Pennsylvania casino revenues drop 18%

Pennsylvania casino revenues drop 18%

The Pennsylvania Gaming Control Board says casino revenues have fallen 18% in the last fiscal year due to the impact of the pandemic.

US.- The Pennsylvania Gaming Control Board has revealed casinos in the state have seen annual revenue drop by 18%.

Figures for the last fiscal year show the impact of the lockdown imposed in March as revenue from regulated gambling in Pennsylvania fell to US$2.7 billion for the year, down from a record high of US$3.3 billion the year previous.

Revenue from slot-machine gambling fell by US$680 million and table games were down by about US$240 million – in both cases a fall of nearly 30%.

Online gambling has proved vital for mantaining revenue, contributing US$240 million, while sports betting brought in US$114 million in the first full year.

Online gambling, including sport betting continued during the shutdown of the state’s 12 operating casinos and the cancellation of most local sports events.

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