by Carter Floyd | Apr 17, 2020 10:13 am | Revenue
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...
by Carter Floyd | Feb 20, 2020 11:15 am | Sports Betting
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...
by Daniel Borjas | Dec 18, 2019 1:01 pm | Revenue
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...
by Michael Molter | Nov 24, 2019 9:12 am | Revenue
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...
by Michael Molter | Nov 17, 2019 3:26 pm | Sports Betting
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...
