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Canada
Pennsylvania Sportsbooks Take In Just $46 Million In Bets While Online Casinos Surge
April’s handle $300 million short of what would have been expected, according to PlayPennsylvania
LAS VEGAS — Pennsylvania’s sportsbooks generated just a fraction of the bets that they would have expected during a normal April, while online casinos and poker rooms smashed their revenue record with $43.1 million. That divergent path—which includes an estimated loss of more than $300 million in sports bets, according to PlayPennsylvania estimates—will continue as long as most major sports and the state’s land-based casinos remain closed.
“The growth in online gambling as well as betting on non-traditional sports are industry bright spots,” said Dustin Gouker, lead analyst for PlayPennsylvania.com. “But there just isn’t any way for Pennsylvania operators to compensate for such a dramatic loss of revenue, including at retail sportsbooks and land-based casinos, which can’t generate a single dollar right now.”
During a month in which PlayPennsylvania.com would have estimated a handle of nearly $350 million, Pennsylvania sportsbooks generated just $46 million in wagers, according to official data released Monday. That is down from $131.3 million in March, though up slightly from $36.8 million in April 2019, before online sports betting launched.
Sportsbooks yielded $3.2 million in gross revenue, up from $8.6 million in March. The win resulted in $988,255 in state taxes.
Before the COVID-19 shutdowns, Pennsylvania’s sportsbooks had grown from a 2019 low handle of $31.5 million to a record of $348.4 million in January 2020.
“The momentum that brought records month after month for Pennsylvania’s sportsbooks has been reversed almost instantly,” said Valerie Cross, an analyst for PlayPennsylvania.com. “Until sports leagues figure out a way to reopen, these dreary results will continue.”
With retail sportsbooks shuttered in April—potentially losing out on some $35 million of in-person bets—online sportsbooks generated Pennsylvania’s entire handle. FanDuel Sportsbook at Valley Forge Casino led the market in April with $19 million in April wagers, down from $53.7 million in March. That yielded $1.3 million in taxable revenue, down from $2.8 million in March. FanDuel was followed by:
- DraftKings at The Meadows ($12.6 million handle, down from $28.6 million; $706,589 taxable revenue, down from $1.5 million)
- Rivers-Philadelphia ($5.9 million handle, down from $12 million; $309,551 revenue, down from $601,984)
- Fox Bet at Mount Airy ($3.7 million handle, down from $6.1 million; $229,469 revenue, up from $159,013)
- Rivers-Pittsburgh ($2.4 million handle, down from $8.2 million; $190,013 revenue, down from $535,860)
- Parx Casino ($2.2 million handle, down from $7.9 million; $193,662 revenue, down from $618,159)
- Unibet at Mohegan Sun Pocono ($92,521 handle, down from $1.2 million; $14,362 revenue, down from $19,750)
- Presque Isle Downs ($97,107 handle, down from $483,429; -$4,066 revenue, down from $23,905)
- Harrah’s ($28,155 handle, down from $139,790; -$557 revenue, up from -$18,075)
Limited to futures betting and action on nontraditional sports, Pennsylvania’s online sportsbooks are arguably faring better than might have been predicted. And sportsbooks could be getting some help from more mainstream sports soon, with auto racing restarting, golf planning on teeing off in the coming weeks, and Major League Baseball inching closer.
“A $46 million handle with such limited options in terms of sports is a surprise,” Gouker said. “April could potentially be the statistical low point, but there is so much that can happen that the immediate future is impossible to predict. That is a bit disconcerting for operators.”
Online casinos and poker boom
Online casinos and poker rooms brought good news for the industry, combining to generate a whopping $43.1 million in April revenue. That was up 77.4% from the record $24.3 million in March and 121% over February’s $19.5 million. As many of Pennsylvania’s gamblers stayed home and land-based casinos remained closed, casinos and poker revenue hit $1.4 million per day in the 30 days of April, up from $782,768 per day in March.
