Pennsylvania Gaming Control Board sees 85% monthly increase

Pennsylvania Gaming Control Board reported a total gaming revenue of $283 million in July

Operators in Pennsylvania, USA reported that revenues?returned to pre-pandemic levels last month, and sportsbooks capitalised on the return of major sports?like the NBA.?

The?Pennsylvania Gaming Control Board reported a total gaming revenue of $283 million in July, up from $281.5 million a year ago?which is?a 0.5% year-on-year increase.?

Retail and online sportsbooks generated $164.8 million in wagers in July,?up 85.1%?from $89 million in June.?Online betting accounted for 94.3%?of July’s handle,?and about 84% of sports betting revenue was generated online.??

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A significant amount of businesses have shifted from casinos to online platforms like online slots, table games, and?online?poker and generated $54.4 million in July. Along with online sports betting,?online gaming generated $61.2 million in revenue in July, or nearly 22% of all casino gaming revenue.?

Online gaming generated less than $4 million statewide a year ago in July, just two months after Rivers Casino Philadelphia, then called the?SugarHouse?Casino, was the first casino in Pennsylvania to launch?iGaming.??

The boom in online gambling offset substantial year-on-year declines in retail betting, as some customers remained at home even after most casinos reopened in June. Revenue from casino-based table games was down 32% from a year ago.?

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