September
Online poker revenue: $2,
Online poker tax: $,

August
Online poker revenue: $2,
Online poker tax: $,

July
Online poker revenue: $2,
Online poker tax: $,

June
Online poker revenue: $3,
Online poker tax: $,

May
Online poker revenue: $4,
Online poker tax: $,

April
Online poker revenue: $5,
Online poker tax: $,

March
Online poker revenue: $3,
Online poker tax: $,

February
Online poker revenue: $1,
Online poker tax: $,

January
Online poker revenue: $2,
Online poker tax: $,

December
Online poker revenue: $2,
Online poker tax: $,

November
Online poker revenue: $1,
Online poker tax: $,

Total online poker tax revenue earned to date: $5,

Mini-casino auction profits

Total mini-casino auction profit to date: $,

VGT tax revenue

October $1,
September $1,
August $,
July $1,
June $,
May $0
April $0
March $,
February $,
January $,
December $,
November $,
October $,
August/September $,

Lottery expansion nears $45 million in revenue in first year-plus

PA Lottery was part of the gambling expansion bill as well. The Candy Cottage speelautomaat Review allowed for the introduction of three new elements of lottery offerings. Those are:

Keno rolled out May 1,followed by online lottery games on May 22, Xpress Sports, the virtual sports element, went live in August.

Based on numbers provided by the PA Lottery in its annual fiscal reports, profits from each of the following game types from launch through July were as follows:

Online lottery: $ million
Keno and virtuals: $ million

Draw tickets such as Mega Millions and Powerball are now available for purchase online through the iLottery too, as of January In May, the PA lottery reported that online sales had crossed $1 billion since launching less than two years prior. Exact revenue figures for the fiscal year are forthcoming.

Daily fantasy sports revenue

While daily fantasy sports (DFS) was not explicitly illegal in Pennsylvania, the gambling expansion regulated the industry. With that regulation comes taxation and licensing fees.

Ten fantasy sports operators needed to each pay a $50, licensing fee. Their revenue is taxed at a rate of 15 percent. Here is a look at each month’s tax revenue from DFS as well as the total amount of tax revenue to date:

• October $,
• September $,
• August $,
• July $,
• June $97,
• May $47,
• April $25,
• March $,
• February $,
• January $,
• December $,
• November $,
• October $,
• September $,
• August $,
• July $,
• June $,
• May $,
• April $,
• March $,
• February $,
• January $,
• December $,
• November $,
• October $,
• September $,
• August $,
• July $,
• June $,
• May $,

Lady Luck Nemacolin lone sports betting holdout

In August Pennsylvania finally got its first official sports betting applicant. Penn Nationalfiled its petition, breaking the weeks of inactivity that had many worrying that nobody would bite.

A total of 12 of the 13 eligible casinos submitted applications for the $10 million license. The lone holdout is Lady Luck Nemacolin.

There are currently 12 retail sportsbooks spread across the state (with Oaks now permanently closed), and double-digit online sports betting apps.

Interactive gaming petitions generate $94 million

The day window for PA casinos to apply for $10 million comprehensive interactive gaming petitions opened in mid-May, For the first 85 days, there was no news — a panic set in that there might be few or no applicants.

In the end, though, a majority of the 13 casinos ponied up the fee, which allows them to offer online peer-to-peer games like poker, online slots, and online table games. The seven casinos who filed for petitions and received approval are:

Once the all-in-one license application period ended, PA casinos could still purchase a la ca carte licenses for each of the three categories. Presque Isle Downs owner Churchill Downs spent $8 million applying for online poker and online slots. In an unusual move, Mohegan Sun Pocono paid a $2 million premium to apply for all three licenses for $12 million.

Rivers Pittsburgh surprisingly rescinded its interactive application. Rush Street Gaming owns both Rivers casinos (and the SugarHouse brand), Candy Cottage speelautomaat Review, so the Rivers Philadelphia license supports online casino products for both venues. That opens up three more licenses, bringing the total to

Stadium Casino rescinded its peer-to-peer application but retained its online slots and table games licenses so that it would pay $8 million in licensing fees.

Mohegan Sun Pocono informed PGCB that it would not seek to offer online poker either, so it too had to pay $8 million.

The Meadows and Lady Luck Nemacolin opted not to apply for any interactive gaming licenses. The Meadows is owned by Penn National, who already applied for a comprehensive license. Lady Luck Nemacolin is managed by Churchill Downs now, and defers to Presque Isle on the online gaming front.

Where does that leave these leftover licenses? The next step was to open up the applications to entities outside of Pennsylvania. The two applicants in that category were MGM Resorts and Golden Nugget Atlantic City. MGM is approved to offer casino, sports betting, and online poker – which will be under the partypoker brand. Golden Nugget only applied for online casino and sports betting.

Law generates $51 million for PA in a matter of hours

Pa Tax On Casino Winnings

Inthe state received two payments in the days immediately following the passage of the law. One was a $1 million payment from Valley Forge Casino to remove the amenity fee requirement on the Category 3 property. The other was a $50 million payment by Stadium Casino LLC for its Category 2 casino license. The group is in the process of building a casino in the Stadium Park area of Philadelphia.

In June ofthe Stadium Casino project paid the state an additional $24, for the right to offer table games at the property when it opens, bringing the total licensing brought in from the group to $ million.

Other sources of revenue from the law include:

On Oct. 31, Valley Forge also Candy Cottage speelautomaat Review advantage of another change in the law. For $ million, the resort casinos could up the number of slot machines on property. After a year of gaming revenue growth, the casino decided it was Sumo Slot Machine Review to expand.

Pa Tax On Gambling Winnings

After nearly a year and a half of the law being in effect, Lady Luck Nemacolin elected to pay the $1 million to eliminate its $10 Category 3 amenity fee, leaving the state with no more casinos charging for entry.

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