Pennsylvania gaming revenue up 14% for February; despite heavy month-on-month sports betting fall
Total gaming revenue in Pennsylvania for February increased 14% year-on-year, despite a significant month-on-month drop in the sports betting vertical.
Figures released by the Pennsylvania Gaming Control Board (PGCB) show gaming revenue – which includes slot machines, internet gaming, sports betting, fantasy contests and video gaming terminals – increased to $304m for February, a slight improvement of 0.5% from January.
However, sports betting revenue decreased 79% from January, to $4.7m, while total wagering handle from 12 retail and eight online platform, was down 5% to $329.8m from the previous month.
Online sports betting revenue amounted to $4.1m of the total figure.
A large chunk of the state’s monthly revenue came from online slot machines, totalling $199.7m, up 5% from 2019.
On Tuesday 16 March, the PGCB instructed the six remaining Pennsylvania casinos to close due to the coronavirus outbreak, as all gaming activity in the state has now come to a halt.
In January, Pennsylvania recorded revenue of $84.1m from sports wagering for 2019, during its first full year of legalized sports betting, which was launched in November 2018.
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