Pennsylvania’s Gaming Market Flourishes Despite the Pandemic

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New Jersey Online Casino Revenues Rise as In-Person Sinks

Online slots and table games continue year-over-year revenue increase while New Jersey's brick-and-mortar properties decline. New Jersey's digital real money casino gaming platforms continued their revenue increases to start 2024 even as the state's venerable in-person industry declined. Internet gaming win across the state's legal digital…

Finance ・ 26 days

Yogonet

Pennsylvania's gaming industry sees new record fiscal year with $5.5B in revenue for FY22/23

The Pennsylvania Gaming Control Board (PGCB) has announced a landmark achievement for the state's gambling industry, as gross gaming revenue (GGR) from all regulated verticals soared to an unprecedented $5513729520 during the 2022/2023 fiscal year. The record-high revenue is also the second time the state eclipses the $5 billion mark and helps…

Finance ・ 19 July 2023

Penn Bets

Another Bountiful Month For Online Gambling In Pennsylvania

Pennsylvania's iGaming operators continue to find a bountiful harvest from their fall numbers, as November's online casino revenue set another record and sports betting revenue climbed while the sports handle nearly matched October's historic high. The Pennsylvania Gaming Control Board released the monthly revenue report for November Monday. While…

Finance ・ 04 January 2023

Yogonet

Pennsylvania casinos post record $3.3B revenue for FY21-22; iGaming hikes 37%

The Pennsylvania Gaming Control Board (PGCB) has announced retail casinos operating in the state collectively won a record $3.3 billion in revenue during the fiscal year 2021-2022, elapsing the previous high of $3.2 billion in FY 2018/2019. The PGCB broke down the Pennsylvania gambling industry's financial results for the period in the 17th edition…

Finance ・ 30 September 2022

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Pa. casinos post record $5B in revenue in 2021-22 fiscal year

Pennsylvania casinos saw substantial growth during the last fiscal year, with the industry posting a record $5 billion in revenue, state regulators said. In all, the state's 16 casinos generated $5.04 billion in revenue in fiscal year 2021-22, which runs from July 1 through June 30, according to the Pennsylvania Gaming Control Board. That's $1.2…

Finance ・ 19 July 2022

Yogonet

Pennsylvania gaming revenue grows 14% in April, with online casinos leading all US markets

Pennsylvania gaming revenue increased by 14% year-over-year in April to reach $461.6M, the state's Gaming Control Board (PGCB) reported on Tuesday. That figure was $1115481 short of the results for March 2022, which was an all-time monthly high for gaming in the state. The Hollywood Casino at Penn National Race Course in Dauphin County led the…

Finance ・ 19 May 2022

Pennsylvania Casinos

New iGaming Options for Pennsylvanian Gamblers

Pennsylvania casinos had a pretty solid run in the 2021 calendar year. Casinos in the state did very well in terms of recovery from the devastating impacts of the COVID-19 pandemic. To put this into perspective, these gaming operations brought in a state-record $4.7 billion in revenue. Online gaming's contributions were a key part of…

Covid ・ 20 April 2022

Online Poker Report

NJ, PA Exceed One Billion Online Casino Revenue In 2021

The three main online gambling states - NJ, PA and MI - now routinely see monthly online gambling revenue in excess of $100 million. It doesn't take a math degree to work out that this means $1 billion is an easy annual target for each state to hit. The question then is who's first across that line. This year, New Jersey and Pennsylvania both did…

Finance ・ 02 December 2021

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Pennsylvania Casinos

Penn National Launches First Mini-Casino in the Keystone State

Penn National Gaming moved from being an opposer of the state's Category 4 satellite casino plans to being the first operator to launch such an operation in Pennsylvania. As expected, the grand opening of Hollywood Casino York came with a ton of hype of excitement. Gamblers in York County can now access the $120-million state-of-the-art […] Penn…

Sports ・ 20 August 2021

Penn Bets

Retail Casinos Just Saw Best Month Ever In PA, But Can They Sustain It?

A year ago, Pennsylvania's gaming industry was holding its head above water through online gaming growth that offset gamblers' aversion to brick-and-mortar casino visits in the midst of a pandemic. Last month was a different story. The July figures released by the Pennsylvania Gaming Control Board showed casino visitors lost a record $309.8 million…

Covid ・ 19 August 2021

Online Poker Report

July 2021 Online Gambling Revenue: NJ Back To Setting Records

New Jersey iGaming revenue hit at all-time high in July. Setting such records each month has been the norm for most of the market's history. However, it's more significant this time in that it marks the end of a three month long slump. Collectively, the state's online casinos earned $118685095 in July. The previous record dates back to March, when…

Finance ・ 19 August 2021

Gambling News

Pennsylvania Hits New High of $423.6M Revenue for July

Online gambling revenue was the leader for the month, with $88.7m, while land-based casinos are gaining momentum again. Pennsylvania hit a record monthly revenue of $423.65m generated from all forms of gaming in July, the Pennsylvania Gaming Control Board (PGCB) announced on August 17. The new figures are significantly higher than…

Finance ・ 19 August 2021

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Penn Bets

Gamblers Flock Back To PA Casinos Without Increasing Internet Betting

Pennsylvanians reduced their sports betting in July and wagered about the same on iGaming as the prior month, but they flocked to casinos at a level even higher than before the COVID-19 pandemic struck. Those were the contrasting takeaways from the Pennsylvania Gaming Control Board's release Wednesday of its monthly revenue report accounting for…

Sports ・ 18 August 2021

Pennsylvania Casinos

Pennsylvania's Mini Casinos: Hit or Miss?

