It’s been one year since Econsult Solutions presented its gambling study to Pennslyvania’s Legislative Budget and Finance Committee.
That study concluded that the PA market for regulated online gambling (casino and poker) was worth some $184 million in first year revenue, and $307 million in ongoing revenues.
Since, two of Pennsylvania’s neighbors – New Jersey and Delaware – have wrapped up their first year in the industry, and are deep enough into their second that meaningful year-over-year comparisons can be drawn.
What follows are updated revenue projections for Pennsylvania’s iGaming market, utilizing data from Econsult and other reputable sources, and taking into account existing US regulated market performance.
All projections set forth in this piece are based on the assumption that the bill that ultimately legalizes and regulates online gambling in Pennsylvania will closely resemble State Representative John Payne‘s HB 649.
Payne, who also acts as the Chairman of the House Gaming Oversight Committee, is arguably the strongest champion of online gaming in Pennsylvania.
