SiGMA Play has announced its latest licence acquisition. The B2C affiliate portal has been approved as a Gaming Service Provider in Pennsylvania by the Pennsylvania Gaming Control Board (PGCB) and is now authorised to provide services in that state.
SiGMA already holds several licences across the US, including the states of New Jersey, Michigan, and West Virginia, and plans to obtain all pending licences over the coming weeks.
Commenting on the acquisition, Mex Emini, MD of SiGMA Play, said, “The acquisition marks another step forward towards building a robust presence in the North American market. As the go-to destination for everything iGaming we are committed to delivering an unparalleled gaming experience for Pennsylvania’s players. We look forward to announcing new licences over the coming weeks.”
The Pennsylvania Gaming Control Board (PGCB) sees revenue increase of 9% in July
The total gambling revenue for 2022-23 reached $5.51bn – an all-time high for the state, beating the previous record of $5.04bn set in 2021-22 by 10.0%.
The combined total gaming revenue, including fantasy contests, for July 2023 amounted to $467,043,707. This figure reflects an 8.85% increase compared to the revenue generated in July 2022.
In a message included alongside their 2021-2022 annual report, Executive Director Kevin O’Toole wrote, “The continued growth in the Pennsylvania gaming sector also propelled tax revenue to new heights breaking the $2 billion barrier for the first time. This was especially noteworthy after gaming operators struggled during the Covid crisis. The industry indeed has emerged from that period as strong as ever.”
PGCB regulates various sources of gaming revenue, such as slot machines, table games, internet gaming, sports wagering, fantasy contests, and video gaming terminals (VGTs). Pennsylvania was the fourth state in the US to legalise online casino games and online poker, and is home to 18 online casinos, including FanDuel Casino, DraftKings Casino, BetMGM, Unibet, Borgata, and Caesars Casino. The state also boasts14 land-based casinos and 12 online sportsbooks.
