Another Pennsylvania Gambling Revenue Record

The Gaming Control Board has posted reports showing yet another Pennsylvania gambling revenue milestone. The Board has shown figures that the combined total revenue in July 2021 generated from all forms of gaming regulated by the Board along with fantasy contests was $423,657,956. That represents the highest monthly revenue total to date for games regulated by the Board. Sources of gaming revenue regulated by the Pennsylvania Gaming Control Board include slot machines, table games, internet casino-type gaming (iGaming), sports wagering, fantasy contests and video gaming terminals (VGTs). The Board has posted separate reports for these types of gaming on its…

Pennsylvania Gambling Revenue Sets New Reocrd

The Gaming Control Board has reported record Pennsylvania gambling revenue of $3.875 billion for the combined Fiscal Year 2020/2021 which just ended on June 30th. The previous high for revenue in a state fiscal year was during 2018/2019 when revenue was slightly more than $3.3 billion. Since that time there has been significant growth in the nascent sports wagering and fantasy sports contests markets along with the establishment of both the iGaming and VGT markets. Those four markets combined constituted almost 33% of the total Pennsylvania gambling revenue achieved in Fiscal Year 2020/2021. The year over year increase of revenue…