Pennsylvania sports betting revenue slips to $4.7m in February

The Pennsylvania Gaming Control Board (PGCB) has reported a marginal rise in market revenue for February, despite a 79.4% month-on-month decline in the sports betting vertical.

Overall gambling revenue in the state – comprising land-based table games and slots, online casino, sports betting, fantasy sports and video gaming terminals – amounted to $304.3m (£263.5m/€280.3m) in February, up 0.5% from $304.2m in January and 13.8% from $267.6m in February 2019.

The small month-on-month increase was primarily down to growth within the state’s land-based market, with slot revenue rising 4.9% to $199.7m and table games revenue climbing 6.6%.

Focusing on sports wagering, revenue was down 79.4% on a month-on-month basis, with the $4.7m collected in February much lower than $22.8m in January, but 147.4% higher than February last year.

Read the full story on iGB North America.