According to the Pennsylvania Gaming Control Board (PGCB), 2022 saw a record year for gambling earnings. Slot machines, table games, sports betting, internet gambling, video gaming terminals (VGTs), and fantasy competitions brought in a cumulative $5,211,303,191 in 2010, up almost half a billion from the year before, according to the PGCB. Revenue from slot machines […]
Despite the rather impressive resurgence in gambling revenue that the state of Pennsylvania recorded in the past month, the overall impact on gaming revenue since the pandemic hit has been quite devastating, to say the least. The state’s casino remained closed for about three months and this was enough time for about $424 million in […]
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 […]
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 […]
The Keystone State’s slot machine revenue increased 1.1 percent during the just concluded 2018/2019 state fiscal year compared to the 2017/208 fiscal year. These figures were presented by the Pennsylvania Gaming Control Board (PGCB) last Monday, the breakdown of the slot machine revenue figures has set the precedence for the total gaming report that is […]