Pennsylvania’s sportsbooks wagering drops in April
With land-based gaming options unavailable during the entire month of April, Pennsylvania operators saw a substantial increase in activity through online options, according to the PA Gaming Control Board.
April 2020 revenue for online casino-type games, which include slot, table games and poker, jumped 73 percent over the previous month of March 2020.
The biggest increase was within the slot segment in which revenue more than doubled, going from $12,969,655 in March to $27,324,955 in April.
Sportsbooks shuttered in April, potentially losing out on some $35 million of in-person bet, online sportsbooks generated Pennsylvania’s entire handle. FanDuel Sportsbook at Valley Forge Casino led with $19 million in April wagers, down from $53.7 million in March. That yielded $1.3 million in taxable revenue.
Closures of all Pennsylvania casinos and video gaming terminals in mid-March continued through all of April due to mandated restrictions to protect citizens from the COVID-19 virus.
Overall, gaming revenue was down 84 percent in April of this year compared to April of 2019.