Thursday, April 16, 2020

PA Gaming Board Reports 51% Drop In Total Gaming Revenue In March From Last Year

On April 16, the PA Gaming Control Board reported the closures of casinos in March from the Covid-19 virus led to a 51 percent drop in overall revenue for the month over last year. 
Revenue from gaming and fantasy sports contests during March 2020 was $153,481,368 compared to $316,279,316 in revenue generated in March 2019. 
Sources of gaming revenue regulated by the Board include slot machines, table games, internet gaming, retail and internet sports wagering, fantasy contests and video gaming terminals.
In releasing these new figures, the Board is noting that revenue for casino-type games offered online increased 24.5 percent during March when compared to the previous month of February 2020 when there was a full month of play at games offered at the now-shuttered casinos.
While games available through the internet continue to operate, land-based casino games including slot machines, table games and retail sports wagering along with Video Gaming Terminals (VGTs) ceased operating mid-month.
More complete information is available at the PA Gaming Control Board website.
[Posted: April 16, 2020]

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