Pennsylvania gambling revenue for 2023 hits record 5.7 billion

The Pennsylvania Gaming Control Board (PGCB) has released its 2023 gambling financial results. The industry’s total revenue amounted to $5.69 billion (508.9 billion rubles), exceeding the 2022 figures by 9.3%.

Revenue growth had a positive impact on tax revenues in favor of the state. Last year, $2.34 billion (209.3 billion rubles) was paid out. In 2022 this figure was at the level of 2.12 billion dollars (189.6 billion rubles at the current exchange rate).

When compiling the financial reportboard games, compared to 2022, the result decreased by 1.9%. Total revenue amounted to less than $971.7 million (86.9 billion rubles). Sports betting brought in $458.6 million (approximately 41 billion rubles) with a year-on-year growth of 14.31%.

In 2023, monthly gambling revenue in Pennsylvania exceeded $500 million (44.7 billion rubles). This happened for the first time since 2006, when the gambling industry was legalized in the state.

PGCB regulates all sectors of the gambling market in Pennsylvania – from traditional gambling establishments to online platforms. Currently, there are 17 land-based casinos operating in the state, including 6 at racetracks, 5 stand-alone casinos, 4 mini-casinos, and 2 resorts






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