Rivers, Sugarhouse, Parx Lead Pennsylvania Sports Betting Action For May

• Just over $1 million was contributed to the state and city governments in May from legal sports betting in PA.
• Rivers Casino has led all Pennsylvania sportsbooks in betting handle for four straight months.
• Combined revenue from every PA sportsbook (since launch) is only $326,705 away from earning $20 million.

HARRISBURG, Pa. – Legal sports betting in Pennsylvania has continued to thrive despite May being one of the least-wagered months of the year.

According to the Pennsylvania Gaming Control Board’s sports wagering revenue update, the state is holding steady rather well.

Nearly $36 million was bet on sports for the month, slightly down from April’s betting handle of $36.8 million.

Over May, April, and March, Pennsylvania sportsbooks have taken in over $117 million, thanks in part to Rivers Casino, Sugarhouse Casino, and Parx Casino.

These three operators have drastically outperformed the other five licensed sportsbooks in the state, accounting for 63% (74.7 million) of that $117 million.

In May, Rivers Casino led all sportsbooks in betting handle for the fourth month in a row; however, this was the closest it has been since before this trend started.

Rivers was responsible for $7,924,510 in action while Sugarhouse Casino trailed its Pittsburgh counterpart by only $617. As for Parx Casino, they saw over $6.8 million in total wagers.

These three books have also been the leader in revenue since the year began, bringing in a combined $11.8 million, or 69%, of all eight legal PA sportsbooks’ revenue.

For May alone, every sportsbook combined to keep $2.86 million in revenue, before having to pay 34% ($973,030) to the state government and 2% ($57,237) to the cities where the sportsbooks are located.

This most recent contribution allowed for the total taxes to both state and city governments (since their November launch) to eclipse the $7 million mark.

Looking forward into June, the betting handle is expected to increase rather drastically, as the implementation of mobile betting in Pennsylvania has just begun.

Even without a drastic improvement, Pennsylvania sportsbooks are scheduled to surpass the $200 million betting handle mark as well as collecting over $20 million in revenue (both since launch).

An interesting tidbit of information: May was the first month in legal Pennsylvania sports betting history that no sportsbook kept more than 10% of their handle. This includes February’s numbers, which posted the lowest hold % on record.

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