Pennsylvania gaming revenues down despite online growth
Sports betting and online casinos are doing well in Pennsylvania while land-based facilities struggle due to Covid-19 restrictions.
US.- Sports betting and igaming revenues in Pennsylvania broke records in November, but a downturn at land-based facilities meant the state saw an overall year-on-year decline
According to figures released by the Pennsylvania Gaming Control Board (PGCB), operators in Pennsylvania reported combined revenue of nearly $284.3m in November, down 2.7 per cent from the $292.1m in the same month last year.
November’s revenue also represents a 11.5 per cent month-on-month decline from $320.2m in October 2020.
That’s despite record revenues from sports betting, which brought in $37.35m, and online casinos, which reported revenues of just under $59.8m.
The year-over-year declines can be attributed to the drop in revenues at land-based facilities. Slot revenue dropped 31.6 per cent to $129.5m against the same period last year, while table games revenue fell 30 per cent to $52.3m.
Pennsylvania’s land-based facilities continue to operate under Covid-19 measures. Land-based revenues in December are expected to decline further after a second state-ordered lockdown was imposed last Saturday.
