It’s no secret that casinos have become a major source of revenue for many states in the US. According to the Pennsylvania Gaming Control Board (PGCB) report, casinos in the state generated over $3.3 billion in revenue for 2022. This impressive number comes from three main sources of income: slot machines, table games and sports betting.
Slot machines are often the first thing that come to mind when people hear “casino” and it’s easy to see why they account for so much of the total revenue generated by PA casinos. With iGaming slots becoming increasingly popular, they’ve become a key contributor to total earnings with Wind Creek Bethlehem leading the way with a gross income of $361 million from slots alone! The Meadows and Penn National were close behind at $283 and $235 million respectively.
For those looking to maximize their wins at the slot machines, there are several strategies you can employ such as playing with smaller denominations and setting limits on how much you are willing to spend per session.
Table games also make up a sizable portion of PA casino revenues with Wind Creek Bethlehem leading the way again at $220 million in gross income followed by The Meadows ($150 million)and Penn National ($120 million). For those who want to try their hand at table games, there are several strategies you can use such as counting cards or sticking with lower stakes bets. Knowing when to fold is also essential if you want to minimize your losses!
Sports betting, on the other hand, has quickly become one of the most popular forms of gambling thanks largely in part due to its accessibility online. WVF Casino Resort was by far the top earner among sportsbooks in PA bringing in over $200 million from wagers placed on sporting events throughout 2022. The Meadows ($50 million) and Penn National ($40 million) were significantly behind their rival but still managed respectable numbers given all three have only been offering legal sports betting since 2019. Those interested in wagering on sports should do plenty of research into matchups before placing bets as well as understand what types of bets can be made and which ones offer higher payouts than others (i.e., parlays). It’s important not to get too carried away when placing bets either as this can lead to serious losses if not done responsibly!
All told, Pennsylvania casinos had a very successful year generating over $3.3 billion dollars through slot machines, table games and sports betting combined! Wind Creek Bethlehem led the way across all three categories while other top-grossing casinos such as The Meadows and Penn National followed closely behind them making great contributions themselves towards total revenue figures for 2022.