Pennsylvania Lottery forecasts sales drop
According to the Pennsylvania Lottery, scratch-off ticket sales will drop by up to US$200 million due to skill games and bigger jackpots in 2020.
US.- The gaming industry continues to evolve and it causes several changes to revenues and other key indicators. According to the Pennsylvania Lottery, sales will drop to such changes, specifically the growth of skill games and jackpots.
Lottery executive director Drew Svitko explained skill games could lead to a US$200 million decline in scratch-off ticket sales this year.
“Those skill machines are absolutely having an effect on the lottery,” Svitko told the House Appropriations Committee. As quoted by the Lottery Post Pennsylvania needs to do something or “the impact is going to get worse and worse and worse.”
2019’s gaming figures in Pennsylvania
The Pennsylvania Gaming Control Board (PGCB) has released the total gaming and fantasy contests revenue generated in the state in 2019. The report establishes that there has been a 4.47% increase in revenues generated in Pennsylvania during last year’s operations.
Total revenue in 2019 in Pennsylvania was US$3.4 billion, approximately US$150 million more than what Pennsylvanian facilities had registered in 2018 when the number was US$3.2 million.
Parx Casino was the facility that achieved the highest total revenue in 2019 with US$639.4 million, representing a 6.09% increase over 2018. Wind Creek Bethlehem generated US$522.1 million, although the number is relatively flat when compared to the previous period.
Rivers Casino Pittsburgh and Rivers Casino Philadelphia totalled US$392 million and US$339 million respectively. Those figures show increases of 9.3% and 11.9% over 2018.
Total tax revenue generated collectively through all forms of gaming and fantasy contests was US$1.4 billion during 2019 compared to US$1.3 billion in 2018.
