The release of the Pennsylvania Gaming Control Board’s (PGCB) annual report showed enviable results for the 2022-23 fiscal year.
According to results published by CDC Gaming Reports, the state generated $5.51 billion in gross gaming revenues (GGR) and $2.37 billion in taxes during the period. Both set records for previous 12-month periods.
PGCB Executive Director Kevin O’Toole attributed the results to “the continued oversight of the retail gaming market which added a 17th casino during the fiscal year, while also overseeing the licensing and launch of additional online gaming sites for both casino-type games and sports wagering. The result was a 9 percent growth in revenue during the past fiscal year which resulted in a record $2.37 billion in tax money remitted to the commonwealth.”
Tropicana and Bally’s casinos launched as the 19th and 20th platforms in April and June. Online casino revenue increased by 24 percent from the last fiscal year. The two brands are familiar to players in the state, and are expected to be competitive in the market.
Parx Casino in Bensalem outside Philadelphia also opened a new mini-casino in Shippensburg this year. The state’s 17th retail gaming hall offers 500 slot machines, 48 electronic table games and a sportsbook.
According to PGCB Chairman Denise Smyler, the agency has done a good job in guarding against problem gambling, which she said “goes to the heart of the PGCB’s work to protect the public. The board assures that information is easily found to direct an individual to problem gambling assistance. This assistance includes, but is not limited to, placing limits on their daily online gaming activity, self-excluding from entering and gambling at casinos, or finding the services of a counseling professional.”
Some 20,000 people have joined the self-exclusion registries in the state.
