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Revenue

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 […]

75 Percent of Pa. Sports Betting Attributed to Kiosks

Pennsylvania’s sports betting industry is yet to officially go live but already, the sports betting operators are already working on the implementation of a few vital components that are reminiscent of online poker operations. This is through the use of sports betting kiosks which offer the sports bettors the ability to access sports betting services […]

Pa. Gambling Industry Posts Lackluster Performance in April

In March 2019, the Keystone State established a new market record thus setting some rather high expectations for the months that would follow. Unfortunately, things took a rather unanticipated turn in April when the state posted falling gambling revenue. The Slump in Slot Machine and Table Game Revenue According to figures released by the Pennsylvania […]

Interest in Slot Machines Decline in Pa. As Revenues Drop

The Pennsylvania Gaming Control Board (PGCB) has recently posted the monthly revenue report for the state’s online slot gaming industry and things are not looking so good. In the report, the gaming control board revealed that last month’s gross revenue from the slot machines at the state’s 12 licensed casino operators was $200,359,403 which is […]

Pa. Casinos Post Record Gaming Revenues in March

The Keystone State’s 12 licensed casino operators have recently set a brand-new all-time high record for gambling winnings in a single month. According to the revenue figures that were released by the Pennsylvania Gaming Control Board last Monday, the casinos managed to rake in whopping $309.1 million from slot machines and table games – the […]