Pennsylvania gaming revenues down despite online growth

Sports betting and igaming revenues in Pennsylvania broke records in November.
Sports betting and igaming revenues in Pennsylvania broke records in November.

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.