Online table games and slots generated $1.4 billion in wagers, up from $871.6 million, producing $37.8 million in revenue. Mount Airy/PokerStars—the Keystone State’s only online poker room—generated a record $5.3 million in revenue, beating March’s $3.1 million and edging New Jersey for the online poker revenue record for any state.
As welcome as the rise in online gambling revenue has been, it can’t nearly make up for the lost revenue from land-based casinos. The $23.6 million revenue difference between April and February, represents just 8.5% of the $277.8 million on slot machines and table games revenue generated by land-based casinos in April 2019.
“There will likely be long-term implications from this surge in online gambling interest. A behavioral shift that makes online gambling permanently more popular is likely to continue even after casinos reopen,” Cross said. “But the reality is that despite the gains made at online casinos, the closing of land-based casinos left a revenue hole that can’t be made up.”
Rivers-Philadelphia led the online casino market with $13.7 million in revenue on $477 million in wagers, up from $6.8 million in revenue on $293.2 million in wagers in March. FanDuel/Valley Forge Casino was second with $7.9 million in online revenue on $320.8 million in wagers, up from $5 million in revenue on $250.6 million in wagers in March.
In addition, the number of online casinos in Pennsylvania grew to 10 with the launch of Caesars in April and DraftKings in early May, expanding the FanDuel-DraftKings rivalry beyond sports betting.
“The competition between FanDuel and DraftKings has been a force for innovation in sports betting markets across the country, and we expect that will transfer well to their online gambling products,” Gouker said.
For more information on the revenue generated by Pennsylvania, visit www.playpennsylvania.com/revenue.
Canada
ROGA Launches National College Education Campaign
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The Responsible Online Gaming Association (ROGA) has launched the “Know Your Play” campaign in partnership with EPIC Global Solutions, Kindbridge Behavioral Health, and the Responsible Gambling Council (RGC). This is a major initiative designed to provide college-aged students with detailed content focused on responsible gaming, mental health and well-being, and financial literacy.
“College students are learning to navigate newfound financial independence and equipping this age group with resources to make informed decisions that can build good financial habits will serve them throughout their lives, whether they engage in gaming or not. While previous programs have focused on student-athletes, our campaign intends to educate the broader student population about responsible gaming concepts that can help this age group set realistic expectations and see gaming as a form of entertainment, not as a way of making money,” ROGA Executive Director Dr. Jennifer Shatley said.
The campaign utilizes digital learning tools, resources, and videos available to all college-aged students at knowyourplay.org, even if they are not enrolled in a university. These resources will educate students on key responsible gaming concepts, including randomness, impulsiveness, and limit setting, while addressing myths like the illusion of control in sports betting. It will also focus on the role stress and mental health play in overall student wellbeing and provide practical tips for management. Additionally, extended resources will be piloted with select universities.
“EPIC has vast expertise and experience in creating programs that resonate with college-aged audiences and are delighted to partner with ROGA on a campaign that will provide critical education to college students across the country. By combining expert knowledge with personal stories, our program aims to foster a well-rounded understanding of financial literacy, decision-making, and risk-taking,” Teresa Fiore, SVP of Partnerships at EPIC Global Solutions, said.
The campaign will begin rolling out at college campuses over the next several weeks with in-person learning sessions and workshops in tandem with digital delivery tools for greater accessibility and reach, ensuring that the program effectively engages students across diverse campuses and demographics.
“College life presents unique pressures, from financial independence to academic performance, all of which can impact mental health. By fostering decision-making skills that bridge these areas, we’re helping students build resilience, manage stress, and develop healthy habits that will serve them well beyond their college years,” Kindbridge Group CEO Daniel Umfleet, said.
