Pennsylvania Seeks To Tax Prediction Markets With New Bill

Pennsylvania Seeks To Tax Prediction Markets With New Bill

HARRISBURG, Penn. – Another state has joined in the fight to regulate prediction markets, as Pennsylvania lawmakers aim to pass new legislation taking aim at the controversial platforms. House Bill 2497 is a proposed act to amend Title 4 of the Pennsylvania Consolidated Statutes. It … Read more

PA Sportsbooks Report $578.8 Million In Bets For September

Pennsylvania

Sports betting activity is up 68% month-over-month in September in Pennsylvania. Sportsbooks reported $578.8 million in bets, the second-highest betting handle since the industry launched. Online betting dominated the market with 91% of all bets coming from mobile sportsbooks. HARRISBURG, Pa. – Sportsbooks in Pennsylvania … Read more

PA Sports Betting Handle Passes $5 Billion For FY 2020/2021

Pennsylvania Sports Betting

More than $447.4 million was wagered on sports in Pennsylvania in June. Sportsbooks saw over $42.4 million in revenue. Pennsylvania saw more than $5.5 billion in sports betting handle for fiscal year 2020/2021. HARRISBURG, Pa. – Sports betting fans in Pennsylvania have been active in … Read more

Pennsylvania, Like Others, Sees Decline In Sports Betting Handle In April

Pennsylvania Sportsbook

Pennsylvania sportsbooks saw a 14.4% decline in activity in April. This comes as the college basketball betting season ended. Sportsbooks are expected to see an increase in May thanks to NBA betting. HARRISBURG, Pa. – Sports betting fans in Pennsylvania had less to wager on … Read more

Pennsylvania Sees Record-Breaking Sports Betting In January

Mohegan Sun Sportsbook

Sports betting fans in Pennsylvania managed to start the New Year with record-breaking numbers in wagers. The Keystone State saw more than $615.3 million wagered on sports in January. The state collected $11.5 million in taxes. HARRISBURG, Penn. – Those betting on sports in Pennsylvania … Read more

PA Sports Betting Revenue Rises In November Despite Lower Handle

Pennsylvania Sports Betting App

Pennsylvania sports betting handle hits $491.9 million in November, down 6.4% month-over-month. Revenue increased by 9.9% from October to November to $48.5 million. The NFL schedule played a factor in the lower betting activity in November. HARRISBURG, Pa. – Pennsylvania sports bettors wagered less on … Read more

Pennsylvania Sports Betting Handle Has Record-Breaking October

Parx Pennsylvania Sportsbook

The sports betting market in Pennsylvania saw the third consecutive record-breaking month in October. The Pennsylvania sports betting handle surpassed $500 million. Online sports betting took in over $470 million. HARRISBURG, Pa. – The sports betting revenue report for October in Pennsylvania has been released … Read more

Bookie Brief: Trump’s Lawsuits, Election Odds 11/10/2020

Trump Legal Team

Joe Biden is favored at -1000 to be declared the Pennsylvania winner. Donald Trump has sued Pennsylvania for potential voter fraud. Kelly Loeffler is the -300 favorite to win the Senate Election in Georgia HARRISBURG, Penn. – Although Joe Biden has been declared the 46th … Read more

Barstool Sportsbook Dominates In Pennsylvania: Signs For The Future?

Barstool Sportsbook

Barstool Sportsbook launched in Pennsylvania in September and already managed to take a notable cut of the market. The Barstool Sportsbook managed to take 7.2% of the total online betting handle in the state. FanDuel lost most of its market share to Barstool. HARRISBURG, Penn. … Read more

Big Success In July For PA Sports Betting Revenue According to GCB

Pennsylvania Sportsbook

With the return of major sporting events, Pennsylvania saw a massive spike in sports betting revenue in July. The most wagered on event was UFC 251. HARRISBURG, P.A. – The Pennsylvania Gaming Control Board (GCB) has released the official numbers, showing Pennsylvania had a huge … Read more