A new and dynamic partnership has emerged in Pennsylvania’s online gaming scene, as High 5 Games and iGaming operator BetMGM join forces. This collaboration brings forth a significant enhancement for BetMGM players in the state, granting them access to a variety of captivating slot games developed by High 5 Games. With titles such as Platinum Goddess, Triple Double Da Vinci Diamonds, and Green Machine Deluxe now available, Pennsylvania’s iGaming landscape is set to offer an even more immersive and entertaining experience.
A Winning Partnership:
High 5 Games and BetMGM have solidified their collaboration by bringing High 5 Games’ popular slot titles to BetMGM’s platform. Players within the state of Pennsylvania can now enjoy an array of engaging slot games, enhancing their gaming adventure. High 5 Games’ CEO, Tony Singer, expressed excitement about expanding their relationship with BetMGM into Pennsylvania, highlighting the positive response their offerings have received from slot enthusiasts.
Pennsylvania: A Thriving iGaming Market:
The Pennsylvania Gaming Control Board (PGCB) awarded High 5 Games an Interactive Gaming Manufacturer Licence in July, enabling the company to provide its games to iGaming providers within the state. The iGaming industry in Pennsylvania has been flourishing, evidenced by the significant financial achievements in 2022. With a record-breaking combined revenue of $5.2 billion from various gaming segments including slot machines, table games, sports wagering, iGaming, video gaming terminals (VGTs), and fantasy contests, Pennsylvania’s gaming scene has shown remarkable growth.
Record-Setting Revenues:
The stellar performance of Pennsylvania’s gaming industry in 2022 is underscored by the fact that it outpaced the previous year’s record revenue of $4.7 billion, reaching a new high. The financial impact is not only beneficial for the industry but also for state and local governments, as total tax revenue amounted to a substantial $2.12 billion. December alone witnessed gaming revenue of $475 million, with online casinos contributing $134.6 million in revenue.
Sports Betting and Ongoing Success:
Pennsylvania’s thriving gaming ecosystem extends to sports betting as well. Despite a slight decline in the sports betting handle from November, December 2022 saw a total sports betting handle of $754.8 million, reflecting continued interest from enthusiasts. Adjusted taxable revenue from sports betting for the same month amounted to $54.6 million, further highlighting the sustainable growth of the sector.
The partnership between High 5 Games and BetMGM is not only a testament to the vibrancy of Pennsylvania’s iGaming market but also a commitment to delivering enhanced entertainment experiences to players. The integration of High 5 Games’ popular slot titles into BetMGM’s platform enriches the gaming landscape and provides players with even more reasons to engage with the iGaming offerings. As the state’s gaming industry continues to break records and showcase its economic significance, the partnership between High 5 Games and BetMGM stands as a beacon of innovation and growth within the evolving iGaming sector.