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Pennsylvania Gaming Control Board Reports March Sports Wagering Revenue

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Pennsylvania Gaming Control Board Reports March Sports Wagering RevenueReading Time: 2 minutes

 

The Pennsylvania Gaming Control Board today posted on its web site March’s Sports Wagering Report.

The report encompasses the full month returns from:

  • Hollywood Casino at Penn National Race Course
  • SugarHouse Casino
  • Rivers Casino
  • Parx Casino
  • South Philadelphia Race and Sportsbook
  • Harrah’s Philadelphia

Additionally, it also contains partial month returns from:

  • Valley Forge Casino Resort (opened March 13)
  • Valley Forge Race and Sportsbook (opened March 14)

The monthly report provides a breakdown of the total handle collected, gross revenue, and taxes paid to the Commonwealth.

Casino

Handle

Revenue

Tax

Rivers Casino

$11,901,967

$1,344,398

$483,983

SugarHouse Casino

$9,223,827

$1,237,301

$445,428

Parx Casino

$7,965,932

$984,339

$354,362

Hollywood Casino at Penn National Race Course

$5,337,483

$521,864

$187,871

Harrah’s Philadelphia

$3,794,014

$326,752

$117,631

South Philadelphia Race and Sportsbook

$3,550,264

$534,253

$192,331

Valley Forge Casino Resort

$2,047,998

$449,597

$161,855

Valley Forge Race and Sportsbook

$706,089

$120,836

$43,501

Statewide Total

$44,527,574

$5,519,340

$1,986,962

Tax revenue generated:

  • State Tax (34% of adjusted gross revenue): $1,876,576
  • Local Share Assessment (2% of adjusted gross revenue): $110,386

 

About the Pennsylvania Gaming Control Board:

The Pennsylvania Gaming Control Board is tasked to oversee all aspects of the state’s casino industry, including sports wagering offered currently at eight locations. The oversight also includes other new gaming initiatives, expected to be launched in the coming months, which were created through Act 42 of 2017, an amendment to the Race Horse Development and Gaming Act.

The Commonwealth’s casino industry currently consists of 10 stand-alone and racetrack casinos in operation, along with the two smaller resort casinos.  These facilities collectively employ over 16,000 people and annually generate approximately $1.4 billion in tax revenue from slot machine and table games play. The largest portion of that money is used for property tax reduction to Pennsylvania homeowners.

Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at gamingcontrolboard.pa.gov. You can also follow the agency on Twitter by choosing @PAGamingControl.

SOURCE Pennsylvania Gaming Control Board


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Pennsylvania Gaming Control Board Reports March Sports Wagering Revenue

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Google Relaxes Gambling Advertising Policies in Five US States

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Google has updated its gambling and games policy. The updated policy authorises advertising of sports betting services in Pennsylvania, Rhode Island, Montana, Iowa and Indiana.

These five states join Nevada, New Jersey and West Virginia who all permit sports betting via Google’s “limited beta” programme launched in June as part of the company’s efforts to keep pace with the rapid spread of legal sports betting services.

Under the Google policy, operators applying for the programme will be obliged to provide a copy of their license in each of the states it wishes to advertise in. The limited beta programme will permit operators to promote their services via Google Display Network, Google Ads, AdMob and YouTube but would be restricted in promoting online sports betting services through Google Ad Manager.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Google Relaxes Gambling Advertising Policies in Five US States

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Synergy Blue Games Make Las Vegas Debut at Palms and Red Rock Casinos

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Synergy Blue Games Make Las Vegas Debut at Palms and Red Rock CasinosReading Time: 1 minute

 

Synergy Blue has announced that its arcade-style, skill-influenced games have been officially approved for statewide rollout in Nevada. The games will go through field trial phases at two Station Casinos properties, Palms and Red Rock Casinos. The trial will debut a variety of Synergy Blue games to the Las Vegas market via an initial placement of real-money, arcade gambling machines.

“We’re very excited to introduce our games to the Las Vegas market and to be working with Station Casinos. This agreement marks a key milestone for our company and the Las Vegas market, as we work together to progress the industry with engaging new experiences,” Georg Washington, CEO of Synergy Blue said.

“Synergy Blue’s HAWG platform and gambling solutions are incredibly unique, both in the flexibility they offer our operators and the variety of arcade-style game play they offer to guests. We see huge potential in skill-influenced games and we’re proud to have Palms and Red Rock Casinos offer Synergy Blue’s products to the Las Vegas public,” Roger Pettersson, VP of Corporate Slots at Station Casino said.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Synergy Blue Games Make Las Vegas Debut at Palms and Red Rock Casinos

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BetWarrior launches leading mobile sports betting product

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BetWarrior launches leading mobile sports betting productReading Time: 1 minute

 

Disruptive mobile gaming brand and platform BetWarrior has added a best-in-class sports betting product as it enters the next stage of its growth.

The fully-native BetWarrior app, which first launched in the summer, is now live with a customised Kambi-provided sportsbook in selected markets across Latin America.

Via an advanced suite of APIs, BetWarior has integrated the Kambi sportsbook into its Omega Core platform while leveraging its own AI and machine-learning tools to create a game-changing personalised mobile betting experience.

BetWarrior has spent the past weeks onboarding early users to road test the product; with sports betting now live, it will scale marketing as it targets regulated markets in Latin America and Europe.

Morten Tonnesen, co-founder and CEO of BetWarrior, said: “This is a major landmark in the development of BetWarrior, and we can now offer our users a complete mobile betting and gaming experience that stands apart from everything else out there.

“We set up BetWarrior with the intention of radically transforming the way people experience sports betting, and in partnership with Kambi, we have created a personalised mobile sportsbook like none other. We are hugely excited to watch the first players enjoying the action.”

BetWarrior has also recently been expanding its casino offering, adding content from the likes of MGA Games and Microgaming.

 


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: BetWarrior launches leading mobile sports betting product

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