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 handle reached $560.3 million in total during the month of March. Betting on March Madness helped with the uptick in total wagers. Almost 92% of all sports bets in PA were placed online. PHILADELPHIA – Pennsylvania sports betting handle, along with betting … Read more
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
Pennsylvania handled $74.8 million in sports wagers and earned $4.8 million in revenue in May—both sizable increases. Pennsylvania casinos are beginning to reopen in June, which could help sports betting revenues increase even more. The odds the Pennsylvania sports betting industry takes months to fully … Read more
In April, Pennsylvania sports betting revenues reached their lowest point since May 2019. Pennsylvania’s betting handle and revenue were far lower than they’ve been in any single month since FanDuel launched its Pennsylvania sportsbook in July 2019. Relief won’t be possible until major sports leagues … Read more
Pennsylvania sports betting revenue increase from $4.7 million to $6.9 million from February to March. At the same time, handle decreased by over 60%, down to just $131.3 million. The financial future of sportsbooks across the country, including Pennsylvania, is in doubt as COVID-19 will … Read more
Pennsylvania became the latest state to post a record handle during the 2019-2020 NFL playoffs. Revenues increased even more drastically than the handle, thanks largely to the Eagles’ playoff loss. Record revenues also meant record tax collections for both the state and cities. HARRISBURG, Penn. … Read more
Online sports betting brought in almost 85 percent of the total handle. Sports handle and revenue has increased since mobile wagering was introduced. It has been a year since Pennsylvania sports betting began. HARRISBURG, Pa. – Sportsbooks in Pennsylvania had a combined betting handle of … Read more
Pennsylvania has now collected more than $10 million over the last two months from legal sports betting taxes. The “Big 4” continues to dominate the Pennsylvania sports betting market share, collecting 89% of all wagers. Over $241 million was bet on sports in Pennsylvania – … Read more
No state has collected as much sports betting state tax revenue as Pennsylvania since June of this year. Four sportsbooks in Pennsylvania are accounting for over four-fifths of the market share and revenue. Online sports betting is continuing to help Pennsylvania sports betting grow into … Read more
DraftKings has made its way to Pennsylvania with approval by the Pennsylvania Gaming Control Board (PGCB). The location of the sportsbook will be 25 miles south of Pittsburgh, at the Meadows Racetrack & Casino. DraftKings will perform a testing phase which is set to begin … Read more
Pennsylvania sports betting hit a record high for betting handle, revenue, and taxes during August. With mobile betting and the NFL season back, bettors have more opportunities to place wagers. FanDuel Sportsbook at Valley Forge Casino led all Pennsylvania books with over $37 million in … Read more
