With the total gambling revenue in PA being $3.4Bn in 2020/2021, we can deduce that each of the 12.8M Pennsylvanians spent roughly $265.62 on gambling, which is $4 over the national average. It is predicted that the Pennsylvania casino industry will reach a revenue of $2.116,76 million by 2024, which indicates a rise in revenue faster than inflation, offering new investment opportunities in the market.
We need to note that this doesn’t include the hospitality sector in the sixteen PA casinos, which are considered a separate industry per reports. Steady Rise in Gambling Revenue PA is Predicted to ContinueĪccording to Statista, casino revenue in Pennsylvania has increased over 100% from 2012 to 2020, noting $884 million in revenue in 2012 and $1.78 billion in 2020 per reports.Ĭurrent estimates for 2021 are that further increase will be experienced, reaching $1.87 billion, which is a 5% increase across all casino revenue streams.
