Pennsylvania’s Gaming Control Board reported $591.9 million in sports wagers for May, taking the state’s cumulative handle above $30 billion. The monthly total was 19.4% higher than a year earlier and 8.4% below April’s figure.
The figures track wagering activity and tax-generating revenue across Pennsylvania’s sports betting market.
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Michigan’s Gaming Control Board approved fixed-odds horse-racing wagers for the state’s regulated online betting market, according to the report. The option lets customers lock in odds when placing a bet; the board’s executive director said the change responds to bettor demand.
The Michigan Gaming Control Board has approved fixed-odds wagering on horse racing in the state's regulated online sports betting market, according to the report. The format lets customers lock in their odds when a bet is placed, instead of relying on a traditional pari-mutuel pool.
The Pennsylvania Gaming Control Board reported $555 million in gaming revenue for September, up 4.1% year over year. The state generated $242.6 million in gaming tax revenue, while iGaming revenue reached $249.3 million, a 6.8% increase. The board also reported $196.1 million in slot revenue, up 2.4%.
Pennsylvania’s Gaming Control Board reported an 18% increase in voluntary gambling self-exclusions in the past fiscal year. More than 30,000 people are now excluded from one or more forms of gambling, according to its annual report.
The Pennsylvania Gaming Control Board approved an agreement under which Stadium Casino RE LLC will contribute $2 million towards a road project near Philadelphia’s sports complex. The agreement was negotiated by the regulator’s Office of Enforcement Counsel and is part of the casino’s ongoing licence-renewal proceeding.
Michigan’s Gaming Control Board ordered eight named online casinos to stop accepting wagers from people in the state, saying they operate without authorisation. The board said it was working with the Michigan Department of Attorney General and warned that repeat offenders could face further legal action.