Poker In Pennsylvania Raked $4.9m11/10/2016 index Comments Closed
In the month of August, the Poker Rooms in Pennsylvania State raked $4.0 million as per the figures stated by the Gaming Control Board of the state.
About 226 poker tables were present across states between 10 poker rooms. The state has brick and mortar casinos that were 12 in numbers and 2 of they do not have traditional poker games. The casinos altogether paid $691000 towards state taxes on the rake of 4.9 million. This rake remained unchanged starting from July and slightly down from $5 million raked in 2015. There was the inclusion of 2 tables in the state every year.
The poker market in the state of Pennsylvania has experienced good growth. This is mainly because the casinos accounted $58.4 million in the revenue of poker towards the end of fiscal year of 2015/16 in June. The figures were a bit high from $56.5million in rake accumulated in fiscal year 2014/15 for poker. The poker revenue in Pennsylvania in the month of August was relatively better in comparison with New Jersey as it raked $4.5 million. New Jersey had earned $2 million through online poker and the lawmakers of Pennsylvania are focusing on the legalization of online poker this year.
As per estimations done, the online casinos are likely to generate an extra $300 million in revenue every year towards casinos. The online poker in New Jersey has around 13 percent of the total online game revenue. The online casinos of New Jersey won $150 millions in 2015 from gamblers. It was in fact the 2nd complete year of the state with those games. The table game revenue of Pennsylvania for the month of August in 2016 was $67 million. It was a decreased by 3.7 percent when compared to $70 million earned in August 2015. Parx Casino located near Philly in Bensalem earned revenue of $1.5 million in a poker game. The casino had around 46 tables for poker in August.Top News Bluff, Championship, Dark, Nguyen, Poker, Scotty, WSOP