Earlier this week, the Pennsylvania Gaming Control Board (PGCB) released the April revenue figures for the state’s gambling industry. As expected, the downtown that began on the onset of the coronavirus pandemic has continued to wreak havoc on the sector. Most of the state’s land-based casinos have had to remain closed as part of statewide […]
Sports betting remains to be one of the most lucrative markets for gaming operators in the United States. Despite the cancellation and suspension of several sporting activities, some gaming operators are still very optimistic about the sector. One of the Keystone State-based gaming companies that still has its sights set on the sports betting scene […]
Renowned daily fantasy sports (DFS) operator DraftKings has been very busy of late. Less than a week ago, the fantasy sports provider recorded a significant rise in the price of its stock when it closed a massive $3.3 billion merger. This merger enabled the company to trade on the Nasdaq Global Select Market. Needless to […]
Ever since the coronavirus pandemic hit the United States, there have been a lot of predictions regarding how badly it would affect the economy. Most of these were rather obvious since it goes without saying that lots of businesses depended on the movement of people. Without that, there has been a significant drop in revenue […]
On Wednesday, the Pennsylvania Gaming Control Board (PGCB) released the February revenue figures for the state’s gambling industry. Needless to say, the state has one of the most lucrative betting industries in the United States and this has been proven by all the previous revenue reports. According to the state gaming regulator, the existing 12 […]
As the recent coronavirus outbreak continues to spread across the globe, the United States is beginning to feel the pinch. A number of changes have already been implemented in a bid to deal with the issue. In Pennsylvania, one of the ways that are being used to combat the spread of the virus is the […]
The Pennsylvania Gaming Control Board (PGCB) is now intensifying its efforts to promote gambling awareness in the Keystone State in a bid to protect its residents from gambling-related harm. By declaring March as the Problem Gambling Awareness Month, the state gaming regulator hopes to clean up its gambling industry and make it safer for both […]
After months of being partial to the issue of the legality of the controversial skill-based gaming machines, the Pennsylvania Gaming Control Board (PGCB) has recently decided to weigh in on the matter. The Keystone State’s gambling regulator has petitioned to join the lawsuit against the machines and they have pretty hard-hitting claims that will certainly […]
Things definitely took off on a high note for the Keystone States gambling industry and this is now evident from a recently released revenue report. Pennsylvania’s gambling industry which consists of 12 licensed casino operators, daily fantasy sports as well as video gaming terminals posted a 17 percent increase in revenue in January 2020. This […]
It has just been a little over a fortnight since the new year began and already a lot has happened in the Keystone State’s gambling industry. Needless to say, much of this was expected especially considering the meteoric growth of the sector over the past year and the big promises that gaming operators gave to […]