Through the first four months of 2018, the gambling business in Pennsylvania has continued its increasing trend. In April, gambling establishments in Pennsylvania raked in more than $476,7 million. As compared to April of 2022, that’s an improvement of 3.2%. In April of 2023, the state’s revenue hit $420 million for the ninth consecutive month.
Even though these findings seem quite positive, a few issues remain.
With the legalization of gambling in 2017, Pennsylvania began an exciting new chapter. They dove headfirst into the realm of online gambling, releasing a variety of interactive slot machines, table games, and even sports betting. In addition, the enthusiasm reached new heights in May of 2018 when the United States Supreme Court overturned the federal restriction on internet gambling, opening the floodgates to the world of online sports betting.
Fast forward to 2022, and Pennsylvania is taking a closer look at the impact of iGaming and mobile sports betting. More than a third of all online casino gamblers and sports bettors admitted to experiencing at least one problem with their internet betting behavior, according to an in-depth study conducted by the state as part of the annual assessment required by the 2017 law.
Even while Pennsylvania’s 17 land-based casinos are doing well, and more are on the way, it is the state’s rapidly expanding iGaming business that has some worried about the possibility of an increase in problem gambling.
The issues people were having with gambling varied from spending more time or money than planned gaming to running out of money to gamble with to missing out on social engagements.
What Now?
With these eye-opening results in hand, state authorities are more committed than ever to taking action and introducing new responsible gaming regulations. Acting DDAP Secretary Dr. Latika Davis-Jones remarked on the report’s importance in identifying and resolving the effect of gaming habits on compulsive and problem gambling in the Commonwealth. The purpose is to let people know that there is assistance for them if their pastime has turned into an addiction.
The Director of the PGCB’s Office of Compulsive and Problem Gambling Elizabeth Lanza emphasized the significance of examining the report’s highlighted trends and hazards. The PGCB and other groups may use this information to improve their services to people with gambling problems by creating new tools and adjusting current ones.
Despite these concerns, it is essential to keep in mind that assistance is readily accessible to anybody who needs it. The state is, thankfully, committed to making online gambling both safe and pleasant for its residents and visitors via a combination of continuous evaluations, collaborative initiatives, and responsible gaming policies.