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Revenue

Interest in Slot Machines Decline in Pa. As Revenues Drop

The Pennsylvania Gaming Control Board (PGCB) has recently posted the monthly revenue report for the state’s online slot gaming industry and things are not looking so good. In the report, the gaming control board revealed that last month’s gross revenue from the slot machines at the state’s 12 licensed casino operators was $200,359,403 which is […]

Pa. Casinos Post Record Gaming Revenues in March

The Keystone State’s 12 licensed casino operators have recently set a brand-new all-time high record for gambling winnings in a single month. According to the revenue figures that were released by the Pennsylvania Gaming Control Board last Monday, the casinos managed to rake in whopping $309.1 million from slot machines and table games – the […]

Sports Betting Revenues Falling Short of Premarket Forecasts

Since the United States Supreme Court lifted the federal ban on sports betting in May last year, a total of eight states have operational sports betting industries. All of these states had very high hopes for sports betting, but things are not looking so good for some of the state’s – officials in four of […]

888 Launches Poker 8 Client and Rake or Break Promotion

Leading global gaming operator, 888 Holdings has recently responded to declining revenues by launching a brand-new poker client that has been christened Poker 8. The new generation poker client is going to be made available to all of the new customers on the 888poker.com network and is primarily designed to make the operator’s offerings more […]

Pa. Sports Betting Handle and Revenue Drop in February

February may have included a number of high-profile sporting events including the Super Bowl but none of them seemed to be enough to sustain a revenue bump in the Keystone State. The state’s nascent sports betting market recorded drops on handle and revenue despite the fact that there was a total of 6 operation sportsbooks […]

Pa. Slot Machine Revenue Goes Up by Over 1% in January

On Monday, February 4, the Pennsylvania Gaming Control Board posted on its website the January monthly report for the total revenue accrued from slot machines at the state’s licensed casino operators. Fortunately, the slot machines have continued to show year over year growth and the last month was no exception as we got to see […]

A Review of Pennsylvania’s Sports Betting Revenue Report

Legal and regulated sports betting in Pennsylvania went live a little over two weeks ago. This is probably too short a time to effectively analyze the future of the industry in the state but, nonetheless, the revenue statistics are quite interesting. On Tuesday, December 18, the Pennsylvania Gaming Control Board reported that sports bettors wagered […]

Pa. Expanded Gambling Nets $385 Million in First Year

A recent report has revealed that the Keystone State gas netted a little over $1 million each day since the state’s lawmakers passed a law to expand gambling in the region in October 2017. Gambling in the state has injected over $385 million into its coffers, surpassing initial budget estimates. The gambling expansion bill that […]

Cordish Buys 100 Percent Control of Philly Casino Project

Last Wednesday, Cordish Cos., a Maryland-based casino operator announced that it is taking complete ownership of the project developer of Philly Live! Hotel & Casino, Stadium Casino LLC. This move is a pretty huge shakeup for the long-delayed Philly Live! Hotel & Casino projects as now Greenwood Gaming & Entertainment Inc. has been officially bought […]

Pennsylvania Sees Significant Revenue Drop in October

The Pennsylvania Gaming Control has just released the October revenue numbers for the gambling industry and it does not look so good – there has been a significant drop in the earnings recorded for table games and slot machines. While this is certainly not a sign that the state is headed downhill as far as […]