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Post Date: April 16, 20,24, 8:42 h.
Updated on April 16, 2019, 09:03h
In a new study, the market for online gambling in Pennsylvania grew from 16% to 5%. This was the first time that the number of participants had increased in three years.
This report is a good example. Report on Online Gambling in Pennsylvania, 2023Penn State University is the source of this information. Pennsylvania Gaming Control Board provided the funding to complete the review.
Online gambling participation includes Slot machines online Interactive table games, sportsbooks online, and iLottery. Last year’s gross revenues from these online gambling products totaled over $2.1 billion, an increase of nearly 27%. The majority of online gambling revenue was generated by table and slot games. More than $1.7 Billion in revenue.
Report highlights state successes in online gaming while examining its potential negative effects on players and the society. The report concluded that while online gaming continues to provide a tax advantage to the Commonwealth, it is also causing concern that this financial benefit may be at the expense of individuals, families and communities.
Information about Data
Penn State Over 1,800 people from all over the Commonwealth were surveyed to determine their level of interest in and involvement with online and off-line gambling. The results showed that 21% of those who admitted to gambling online in any form had problems controlling their behavior.
Reports cited the difficulty of sticking to budgets and limiting online gaming.
Last year, calls to 1-800-GAMBLER that specifically mention online gambling grew by 34%. Calls specifically mentioning Online Gambling will only represent 2% in 2020. Call the helpline The volume of the call.
Latika Davies-Jones, DDAP secretary said that being aware of current trends will assist DDAP to better assess the impact gambling behavior has on compulsive or problem gambling in Pennsylvania. This will allow us to make people aware of treatment options and other resources available for those who need them, including the 1-800-GAMBLER Helpline.
The average monthly loss for players exclusively gambling online was $617. Players only gambling in-person experienced monthly losses of just $103. The average monthly losses for dual-mode players, those who gamble both in person and online, were $708.
Retail players are twice as likely to gamble online than they are. The study also found that many online gamblers don’t make a lot of money. Nearly 40% of online-only players had an income below $50k per year.
Legacy Play – iGaming Poaching
Penn State’s study concluded that iGaming was presumably a growing industry. Taking business from existing outlets — brick-and-mortar casinos and lottery retailers. Online gambling participation increased by 5% in the past year. However, offline gambling declined at the same rate from 67.5% down to 62.5%.
The Interactive Gaming Assessment said since problematic gaming behaviors are most escalating among online players, the industry and regulators should increase their messaging about responsible play and available resources where those consumers are spending most of their time — online.
“Since the evidence indicates that problematic gambling behaviors are seemingly highest among those who gamble online — whether exclusively or also offline — and among younger individuals, the researchers recommend that information regarding responsible gambling, prevention, or treatment availability should be provided through multiple digital media formats such as social media and streaming services,” the study concluded.
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