Data from the Pennsylvania Gaming Control Board shows that in December 2023, the state’s gaming income took a surprising nosedive, mostly due to decreased sports betting operations. Despite a general upward trend in gaming income over the preceding several months and even years, the sector suffered its first year-over-year loss since February 2021 in November, […]
The past year has been quite challenging for several businesses across the United States. Pennsylvania, like many other states, also suffered a huge blow to its economy. One of the biggest casualties in the state was the gambling sector. This was due to the closure of land-based gambling and entertainment venues as a response to […]
Last Thursday, the Pennsylvania Gaming Control Board (PGCB) released the revenue figures posted by the state’s gambling industry in the month of June 2020. As expected, since the state is still reeling from the effects of the coronavirus pandemic, the overall gambling revenue took quite a hit once again. The closure of all of the […]