The Pennsylvania Gaming Control Board has announced the state's gaming revenues for April, coming in relatively flat after setting records in March.
Slots and table games at the 12 brick and mortar casinos totaled $277.8 million, down just about 1% from last year. Table games were up 3.7% to $77.4 million, but slots revenue was down 2.8% to $200.4 million. Sportsbetting revenues were down $1.3 million from March to $4.22 million. Sportsbetting handle was down 17% to $36.8 million.
The drop in sportsbetting comes largely as the NCAA Men's Basketball tournament came to an end, and there is largely just baseball in place for major American sports at the moment. It's likely that things will increase when the NFL and NCAA football seasons get underway. Still, it appears that the state could benefit from bringing online sports wagering to customers, which is something that neighboring New Jersey offers.
We're keeping our eyes on the Keystone State's gaming market and will keep you abreast as it continues to develop.
Comments
Yeah obviously some of the major sports leagues season ending lead to a flat and even negative revenues in the state, there's still quite a bit of time before the new NFL season gets underway though.