Pennsylvania casino revenue plunges in 2020, but there are positive signs for sports and interactive wagering

PITTSBURGH — Pennsylvania casinos had revenue of $2.66 billion in 2020, down 21.5% from $3.39 billion the year before.

The Covid-19 pandemic impacted casino revenue in several ways, most notably the shift away from in-person gambling toward interactive wagering online and a massive growth in sports gambling. Casinos were closed to in-person gambling for all of April and May and part of June, leading to more than 40% drop-offs in slot and table game wagering statewide.

Growth in sports wagering was largely due to the fact that casinos across the state did not have a full year of sports wagering revenue in 2019, but did in 2020. The loss of sports wagering from cancelled March Madness was more than made up for by having a full season of National Football League betting.

Read more from our news partners at the Pittsburgh Business Times.