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Revenue

Pennsylvania Posts Record Sports Betting Revenue in September

The return of football in September contributed to yet another great milestone for the Keystone State’s sports betting market which is barely a year old. According to a revenue report that was released by the Pennsylvania Gaming Control Board, retail and online sportsbooks in the state handled wagers totaling to a whopping $194.5 million. That […]

Pennsylvania Casinos Bring in $3.29 Billion in Fiscal Year

The Pennsylvania Gaming Control Board (PGCB) has recently published its annual revenue reported for 2018/19. As seen in the report, the previous fiscal year saw the nascent but rapidly growing gambling sector contribute significantly to the state’s economy. To put this into perspective, the gambling industry employed a whopping 16,000, delivering total annual expenditure of […]

Parx Casino Overpaid Taxes by $1.1 Million

It is not often that we hear about companies or individuals overpaying taxes. Well, this is exactly what happened with Greenwood Gaming and Entertainment. The gambling operator has been one of the companies that have made sizeable contributions to the Keystone State’s development but, as it turns out, not all of it was intentional. The […]

Pa. Lottery’s Xpress Sports Considering Changing Game Options

It goes without saying that gambling in the Keystone State is doing quite well. The Lottery is one of the sectors that is still shining which is not very surprising especially considering the fact that it has existed longer than most other forms of gambling in the state. Even so, it continues to post record […]

Revenue Stats Reveal Modest Start for Pennsylvanian Online Gambling

On Friday, August 15, the Pennsylvania Gaming Control Board released revenue figures for the state’s online gambling industry which officially kicked off in July, and from the looks of it, the sector is on the right trajectory. According to the gaming regulator, the state’s three online gaming operators brought in a total of $812,306 between […]

PGCB Criticizes Plans by Operators to Reduce Slot Machines

On Wednesday, August 14, the Pennsylvania Gaming Control Board held a hearing in Harrisburg that saw to the unfolding of a number of regulatory actions. However, most of the time was spent addressing three petitions that sought to reduce gaming floors at certain venues. The most notable petitions were filed by Presque Isle Downs Casino, […]

Pa. Lottery Reports Record Revenue in Latest Fiscal Year

The Pennsylvania Lottery has recently released its revenue report and it is very impressive, to say the least. The lottery managed to reach record revenues of a whopping $4.5 billion in the last 12 months ending on June 30. This amount sums up to a 7.2 percent increased in profit for the state lottery and […]

Pa. Gambling Revenue Tops $3.3B in Fiscal Year 2018/2019

The Keystone State’s massive gambling market continues to grow and as expected, it has been able to generate significant amounts of revenue through various sectors. In fact, it is safe to say that the gaming industry, in one way or the other, has managed to surpass a lot of expectations, a trend that is likely […]

Pennsylvania Slots Records Revenue Growth in Fiscal Year 2018/2019

The Keystone State’s slot machine revenue increased 1.1 percent during the just concluded 2018/2019 state fiscal year compared to the 2017/208 fiscal year. These figures were presented by the Pennsylvania Gaming Control Board (PGCB) last Monday, the breakdown of the slot machine revenue figures has set the precedence for the total gaming report that is […]

Pennsylvania Slot Machine Revenue Goes Up 2.7 Percent in May

Last month, the Keystone States 12 licensed and regulated casino operators managed to generate a whopping $209.6 million in combined gross revenue from slot machine gaming – this is a 2.7 percent year-on-year increase according to the figures that were released by the Pennsylvania Gaming Control Board on Tuesday, June 4. The gaming control board’s […]