Pennsylvania sportsbooks top $1 billion mark in their first year

Figures released Tuesday by the Pennsylvania Gaming Control Board shows total gaming and fantasy contests revenue generated during November was 13% up year-over-year to more than $292 million ($292,090,342). Sports betting brought in more than one billion dollars ($1,165,194,398) in wagers since it launched in November 2018.

Sources of gaming revenue regulated by the Board include slot machines, table games, internet gaming, retail and internet sports wagering, fantasy contests and video gaming terminals.

Just this month, sports betting brought in $316,468,294 statewide; a 31 percent increase from October’s $241.2 million. That included more than $14.3 million wagered at Mount Airy Casino Resort in Monroe County and more than $4.3 million at Mohegan Sun Pocono in Plains Twp, The Citizens’ Voice reports.

All bets generated $20.6 million in revenue and $3.9 million in state taxes. Total revenue at Mount Airy was up more than 31.6% in November to nearly $18.9 million from more than $14.3 million last November. Total revenue at Mohegan Sun Pocono was up more than 11.5% to more than $19 million from more than $17 million last November.

Casino games offered online generated gross revenue of $9,655,811 during November. That figure is 95% higher than the previous month of October 2019 when revenue was $4,942,934.