Pennsylvania May Internet Games Revenue Over $ 100 Million
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According to the Pennsylvania Gaming Control Board, revenue from online casino games in Pennsylvania exceeded $ 100 million a month for the first time since the state launched internet games in July 2019.
The Board of Directors reported that online casino game revenues were a record $ 101,251,771 in May, compared to $ 55,838,787 in May 2020. Total revenue exceeded the March record of $ 97.2 million.
Doug Herbach, a spokesman for the Pennsylvania Gaming Control Board, said: “Growth should continue as more people are exposed to iGaming and understand the benefits of participating in regulated markets.”
Mount Airy Casino Resort in Monroe County generated $ 6,312,909 in internet gaming revenue, and Planes Twp’s Mohegan San Pocono. According to figures released Thursday, it brought $ 1,948,354 in May.
Overall, the Pennsylvania Gambling Commission reported that total revenue from all forms of gambling, along with fantasy contests, reached $ 413,182,161.
Mount Airy’s total revenue in May was $ 24,370,700, and Mohegan San Pocono’s total revenue was $ 20,574,170.
As a result of the COVID-19 restrictions, all casinos were closed in May 2020, resulting in no revenue from slot machines, table games or retail sportsbooks.
The video game terminal was also not in operation in May 2020. Currently, there are video gaming terminals operating in two Onvo Travel Plazas in Wayne County, Onvo Travel Plazas in Susquehanna County, and 44 other locations in Pennsylvania, but not in Luzerne County or Lackawanna County. ..
According to Habach, 47 video game consoles are in operation, and there are 30 applications that are awaiting final approval or that are licensed but not yet in operation.
Pennsylvania’s online and retail sportsbook bets fell slightly in May, but state stakes exceeded $ 5 billion between fiscal years 2020 and 2021.
Dustin Gouker, PlayUsa.com Network including PlayPennsylvania.comSaid that the seasonal slowdown would continue to be a factor until people could bet on Eagles, Steelers and Penn State University football games.
“The state’s gaming industry is in relatively good shape as online casinos continue to grow in popularity as retail casino customers return,” Gouker said.
Pennsylvania May Internet Games Revenue Over $ 100 Million | Business
