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Meanwhile, the state’s existing casinos can pay a million fee in order to secure a license to offer on-site or online sports betting.The discouraging figure was reportedly down from fiscal year 18/19 new record high of more than .The state’s first I-Gaming provider was up and running in July 2019 and by the end of the fiscal year, there were 10 online gambling providers in Pennsylvania....

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The Associated Press reports that in 2019, Pennsylvania ranked second in the nation, behind Nevada, for commercial casino revenue, according to figures from the American Gaming Association (AGA). The decline “primarily as a direct result of casino shutdowns and other factors related to Covid-19 restrictions,” according to state regulators.According to a Thursday report from the Pennsylvania Gaming Control Board (PGCB), revenue from regulated gambling in the Northeastern state decreased to ....

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And while last year it was 1st in tax revenue from casino gambling, the PGCB estimates the state’s take will dip from the last fiscal year’s . The company has been hit hard by the COVID-19 pandemic, with as many as 573 employment positions affected.1 billion....

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And while online sports betting retained its operational status, the cancellation of sporting events during the COVID-19 pandemic saw the vertical hobbled. However, as mentioned, online gambling and sports betting added a combined 3-plus million to the tally in the very first full year for both in Pennsylvania casinos.Initial inertia:Although Michigan legalized sportsbetting and online casino gambling late last year, PlayMichigan....