Pennsylvania Gambling Revenue Sets New Reocrd

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The Gaming Control Board has reported record Pennsylvania gambling revenue of $3.875 billion for the combined Fiscal Year 2020/2021 which just ended on June 30th. The previous high for revenue in a state fiscal year was during 2018/2019 when revenue was slightly more than $3.3 billion. Since that time there has been significant growth in the nascent sports wagering and fantasy sports contests markets along with the establishment of both the iGaming and VGT markets. Those four markets combined constituted almost 33% of the total Pennsylvania gambling revenue achieved in Fiscal Year 2020/2021. The year over year increase of revenue…

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