The online casino industry in Pennsylvania has seen a huge surge in revenue in April 2021. According to the Pennsylvania Gaming Control Board, the state’s online casinos generated a record $83.5 million in revenue in April, up from $64.9 million in March. This marks the highest monthly total since the state legalized online gambling in 2017.
The increase in revenue was driven by a surge in online slots play, which accounted for nearly three-quarters of the total revenue. Online table games, such as blackjack and roulette, also saw an increase in revenue, accounting for $19.8 million in April.
The surge in online casino revenue is a sign of the growing popularity of online gambling in Pennsylvania. The state has seen a steady increase in the number of people playing online since it legalized online gambling in 2017. This is due to the convenience and accessibility of online gambling, as well as the variety of games available.
The increase in revenue is also good news for the state’s economy. The money generated from online casinos is taxed at a rate of 16%, which helps to generate revenue for the state. This money can then be used to fund public services such as education and infrastructure.
Online casinos have become increasingly popular in Pennsylvania, and it looks like this trend will continue. With more people playing online, the state can expect to see even higher revenues in the coming months. This is great news for the state’s economy and will help to fund important public services.