The PA Gaming Control Board slot machine revenue figures for April show a total take of $206,178,528, around $15 million less than March. But while it may seem like a big drop in comparison, the nine-figure chunk represents a .23% year-over-year gain.
The WSOP’s announcement that they’ll be featuring BB antes in many of their 2018 tournaments makes perfect sense. What’s harder to understand is why it doesn’t make the same sense to every single other poker player.
For The Stars Group, the torrid growth of global online sports betting coupled with the United States’ pending repeal of PASPA makes increasing its sports betting capabilities an undoubtedly smart move.
Some are concerned, after satellite casino auctions slowed significantly, that the Pennsylvania gambling expansion may not live up to expectations. But expectations will likely be met, at least, as other parts of the expansion roll out.
Sports betting detractors – mainly politicians and state-appointed officials who simply can’t see what’s in it for them – are continually missing the point when it comes to the relationship between sports, fans and gamblers.
Five of ten available mini casino licenses have been auctioned to PA's existing land-based casino owners, but it doesn't appear that the auctions, which have so far provided more than $128 million to the state, will continue.
Pennsylvania set a new revenue record in March, cracking the $300 million barrier for the first time in its 12-year history. Surprisingly, the record was set on the back of slot machine revenue, which had been mired in a long slump.
Land-based casinos in Pennsylvania can now officially submit their online gambling license applications, but will they do so immediately or hold out?
Sports leagues have realized $150 billion worth of bets could soon be legal, so they want their slice of the pie. There’s just one problem: they have no rights to any of the money – legal or otherwise.
Proponents of online gambling can rest easy knowing that the PA Gaming Control Board made a wise ruling on skins, despite the inclusion of some odd and potentially restrictive caveats.