Parx casino Pennsylvania

Pennsylvania Casinos Set Record $423M Gaming Revenue in July

Pennsylvania gaming industry generated more than $423 million in July, the highest revenue total since the first legal casino bet was wagered in the state in 2006. The latest gross gaming revenue (GGR) outshines the previous record of $413.18 million witnessed just two months back in May. The Keystone State …

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FanDuel Sportsbook PA

Pennsylvania Sportsbooks in a Summer Slump With 27% Handle Decline

Pennsylvania sportsbooks are the latest to bear the brunt of July – the slowest month of the sporting calendar – which saw handle free falling to more than 27%. According to official numbers released Wednesday by the Pennsylvania Gaming Control Board (PGCB), the state’s sportsbooks reported $304.4 million, down 27.6% …

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Pennsylvania Lottery

Pennsylvania Lottery Sees Record $1.3B Profit This Fiscal Year

The Pennsylvania Lottery has defied the pandemic by generating record-breaking profits of over $1.3 billion for the fiscal year that ended this June. The previous record was made in the 2018-2019 fiscal year when the lottery had reported $1.1 billion in profit, driven by 4.5 billion in sales. According to …

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Pennsylvania skyline

Pennsylvania June Sports Betting Sees 15% Revenue Increase

Pennsylvania sports betting resisted a summer slide by reporting a 15% month-on-month revenue increase to $42.5 million in the month of June. The last month was the second consecutive month witnessing a continuous decline in handle, including online betting. According to the latest numbers released Monday by the Pennsylvania Gaming …

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Pittsburgh Pirates Baseball Game in Pennsylvania

BetMGM Forges Alliance With Pittsburgh Pirates

BetMGM and the Pittsburgh Pirates announced Thursday a new partnership, essentially making the digital sportsbook a sponsor of the professional baseball team. The partnership includes BetMGM branding throughout PNC Park, making MGM Resorts International’s digital arm the first option for Pittsburg sports fans. The engagement will also include fan-focused promotions, …

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City skyline

Pennsylvania Sports Betting Tops $5bn Handle in 11 Months

Though receding tides of Pennsylvania sports betting resulted in a 7% decline, May pushed the yearly handle to the $5 billion mark. Still, there’s one month left in the fiscal year. Despite a drop in handle, sportsbook revenue reported a 5.5% increase from April. According to monthly figures released Thursday …

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Parx casino Pennsylvania

Pennsylvania Casinos Lose Legal Battle Against Lottery Over Online Offerings

The Pennsylvania Lottery has recently won a legal battle against the state’s seven casinos trying to shut down the lottery’s online games. While rejecting the lawsuit filed by casino owners, the judge ruled the lottery’s internet-based games do not violate state law by using systems unique enough to slot machines …

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FanDuel Sportsbook in PA

Pennsylvania Sports Betting Fares Better with $479M Handle in April

Pennsylvania sports betting also witnessed a declining trend in April, reporting a 14% month-on-month decrease to $479 million for the month. However, amid a traditional spring slump, the Pennsylvania sportsbooks fared relatively better than the other markets like Indiana and Michigan, which saw 25% and 26% decline, relatively. According to …

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FanDuel Sportsbook PA

Pennsylvania Sports Betting Resumes Success With March Handle

Normalcy returned to Pennsylvania sports betting which continued its rising trend in March after a temporary dip in February. According to the monthly report released Thursday by the Pennsylvania Gaming Control Board (PGCB), the state recorded $560.3 million of handle in March, representing a 9.97% increase from February’s $509.5 million, …

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Mississippi

PointsBet Enters Pennsylvania & Mississippi via Penn National Expanded Deal

PointsBet has gained market access to Pennsylvania and Mississippi online sports betting and iGaming through an extended agreement with Penn National Gaming. The announcement made late Thursday came following the extension of the digital gaming services framework agreement between Australia-based online sportsbook and Pennsylvania-based Penn National Gaming in July 2019. …

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