“College students face an increased risk of harm from gambling, making prevention education essential in protecting this important audience. RGC has a long history of creating prevention programs for young adults, and we are proud to partner with ROGA on this crucial initiative. This campaign will equip students with the knowledge and skills needed to make informed decisions should they choose to gamble. By providing valuable information, digital tools, and resources, we are empowering young adults to approach gambling with a lower-risk mindset and reduce potential harm,” RGC CEO Sarah McCarthy said.
The post ROGA Launches National College Education Campaign appeared first on Gaming and Gambling Industry in the Americas.
Canada
Siyata Mobile Announces New Order from Leading Canadian Gaming and Entertainment Company
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Siyata Mobile Inc, a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems, announced a new order for SD7 handsets and related accessories for a new customer, a leading gaming and entertainment company located in Canada.
This order marks one of Siyata’s first entries into the gaming and casino industry, a sector with significant growth potential for the Company. The customer operates dozens of gaming, entertainment, and hospitality venues across Canada and will deploy the SD7 handsets for Push-to-Talk (PTT) communications among its security and maintenance teams.
“This new order is an exciting milestone for Siyata as we expand further into the gaming and casino market. There is a growing industry trend toward modern, cellular-based communication solutions. Casinos require reliable, cost-effective, and easy-to-use communication tools with exceptional audio clarity, and our SD7 handsets and accessories are an ideal fit for those demands. This casino is replacing traditional Land Mobile Radio (LMR) two-way radios with advanced PoC technology for its security and maintenance personnel. The SD7’s robust capabilities, including instant push-to-talk functionality and superior coverage, make it an attractive choice for businesses prioritizing security and operational efficiency,” Marc Seelenfreund, CEO of Siyata Mobile, said.
The post Siyata Mobile Announces New Order from Leading Canadian Gaming and Entertainment Company appeared first on Gaming and Gambling Industry in the Americas.
Canada
CasinoCanada Started a New Partnership With Ocean Spin by LaLa Stars
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CasinoCanada, the number one gambling guide for players in Canada, is thrilled to announce its new partnership with Ocean Spin a brand under the umbrella of LaLa Stars.
This collaboration marks an exciting step in CasinoCanada’s mission to provide its audience with the most comprehensive and up-to-date information on top gaming experiences.
The partnership agreement will grant LaLa Stars premium visibility across high-traffic sections of CasinoCanada’s website, which has been a trusted source for Canadian players for over 20 years.
LaLa Stars presents itself as an affiliate program that generates double-digit profits by making it easy and enjoyable to promote the brands. The program features a memorable design, a player-centric retention system, top-tier payment options, and game providers. Fast payments, flexible commission models, high-converting brands, powerful reporting, no middlemen, and outstanding conversion make LaLa Stars a popular choice. Additional company benefits are: a revenue share of up to 60%, a CPA of up to €500, hybrid CPA.
Ocean Spin Casino, a brand of LaLa Stars company, despite being quite new on the iGaming market, is a huge online gambling platform where all casino newcomers are greeted with a welcome bonus of 100% for up to €500, and 200 free spins plus one Bonus Crab. It comes as a first deposit bonus for a minimum deposit amount of €20. Sports-betting enthusiasts can also claim a welcome bonus of 100% for up to €100.
Ocean Spin Casino’s games include: gaming machines, roulette blackjack, betting, video poker, bingo, baccarat, jackpot games, and live games.
“We are excited to meet our new partner Ocean Spin Casino, and hope to bring maximum use and value to our community,” said Aleksandra Drigo, Sales Director at CasinoCanada. “This partnership perfectly reflects our dedication to highlighting the best in the gaming industry while offering our audience valuable insights and chances to experience top-notch gaming. We hope for a productive and long-term partnership!”
The partnership is now live, featuring LaLa Stars reviews and exclusive offers on the CasinoCanada website. This collaboration is set to deliver even more thrilling updates, exclusive content, and personalized promotions for the Canadian gambling community.
The post CasinoCanada Started a New Partnership With Ocean Spin by LaLa Stars appeared first on Gaming and Gambling Industry in the Americas.
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