Gambling in the USA

GAN’s Online Gambling Revenue in Pennsylvania Rises in February 2020

Published

5 years ago

April 1, 2020

Niji Narayan

GAN’s Online Gambling Revenue in Pennsylvania Rises in February 2020

Reading Time: < 1 minute

GAN plc has updated the market following the publication of Internet gaming and Internet sports betting financial information for the calendar month of February 2020 in Pennsylvania, by the Pennsylvania Gaming Control Board (PGCB).

Internet Gaming Win was $19.5 million in February, reflecting an increase of 39.6% from the prior sequential month. Total Internet Sports Wagering Handle was approximately $294.1 million in February, compared to $308.6 million in January. Internet Sports Wagering Gross Revenues (after payouts) for the month of February were $10.8 million, compared to$26.7 million in January.

Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.