Penn National Gaming Incorporated, one of the country’s biggest gaming brands, has been having a bit of a tough time navigating its business over the past few months. Just like many other businesses across the state, the casino operator has had to close down key parts of its operations as part of nationwide directives to […]
Needless to say, the world’s economy is struggling as countries try their level best to contain the coronavirus pandemic. In the United States, a huge chunk of the population has been forced to stay at home and a considerably huge fraction of these people have lost their jobs. Already, lots of people have filed for […]
Ever since the coronavirus pandemic hit the United States, there have been a lot of predictions regarding how badly it would affect the economy. Most of these were rather obvious since it goes without saying that lots of businesses depended on the movement of people. Without that, there has been a significant drop in revenue […]
The global gambling industry is one of the sectors that is feeling the pinch due to the effects of the global COVID-19 pandemic. In the Keystone State, things are no different with several retail gambling destinations having closed down temporarily as parts of the efforts to contain the spread of the virus. Even so, online […]
On Wednesday, the Pennsylvania Gaming Control Board (PGCB) released the February revenue figures for the state’s gambling industry. Needless to say, the state has one of the most lucrative betting industries in the United States and this has been proven by all the previous revenue reports. According to the state gaming regulator, the existing 12 […]
Things definitely took off on a high note for the Keystone States gambling industry and this is now evident from a recently released revenue report. Pennsylvania’s gambling industry which consists of 12 licensed casino operators, daily fantasy sports as well as video gaming terminals posted a 17 percent increase in revenue in January 2020. This […]
It has just been a little over a fortnight since the new year began and already a lot has happened in the Keystone State’s gambling industry. Needless to say, much of this was expected especially considering the meteoric growth of the sector over the past year and the big promises that gaming operators gave to […]
The Pennsylvania Gaming Control Board (PGCB) has recently released the revenue figures for sports betting in the Keystone State. According to the figures released by the gaming regulator, the state’s sports betting sector handled a whopping $241.2 million in bets. This was a 24 percent increase from the $194.5 million that was recorded in the […]
The return of football in September contributed to yet another great milestone for the Keystone State’s sports betting market which is barely a year old. According to a revenue report that was released by the Pennsylvania Gaming Control Board, retail and online sportsbooks in the state handled wagers totaling to a whopping $194.5 million. That […]
The Pennsylvania Gaming Control Board (PGCB) has recently published its annual revenue reported for 2018/19. As seen in the report, the previous fiscal year saw the nascent but rapidly growing gambling sector contribute significantly to the state’s economy. To put this into perspective, the gambling industry employed a whopping 16,000, delivering total annual expenditure of […]