Pennsylvania’s Online Gambling Market Continues To Grow
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The online gambling market in Pennsylvania hit the first milestones in January. The revenue of all iGaming channels and online operators went over 80 million dollars. Table games exceeded the 35 million dollar mark for the the 1st time in PA. Online slots broke the 50 milliondollar milestone. Land-based casinos had a 27% drop in revenue due to the coronavirus pandemic. The overall revenue from gaming in Pa improved by 2,7% in 2021 compared to 2020. There are ten license holders in the state. Seven of them saw an increase in revenues in Jan. whereas the other three saw a slight drop.
The biggest license holder in Pennsylvania is Valley Forge with an increase in revenue of over 32%. The second-largest licenseholder is Rivers with 14 million dollars. Penn National is the biggest in the state with over 27 million.
Pennsylvania’s Online Gambling Market Continues to Grow. If the online market continues to grow even after the land-based casinos are fully operational, the gaming market could turn out to be the most profitable one for the state of Pennsylvania.
