Pennsylvania October Aggregated GGR Rise by 12.8%

Pennsylvania October Aggregated GGR Rise by 12.8%

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3. December 2020 | UPDATED ON: 4. December 2020
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Pennsylvania online gambling is one of the fastest-growing legalized gaming markets in the US. In the month of October, the state recorded an aggregated gross gaming revenue (GGR) of 12.8% on a year-on-year basis.

The coronavirus has no impact

The state’s growth in gaming revenue occurred despite the impact of coronavirus. Its aggregated GGR for the month was $320.21 million. The Pittsburgh Tribune-Review newspaper cited the Pennsylvania Gaming Control Board and suggested that the state’s 12 land-based casinos saw their revenues from slots and table games decline by 16.1% on a yearly basis. The revenue was $218.06 million for the month. Note that the casinos were allowed to reopen in June after a three-month shutdown.

Pennsylvania October Aggregated GGR Rise by 12.8%

The combined October GGR went up because of the state’s online casinos. The GGR revenue increased by 1,109% on a year-on-year basis to about $59.76 million. Land-based and remote sports betting also increased by 146% during the month and totaled #36.77 million. Fantasy sports declined by 2% to $3.19 million.

Rivers Casino and Meadows Racetrack make gains

Rivers Casino Pittsburgh reported a 38% rise in its sports betting revenue to $2.46 million. However, its land-based slot and table game revenue declined by 23.8%. The Lady Luck Casino Nemacolin also suffered a 32.4% decline in its land-based slot and table game revenue. The Meadows Racetrack and Casino marked a 3,732% increase in sports betting to $3.4 million. It also marked a 15.5% decline in other sectors. It finished the month with a 23.8% upside.

 

About Adam Green

Adam Green is an iGaming industry written that has been covering industry regulation and events for the past 11 years. He has written for a number of other publications including iGaming Insider, IGB Magazine and Gambling 911.