The gambling market in Pennsylvania has continued to recover, and August showed the most significant recovery yet, thanks to an outstanding performance by digital operators.
Numbers posted this past Wednesday by the state’s Gaming Control Board (PGCB) indicate that gaming revenue across the country of $310.7 million this August, a 5.9 percent raise over the same period last year.
Gaming for individual vertical revenues indicates ongoing capacity limits on casino floors. Retail slot revenue dropped 19 percent to $167 million, while table games dropped 14.5 percent to just $65.1 million.
August of last year was the first time the state’s regulated casino market, and plenty has changed. Revenue as of August of this year hit $39.6 million, over the $2.5 million that the sector recorded last year.
Valley Forge and FanDuel claimed the betting crown as the garnered $149.2 million in total with Meadows Casino-DraftKings collaboration taking second place with a meager $88.2 million. BetRivers of Rush Street Gaming and SugarHouse brand came in third with about $57.4 million.
This week also saw the launch of the much-awaited Penn National Gaming Barstool Sportsbook application. This September should indicate whether the PNG decision to buy a 36 percent stake in Barstool sports is worth the effort.