PHILADELPHIA – Shane “Sugar Shane” Hennen pleaded guilty Wednesday to bribery and wire fraud charges tied to fixing NBA, college and Chinese basketball games. But one detail in the indictment hasn’t gotten much attention: where some of the money was bet. According to prosecutors, Hennen … Read more
Resorts World New York City won $135.2 million at live tables in its first 16 weeks, per state weekly reports. Wind Creek Bethlehem’s July table revenue fell 29.2 percent and Borgata’s fell 8.3 percent, a combined $8.7 million decline. Atlantic City’s total table win still … Read more
Pennsylvania sportsbooks handled $509,536,348 in July, 23.53% more than the $412,477,357 wagered in July 2025. Promotional credits of $12,944,517 cut the taxable base to $51,839,588 from the $64,784,104 the books actually won. The state collected $18,662,252 in sports wagering tax, made up of a 34% … Read more
Total gaming revenue reached $7,005,987,435 in fiscal 2025-26, up 9.6% from $6.39 billion a year earlier. iGaming revenue rose 18.4% to a record $2.93 billion, ahead of physical slot machines as the largest gaming category. Sports wagering revenue climbed 36% to $662.9 million, the fastest-growing … Read more
The commission’s lead recommendation would compel operators to surrender anonymized player-level wagering data for independent analysis. An in-game betting ban appears in the report as two hedged sentences under its lesser, more immediate measures. Pennsylvania booked a record $6.39 billion in gaming revenue in fiscal … Read more
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
Pennsylvania broke their monthly sports betting handle record for a second straight month in November. The Pennsylvania Gaming Control Board reported a record $934.1 million worth of total bets in November. FanDuel was the top online sportsbook by handle ($384.1 million) and revenue ($19.1 million). … Read more
The Pennsylvania Gaming Control Board released October’s sports wagering report, detailing a record high in monthly handle ($829 million) and the sixth highest tax contribution $17.3 million. While the revenue created from Pennsylvania sportsbooks hits the general fund, analyzing Pennsylvania’s expenditures show what sports betting … Read more
Pennsylvania’s September sports betting handle surpassed $726 million with the return of NFL betting. The state earned $66.1 million in revenue, a 12.2% increase from Sept. of 2022. FanDuel led all legal Pennsylvania sportsbooks with a Sept. handle of $256.39 million. PHILADELPHIA – The Pennsylvania … Read more
Over $141 billion have been bet on sports at regulated US sportsbooks since 2018 and over $10 billion in sports betting revenue has been reported by sportsbooks. States with regulated betting have now seen approximately $1.5 billion in tax revenue from local sportsbooks. There is … Read more
According to a recent report released by the Pennsylvania Gaming Control Board, Pennsylvania’s sportsbooks handled $714.96M in wagers for $48.51M in revenue. The $48.51 million in March sports betting revenue was more than double Pennsylvania’s figure from February when sportsbooks generated just $22.16 million in … Read more
Pennsylvania sports betting recorded a $597 million betting handle in February. Their February betting handle is down 24.8% from January. PHILADELPHIA – While Pennsylvania has been one of the hottest sports betting states in the country, they have seen a declining trend since the start … Read more