Another month, another record breaking gaming haul in PA as revenue eclipses $520,000,000 for month of May
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18 June 2024- The Pennsylvania Gaming Control Board (PGCB) reported today that the combined total revenue generated from all forms of gaming, along with fantasy contests, during May 2024 was $520,997,868, an increase of 8.68% compared to revenue generated in May 2023.
Sources of gaming revenue regulated by the PGCB include slot machines, table games, internet gaming, sports wagering, fantasy contests and video gaming terminals (VGTs). The PGCB has posted separate reports for these types of gaming on its website, https://gamingcontrolboard.pa.gov/.
Total tax revenue generated collectively through all forms of gaming and fantasy contests was $216,300,232* during May 2024.
The following chart compiles all revenue generated in May 2024 by casinos, along with fantasy contests and VGTs operated by other vendors and includes a comparison to total revenue generated in May 2023.
May Revenue by Game Type
The PGCB is also providing a synopsis of revenue year-over-year by types of games:
Slot Machine Revenue
This May’s revenue from the play of retail slot machines was $214,133,424, a 1.55% increase in revenue when compared to the $210,862,268 generated in May 2023.
The number of slot machines in operation in May 2024 was 24,862 compared to 25,495 at the casinos in May 2023.
Slot machine revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:
Tax revenue from the play of slots machines in May 2024 was $108,393,393*.
Retail Table Games Revenue
Retail Table games revenue for May 2024 was $83,725,161, an increase of 2.54% from May 2023 when revenue was $81,648,355.
Table games revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows.
Total tax revenue from table games play during May 2024 was $13,837,027*.
Internet Casino-Type Gaming (iGaming) Revenue
Casino games offered online generated monthly gross revenue totaling $174,089,510 during May 2024 compared to $140,971,051 in May 2023, an increase of 23.49%.
A breakdown of revenue of casino games offered online is as follows:
Tax revenue generated from internet gaming play during May 2024 was $76,063,660*.
Total iGaming revenue for each of the casinos during May 2024 and May 2023, if applicable, is as follows:
Sports Wagering Revenue
May 2024, total sports wagering handle was $591,912,626 or 19.44% above the May 2023 total of $495,585,360.
At the same time, the taxable revenue figure for May 2024 was $44,212,853, or 7.56% higher when compared to May 2023, when taxable revenue was $41,104,590.
May 2024 sports wagering total handle and revenue is as follows:
Operated by Parx Casino
Operated by Mohegan Pennsylvania
A breakout of the handle between retail and online sportsbooks can be found on the website report.
Sports wagering revenue for each of the casinos for May 2024 and May 2023, if applicable, is as follows:
Operated by Parx Casino
Operated by Mohegan Pennsylvania
No longer operating
Tax revenue generated from sports wagering during May 2024 was $15,916,627*.
Video Gaming Terminals
Total adjusted revenue for May 2024 for video gaming terminals (VGTs) was $3,686,448, or 3.03% higher than May 2023 when revenue was $3,577,972. By the end of May 2024, all VGT Operators offered the maximum permitted five machines at 74 qualified truck stop establishments, compared to five machines at 68 establishments at this time last year.
Truck Stop VGT adjusted revenue for each of the terminal operators during May 2024 is as follows:
operated VGTs in 30 establishments during May
operated VGTs in 29 establishments during May
operated VGTs in 10 establishments during May
operated VGT’s in 4 establishments during May
operated VGTs in 1 establishment during May
Tax revenue collected from the play of VGTs in May 2024 was $1,916,953*.
Fantasy Contests
Fantasy Contests revenue was $1,150,472 in May 2024, a decrease of 5.19% over May 2023, when revenue was $1,213,424.
Tax revenue collected from the play of Fantasy Contests in May 2024 was $172,571*.
*All tax revenue figures reflect amount generated prior to any adjustments by the PA Department of Revenue
