{"id":7581,"date":"2024-07-22T01:33:00","date_gmt":"2024-07-22T01:33:00","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/07\/22\/pennsylvania-igaming-hits-new-high-in-2023-2024\/"},"modified":"2024-07-22T01:33:00","modified_gmt":"2024-07-22T01:33:00","slug":"pennsylvania-igaming-hits-new-high-in-2023-2024","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/07\/22\/pennsylvania-igaming-hits-new-high-in-2023-2024\/","title":{"rendered":"Pennsylvania iGaming Hits New High in 2023-2024"},"content":{"rendered":"<div>\n<p>The Pennsylvania gambling industry set a new record by contributing $2.54 billion in tax revenue for the 2023-2024 financial year. This achievement is based on $5.89 billion in total revenue from casino slot machines, table games, iGaming, sports wagering, video gaming terminals (VGTs), and fantasy sports contests, according to the Pennsylvania Gaming Control Board (PGCB).<\/p>\n<p>The <a href=\"https:\/\/igaming.org\/casino-news\/pennsylvanias-gambling-industry-achieves-record-breaking-revenue-in-2022-2023-fiscal-year\/\">previous record<\/a>, set in 2022-2023, was $5.5 billion in gaming revenue and $2.36 billion in tax revenue.<\/p>\n<p>Tax revenues support various state programs, including school property tax reduction, economic development projects, safety and recreational initiatives, agricultural support through horse racing, and contributions to the Commonwealth\u2019s General Fund.<\/p>\n<p>Slot machine revenue totaled $2.44 billion, a 0.56% decrease from the previous year. Parx Shippensburg had the highest growth at 146.56%, with $34.47 million, while Harrah\u2019s Philadelphia saw a 12.68% decrease to $109.92 million. The top revenue-generating casinos were Parx Casino ($377.03 million), Wind Creek Bethlehem ($284.31 million), and Rivers Casino Pittsburgh ($265.52 million). Slot machine tax revenue reached $1.343 billion.<\/p>\n<p>Table games generated $958.03 million, a 1.64% decrease. The Casino at Nemacolin increased table games revenue by 41.34% to $2.38 million, while Harrah\u2019s Philadelphia saw a 22.89% decrease to $26.71 million. Leading in table games revenue were Wind Creek Bethlehem ($252.20 million), Parx Casino ($199.05 million), and Live! Casino Philadelphia ($107.82 million). Table games tax revenue was $157.58 million.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow noopener\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>iGaming revenue hit $1.95 billion, a 27.16% increase. Hollywood Casino at Penn National Race Course led with $751 million, and Harrah\u2019s Philadelphia saw a 103.66% increase to $102.02 million. iGaming tax revenue was $841.66 million.<\/p>\n<p>Sports wagering revenue was $486.57 million, a 1.10% decrease. Valley Forge Casino Resort led with $249.37 million, down 2.38%. Tax revenue from sports wagering was $175.16 million.<\/p>\n<p>The PGCB also <a href=\"https:\/\/igaming.org\/casino-news\/pennsylvania-gaming-revenue-rises-in-june\/\">announced<\/a> total gaming income for the month of June in 2024 which was $471.98 million, a gain of 7.2% versus the same month last year. A good start of the 2024-2025 fiscal year.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/pennsylvania-igaming-hits-new-high-in-2023-2024\/\">Pennsylvania iGaming Hits New High in 2023-2024<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Pennsylvania gambling industry set a new record by contributing $2.54 billion in tax revenue for the 2023-2024 financial year. This achievement is based on $5.89 billion in total revenue from casino slot machines, table games, iGaming, sports wagering, video gaming terminals (VGTs), and fantasy sports contests, according to the Pennsylvania Gaming Control Board (PGCB). [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-7581","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"The Pennsylvania gambling industry set a new record by contributing $2.54 billion in tax revenue for the 2023-2024 financial year. This achievement is based on $5.89 billion in total revenue from casino slot machines, table games, iGaming, sports wagering, video gaming terminals (VGTs), and fantasy sports contests, according to the Pennsylvania Gaming Control Board (PGCB).\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Casino Online Best\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/casino-online-best.com\/index.php\/2024\/07\/22\/pennsylvania-igaming-hits-new-high-in-2023-2024\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.1.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Best Online Casinos - News about Online Casinos\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Pennsylvania iGaming Hits New High in 2023-2024 - Best Online Casinos\" \/>\n\t\t<meta property=\"og:description\" content=\"The Pennsylvania gambling industry set a new record by contributing $2.54 billion in tax revenue for the 2023-2024 financial year. This achievement is based on $5.89 billion in total revenue from casino slot machines, table games, iGaming, sports wagering, video gaming terminals (VGTs), and fantasy sports contests, according to the Pennsylvania Gaming Control Board (PGCB).\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/casino-online-best.com\/index.php\/2024\/07\/22\/pennsylvania-igaming-hits-new-high-in-2023-2024\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2024-07-22T01:33:00+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2024-07-22T01:33:00+00:00\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary\" \/>\n\t\t<meta name=\"twitter:title\" content=\"Pennsylvania iGaming Hits New High in 2023-2024 - Best Online Casinos\" \/>\n\t\t<meta name=\"twitter:description\" content=\"The Pennsylvania gambling industry set a new record by contributing $2.54 billion in tax revenue for the 2023-2024 financial year. 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