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Revenue

Pa. Casino Revenue Rebounds in July

During the August 5 public meeting that was held by the Pennsylvania Gaming Control Board (PGCB), some very interesting developments came to light. As expected, due to the ongoing coronavirus pandemic, the meeting was held via a conference phone call. There was a lot that was discussed but the gaming revenue was one of the […]

Online Gaming Elevates Pennsylvania Lottery’s Sales

Online gambling has proven to be quite a big deal during the duration of the ongoing coronavirus pandemic, something that was a breath of fresh air for the gamblers and several gaming operators. Though unforeseen, the Pennsylvania Lottery has turned out to be one of the biggest beneficiaries of the surge in online gambling traffic. […]

PGCB Releases Revenue Figures for June 2020

Last Thursday, the Pennsylvania Gaming Control Board (PGCB) released the revenue figures posted by the state’s gambling industry in the month of June 2020. As expected, since the state is still reeling from the effects of the coronavirus pandemic, the overall gambling revenue took quite a hit once again. The closure of all of the […]

Pennsylvania Records More Online Gaming Growth in May 2020

Things continue to look up for the Keystone State’s online gambling industry and a recent revenue report from the Pennsylvania Gaming Control Board (PGCB) details all of this. While the growth may have not been able to completely undo all of the damage that was left by the closure of land-based gaming facilities a couple […]

Pa.’s Great iGaming Performance Not Enough to Save Overall Gambling Revenue

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 […]

Penn National Records Revenue Drop in The First Quarter of 2020

Penn National Gaming Incorporated, one of the country’s biggest gaming brands, has been having a bit of a tough time navigating its business over the past few months. Just like many other businesses across the state, the casino operator has had to close down key parts of its operations as part of nationwide directives to […]

Pa. Senator Proposes Use of Sports Betting Tax for Property Tax Relief

Needless to say, the world’s economy is struggling as countries try their level best to contain the coronavirus pandemic. In the United States, a huge chunk of the population has been forced to stay at home and a considerably huge fraction of these people have lost their jobs. Already, lots of people have filed for […]

PGCB Releases Keystone State’s March Revenue Figures

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 […]

Pennsylvania’s Online Gambling Revenue to Surge in March

The global gambling industry is one of the sectors that is feeling the pinch due to the effects of the global COVID-19 pandemic. In the Keystone State, things are no different with several retail gambling destinations having closed down temporarily as parts of the efforts to contain the spread of the virus. Even so, online […]

Pennsylvania Gambling Regulator Releases February Revenue Figures

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 […]