The Keystone State's gambling expansion plans were very ambitious, to say the least. Many of the developments that arose as a result of it have, thankfully, paid off. Sports betting in the state has been setting records ever since its launch. The online gambling sector has also proven that it is very capable. Its growth […] The Keystone State's…

Sports ・ 01 August 2021

Online Poker Report

Pennsylvania Online Casinos See Revenue Drop In June

What goes up must come down. That's the conventional wisdom, anyway. For the most part, however, it hasn't been the case for online casinos, which enjoyed a huge revenue increase last spring when retail casinos shut down due to COVID. The pandemic has been an unprecedented event. While many presumed that the gains would be temporary, there was no…

Finance ・ 20 July 2021

Meadville Tribune

Online gambling drives record-breaking year for PA gambling industry

HARRISBURG -- Despite casinos being closed for weeks due to pandemic restrictions, the state's gambling industry had a record-breaking year in 2020-2021, fueled by online gambling, the Pennsylvania Gaming Control Board announced Monday. Pennsylvania smashed its record for gambling revenue, state regulators said Monday, reporting nearly $3.9 billion…

Industry ・ 20 July 2021

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Pa. gambling industry has record year, thanks to online growth

HARRISBURG - Despite casinos being closed for weeks due to pandemic restrictions, the state's gambling industry had a record-breaking year in 2020-2021, fueled by online gambling, the Pennsylvania Gaming Control Board announced Monday. Pennsylvania smashed its record for gambling revenue, state regulators said Monday, reporting nearly $3.9 billion…

Industry ・ 20 July 2021

Pennsylvania Casinos

Record Revenue for Pennsylvania Casinos in May

The Keystone State's online gambling sector has been through a lot since the COVID-19 pandemic hit. The worst of the pandemic is now behind us and the state's gambling industry is already beginning to gain some level of normalcy. This has translated to very impressive revenues for the industry. The Pennsylvania Gaming Control Board (PGCB) has…

Finance ・ 01 July 2021

Vegas Slots Online

Top US Online Casino Markets by Average Yearly Spend

From the boardwalks of Atlantic City to the bright lights of the Las Vegas Strip, the US has become famous for its casino gambling over the past 100 years. Spurred on by this success, gaming operators have utilized new technology to enhance the options available to gamblers. This ultimately led to the first introduction of iGaming in New Jersey and…

Sports ・ 02 July 2021

Yogonet

Pennsylvania casino revenues up 42% from pre-pandemic levels

ecently released figures show that Pennsylvania casinos saw a more than $9 million revenue increase in May compared to the previous month, reports The Tribune-Review. According to data from the Pennsylvania Gaming Control Board, combined gambling revenues last month exceeded $413 million compared to the $404 million reported in April. A comparison…

Covid ・ 18 June 2021

Pennsylvania Casinos

More Signs of Recovery as Pennsylvania Gambling Revenue Surges in March

February 2021 was a pretty solid month for the Keystone State's gambling sector. Despite all of the difficulties most of which arose from the COVID-19 pandemic, many of the gambling entities performed quite well. This was one of the signs that the state was beginning to see some resurgence not just in the gambling sector but in the entire…

Finance ・ 02 July 2021

Online Poker Report

PA Online Gambling Shows Signs Of Maturity, Hitting $98 Million In March

Pennsylvania's legalized online gambling market is beginning to slow down a little bit. Numbers released today by the Pennsylvania Gaming Control Board show a 293% increase in iGaming revenue in March 2021, compared with March 2020. However, the rise from February 2021's $78 million in gross revenue to March 2021's $98 million is less dramatic,…

Travel ・ 07 May 2021

Pennsylvania Casinos

PGCB Releases Gaming Revenue Figures for February 2021

The Pennsylvania Gaming Control Board (PGCB) on March 16 released a report detailing the performance of the state's gambling industry. Generally speaking, the performance of most sectors was pretty solid especially because they all also have to deal with various efforts that will help to recover from the ravaging economic and social impacts of the…

Finance ・ 07 May 2021

Online Poker Report

NJ Online Gambling Sites Make $92 Million Gross Revenue In November

New Jersey's online gambling industry held a steady course in November. Revenue was either down or up slightly depending on how you calculate it, but very close to even either way. NJ gambling sites combined to bring in $91.8 million for the month of November. That's a bit of a drop from October's total of $93.5 million, so the state didn't set a…

Gambling Sites ・ 19 January 2021

Online Poker Report

NJ Online Casinos Hit Record High In October 2020

After several fairly flat months, New Jersey online gambling revenue has begun to surge once again. NJ gambling sites combined to bring in $93.5 million for the month of October, setting a new record. Prior to this, total online revenue for the state had hovered between $85 million and $88 million since May. Sports betting was also on the rise, up…

Poker ・ 19 January 2021