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Following shutdowns due to the pandemic, the US’s number two gambling state, Pennsylvania, has been slammed, with casino revenue plummeting 18 percent.The Associated Press reports that in 2019, Pennsylvania ranked second in the nation, behind Nevada, for commercial casino revenue, according to figures from the American Gaming Association (AGA). The decline “primarily as a direct result of casino shutdowns and other factors related to Covid-19 restrictions,” according to state regulators....
Following shutdowns due to the pandemic, the US’s number two gambling state, Pennsylvania, has been slammed, with casino revenue plummeting 18 percent.”This week, Buzz Bingo announced its plan to close bingo halls in the United Kingdom....
And while last year it was 1st in tax revenue from casino gambling, the PGCB estimates the state’s take will dip from the last fiscal year’s .According to a Thursday report from the Pennsylvania Gaming Control Board (PGCB), revenue from regulated gambling in the Northeastern state decreased to .’Reportedly read a statement from Winters…“Players in Michigan will be able to appreciate our award-winning product offering and exceptional customer service from a nationally-recognized and trusted brand....
However, as mentioned, online gambling and sports betting added a combined 3-plus million to the tally in the very first full year for both in Pennsylvania casinos. And while online sports betting retained its operational status, the cancellation of sporting events during the COVID-19 pandemic saw the vertical hobbled.iGaming enterprise may be able to go live from as soon as the end of October offering punters a variety of online casino and sportsbetting entertainment....
Meanwhile, the state’s existing casinos can pay a million fee in order to secure a license to offer on-site or online sports betting. And while online sports betting retained its operational status, the cancellation of sporting events during the COVID-19 pandemic saw the vertical hobbled. The venue will use a company voluntary arrangement to start a rescue restructure to be able to leave the unwanted properties and stop paying rent....
