PGCB shares first VGTs revenue report
The gambling regulator from Pennsylvania -— PGCB — has released its first report account revenue from video gaming terminals (VGTs).
US.- The Pennsylvania Gaming Control Board (PGCB) has revealed that total revenue from video gaming terminals (VGTs) in the state was US$324k in September. This is the first report that the PGCB shares about VGTs at truck stops.
The regulator said that two operators have placed VGTs in a total of seven truck stops in Pennsylvania. The first VGT establishment in the state opened on August 16 of the running year, and each of them can operate a maximum of 5 machines.
Total adjusted revenue from the first opening through September 30 was US$324k. Tax revenue collected through VGTs in Pennsylvania was US$168k.
Marquee by Penn totalled US$2.2 million in wagers during that period, while Commonwealth Gaming reported US$1.1 million. Payouts at the first location was US$2.03 million, while the other totalled US$1.08 million.
Marquee by Penn is an affiliate of Penn National Gaming. The company selected Rutter’s to run the VGTs back in January and was approved by the PGCB. A gaming expansion from 2017 established that facilities that qualify can host up to five VGTs in their stores.
Gaming revenue increases in Pennsylvania
According to the PGCB, gaming reached US$3.29 billion in the 2018-19 financial year.
Slots still post the most revenue at the 12 casinos, amounting to US$2.38 billion, or a 1.3% increase. Table games posted US$885.6 million (11.1%) and sports betting amounted to US$21.7 million.
