Despite land-based casinos making nearly $8 million less than they did in July, Pennsylvania sports betting was able to bring in $580 million in August, which was the second highest total ever. Even though casinos in the state were down from the previous month, generating just over $415 million, it was still a 46% increase from the same time last year. Betting on sports managed to make August revenues nice, with over a 66% increase from July. Sports betting volume, both online and at sports books, turned out to be the second highest ever. The good numbers are undoubtedly a…

In the face of the Coronavirus, Pennsylvania online gambling and betting on sports set new records! Despite that bit of good news, however, overall income from gaming was down for the state year-on-year due to the pandemic. Total gambling revenue in November amounted to $283.3 million, a drop of nearly 3% from the same time last year. The numbers were also 11.5% lower than the figures posted in October, this according to the Pennsylvania Gaming Control Board. Sports bets placed online made up over $31 million of the state’s total, compared with just $6.2 million from land based betting. You…

In the midst of a pandemic, sports betting in Pennsylvania continues to grow at a record pace. October revenue figures show nearly a 13% growth in revenue from last year, as reported by the Gaming Control Board. Numbers show that revenue from gambling came to over $320 million, which was substantially more that the $283 million over the same time in 2019. Penn National reported a revenue increase of $15.5 million, which is an amazing 761.1% growth. While Rivers Casino Philadelphia brought in $16.6 million, an increase of 564.0%. Other reported numbers came from the Mount Airy Casino Resorts with…

One year ago, Pennsylvania sports betting consisted only of the Hollywood Casino, located in the quaint little city of Grantville. Just one year removed, sports betting has bloomed to over $1 billion in wagers! And by November the activity was at $1.1 billion and rising. The first billion is a landmark for the growing PA sports betting market, but a glance at these numbers show us that the second billion will hit in no time. Online betting accounts for more than 80% of the wagering in Pennsylvania. As more apps unfold and the state’s population learns more about legal and…

After months of waiting, Pennsylvania online sports betting is finally available! SugarHouse Casino began live testing of its mobile sports betting app product after receiving approval from the Pennsylvania Gaming Control Board The advent of Internet sports wagering in the state has been months in the making. SugarHouse becomes just the first of many coming dominoes to fall in the state. All eight of the current sportsbooks in the state are expected to offer Pennsylvania online sports betting by this summer. A ninth, Presque Isle Downs in Erie, is targeting June 1 as the kickoff date of its retail sportsbook….

The Gaming Control Board met last week and approved proposed Pennsylvania sports betting regulations, but they won’t be up and running by the September start of the National Football League season. Pennsylvania introduced laws for sports betting under bill HB 271 around 10 months ago, but is yet to pass general regulations in the wake of the Supreme Court’s ruling on PASPA. At present, operators that apply would need to pay $10 million for a Pennsylvania Sports Betting license, as well as a 34% state tax and a 2% local tax. This combined 36% rate is almost five times as the…