Valley Forge Casino Resort in Upper Merion reported a 57.7 percent increase in revenue over last year in July, writes Andrew Maykuth for The Philadelphia Inquirer.
The revenue for the casino that was acquired by Boyd Gaming of Nevada two years ago was $18,998,731 for last month, compared to $12,044,192 in July last year.
This increase was fueled by the casino’s successful entrance into the online gambling market through its association with FanDuel for online sports wagering and casino games.
And while casinos throughout the state have reported that revenues have returned to pre-pandemic levels, the numbers show that legal gambling has dramatically shifted from brick-and-mortar casinos to the internet in the COVID-19 era.
Still, with all of the casinos operating once again, the numbers seem to be shifting back to brick-and-mortar locations.
“While online casino activity approached an all-time high in July with $54 million in revenue, growth for that sector of gaming in Pennsylvania seems to be flattening after a big surge during lockdown,” said Max Bichsel, vice president of U.S. business for Gambling.com Group.
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