The Pennsylvania Gaming Control Board announced a record-breaking $5.7 billion in revenue for the state of Pennsylvania in 2023, marking an important milestone for the gaming sector in the Keystone State. The astounding figure represents a substantial increase of 9.3 percent from the prior year and is complemented by a record-breaking tax income of 2.34 […]
October saw a staggering increase in Pennsylvania’s sports betting handle, reaching an amazing $829.0 million. This mind-boggling sum was a notable 4.0% rise from the prior peak of $797.1 million, boosting the industry to an all-time high. A substantial 18.8% year-on-year gain in sports betting income, reaching $48.2 million, was propelled by the recent spike […]
Caesars has released a fresh initiative to strengthen its position in the expanding market of Pennsylvania online casinos. In its new guise as Caesars Palace Online Casino, the company hopes to compete with other top providers in Pennsylvania. Not just in Pennsylvania, but throughout the country, industry behemoths like DraftKings, BetMGM, and FanDuel have a […]
During the fiscal year 2022-2023, the gaming sector in Pennsylvania was on a phenomenal growth trajectory, setting multiple new revenue records. These milestones are reflective of the growing gambling market in the state. The PGCB reported record-breaking gaming revenue of $5.51 billion for the fiscal year. This figure represents a considerable rise of 10.0% above […]
The Pennsylvania Gaming Control Board (PGCB) has achieved a significant milestone by processing its 20,000th voluntary request for self-exclusion from the state’s brick-and-mortar casinos. Pennsylvania’s Casino Self-Exclusion Program first launched in 2006 to provide gamblers with the option of excluding themselves from the state’s legal casinos and retail sportsbooks. The PGCB, under the leadership of […]
Through the first four months of 2018, the gambling business in Pennsylvania has continued its increasing trend. In April, gambling establishments in Pennsylvania raked in more than $476,7 million. As compared to April of 2022, that’s an improvement of 3.2%. In April of 2023, the state’s revenue hit $420 million for the ninth consecutive month. […]
According to the Pennsylvania Gaming Control Board (PGCB), the state’s gaming sector set a new monthly revenue record in March 2023. Gross gaming revenue (GGR) in the Keystone State almost reached $515.3 million in March, breaking the $500 million barrier for the first time. This is an increase of 11% compared to the same period […]
In recent years, numerous states in the United States have legalized online sports betting due to its growing popularity. The so-called “risk-free bet” is only one of the many perks and promotions offered by sportsbooks to lure in new consumers. A risk-free bet is exactly what it sounds like: if you lose your first bet […]
In 2021, the Monroe County District Attorney’s office conducted illegal raids on the firm and took possession of Pace-O-Matic’s (the company behind Pennsylvania Skill games) assets. Slot machines and other gambling hardware and cash were part of the confiscated property. Last week, Monroe County, Pennsylvania ruled a return of property case in favor of the […]
According to the Pennsylvania Gaming Control Board (PGCB), 2022 saw a record year for gambling earnings. Slot machines, table games, sports betting, internet gambling, video gaming terminals (VGTs), and fantasy competitions brought in a cumulative $5,211,303,191 in 2010, up almost half a billion from the year before, according to the PGCB. Revenue from slot machines […]