The Pennsylvania Gaming Control Board (PGCB) has just published the gaming revenue data for July, which shows a notable rise in comparison to July of the previous year. According to the findings of the survey, Pennsylvania’s gaming industry saw modest year-over-year growth. In July 2022, the state’s gaming authority reported $429.07 million in earnings from all types of gambling, up 1.28 percent from the previous July.
In sum, this means that in July 2022, $177.1 million in tax revenue was collected from all gambling and fantasy sports combined. When compared to the total amount of $174.7 million collected in taxes during the month of July 2021, the total amount collected during July of this year was slightly higher, having climbed by 1.37%.
How the Casino Operators Faired
Only six out of the total 17 operators reported an increase in their income for the previous month. The Hollywood Casino Morgantown only brought in $570,794 in revenue during the month of July last year. The venue’s income hit a record high of $6.62 million in July of this year.
Earnings were up at Valley Forge Casino Resort in the previous month as well. This July, the resort’s revenue was $41.4 million, up from $35.3 million a year before. In a similar vein, Wind Creek Bethlehem’s revenue in July grew to $50 million, representing a nearly 14% rise over the previous month.
Earnings at the Meadows and Penn National Hollywood casinos increased by 6.25 and 4 percent, respectively, to $22 and $55.8 million. Comparatively, Harrah’s Philadelphia had a rise in revenue of less than 1%, to $18.4 million, in July, while Parx Casino saw a drop of over 12%, to $56.4 million.
Revenue By Game Type
The report indicates that sports betting and online slot machines had a pretty successful month in July. These have been reporting remarkable growth rates for quite some time now. Nonetheless, other industries managed to stay strong as well. A breakdown of everything is provided in the table below.
| Type of Gaming Revenue | July 2022 | July 2021 | % Change |
| Retail Slots Revenue | $213,902,072 | $222,874,389 | -4.03% |
| Retail Tables Revenue | $86,683,278 | $86,921,038 | -0.27% |
| iGaming Slot Revenue | $71,909,442 | $63,226,079 | 13.73% |
| Sports Wagering Revenue | $25,444,500 | $19,856,180 | 28.14% |
| iGaming Tables Revenue | $23,896,183 | $22,859,110 | 4.54% |
| Video Gaming Terminals Revenue | $3,614,578 | $3,754,668 | -3.73% |
| iGaming Poker Revenue | $2,765,124 | $2,596,418 | 6.50% |
| Fantasy Contests Revenue | $858,569 | $1,570,073 | -45.32% |
| Total Gaming Revenue | $429,073,746 | $423,657,956 | 1.28% |