The Pennsylvania Gaming Control Board has just unveiled their annual gaming revenue for 2022 and with that, the state has broken its record, showing that iGaming is here to stay. Over the course of 2022, Pennsylvania sportsbooks and online casinos handled $7.25 billion and $1.36 billion, smashing the previous record and totaling $8.61 billion. The sportsbook handle increased 10.7% year-over-year while online casinos blazed ahead, improving 22.6%. For the sportsbooks, FanDuel led the way with over 50% of Pennsylvania’s sports betting revenue totaling $209.9 million with year-over-year growth of 30.2%. DraftKings trailed with $76.2 million, Barstool Sportsbook with $21.6 million, BetRivers with $18.9 million, and BetPARX with $15.9 million. Pennsylvania finished of the year strong posting $754.8 million for sportsbook handle, $2.69 billion for online […]

The New Jersey Division of Gaming Enforcement has just released the latest monthly revenue report showing solid performance for the state. The combined gambling revenues for December totaled $454 million which brings the total 2022 revenue to $5.2 billion, matching the states record which was reached back in 2006. The December numbers show a 12.5% increase from the prior year and the yearly total was up 10% from the prior year. The report shows that around half of the total revenue came from in-person casino gambling and sports betting with Atlantic City finally surpassing their pre-Covid levels. In-person betting was responsible for $2.78 billion in winnings compared to $2.68 billion in 2019, but only the three of the nine casinos, Borgata, Ocean, and Resorts were […]

The idea of of casinos in Thailand is becoming more of a reality as their House of Representatives has just approved a report to establish casinos for tourists and the local public that could have a final decision with “two or three years”. After two and a half hours of debate, the House voted in favor of evaluating the potential that casinos would have on tourism and their economy. Despite the positives of the report, the committee did say they weren’t suggesting legalization of gambling but rather aiming for an in-depth analysis of the possibilities of a legal casino industry. If legalized casinos would be open to locals and tourists over 21 and locals would need to show evidence that they have had over THB฿500,000 […]