Online Games

Pennsylvania: Gambling revenues get online boost

Friday 18 de September 2020 / 03:09

⏱ 1 min read

(Pennsylvania).- Online gambling is giving state revenues a much needed shot in the arm following a two and a half month shutdown in the spring and summer associated with the COVID-19 pandemic.

Pennsylvania: Gambling revenues get online boost

Figures released Wednesday by the Pennsylvania Gaming Control Board show total gaming and fantasy contests revenue for August was $310,717,728, an almost 6 percent increase over the $293,434,087 generated in the same month last year.
Harrah’s Philadelphia in Chester saw a slight dip of 1.27% in total revenues for August 2020 compared to August 2019, pulling in $20,421,591 last month versus $20,683,822 in the prior year.

Statewide, in-house slots and table games continue to lag from last year’s figures, according to the PGCB. Retail slots accounted for $206,260,869 in revenues in August 2019, but just $166,999,047 last month. Retail table games likewise saw more than a $10 million drop, down to $65,119,689 from $76,184,709 last year.

But bolstering those figures were huge gains in “I-Gaming” online revenues, according to the figures released Wednesday.

Online slots in August 2019 came in just over $2.5 million in August 2019, but skyrocketed to more than $39.6 million last month. Online table games likewise increase from less than $1 million last August to more than $18.2 million.

Sports wagering, which accounted for $6.1 million in August 2019, posted $18,274,075 in revenues last month. Online poker, not available in August 2019, put up another $2.7 million. Revenues from Video Gaming Terminals, or VGTs, also showed gains in year-over-year figures, accounting for just $56,221 last August, but $2,247,898 last month. Rounding out the statewide totals was fantasy contests revenue, which increased from $1,388,631 in august 2019 to $2,134,494 last month.

Categoría:Online Games

Tags: Sin tags

País: United States

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