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Revenue

Pennsylvania Shatters Records with $5.7 Billion in 2023 Gambling Revenue

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 […]

Pennsylvania’s Unexpected November Revenue Trends

Data from the Pennsylvania Gaming Control Board shows that in December 2023, the state’s gaming income took a surprising nosedive, mostly due to decreased sports betting operations. Despite a general upward trend in gaming income over the preceding several months and even years, the sector suffered its first year-over-year loss since February 2021 in November, […]

PA Sports Betting Posts Record-Breaking Performance in October

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 […]

Pennsylvania Gaming Industry Reaches New Revenue Milestone

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 […]

Pennsylvania’s iGaming Wake-Up Call

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. […]

Pennsylvania Sets Record Gambling Revenue in March 2023

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 […]

Pennsylvania Sets New Record with $5.2 Billion in Gambling Revenue for 2022

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 […]

Pennsylvania Brings In $429M in Gambling Revenue in July

The Pennsylvania Gaming Control Board (PGCB) has just published the gaming revenue data for July, which shows a notable rise in comparison to July of the previous year. According to the findings of the survey, Pennsylvania’s gaming industry saw modest year-over-year growth. In July 2022, the state’s gaming authority reported $429.07 million in earnings from […]

FanDuel Group Extends Footprint in Pennsylvania

In conjunction with Evolution, the FanDuel Group has launched its very first FanDuel-branded live dealer studios in the state of Pennsylvania. This move is part of the company’s plan to extend its portfolio of online casino games across the United States. The well-known online gaming and fantasy sports operator has also extended its services to […]

Pennsylvania Skill Negotiates Settlement for the of Return Its Games

According to a press release issued this week, Pace-O-Matic’s legal representatives have secured a settlement that involves the restoration of its confiscated skill games, equipment, and money. In September of 2021, the Pennsylvania Bureau of Liquor Control Enforcement and the Clearfield County District Attorney’s office conducted raids and confiscated this property wrongfully. This fight was […]