Pa Sports Betting Revenue
The pennsylvania gaming control board reported that $17.5 was wagered since governor tom wolf signed the sports betting bill into law.
Pa sports betting revenue. The site’s revenue expanded from $2.2 million in august to $5.1 million in september. Much like its sister site, sugarhouse sportsbook, betrivers is one of the more popular mobile sports betting platforms in the state.
That equates to about 1.5 percent of it coming via mobile, but once again, it was just 3 days of online/mobile access. Valley forge casino resort and its fanduel sportsbook ranked second with $7.3m in revenue, but a higher handle of $209.2m, while the meadows casino placed third with $5.4m in revenue off a handle of $131.5m.
One month into 2021, the keystone state continued to. Last month, sports betting revenue has decreased across the country.
The first regulated bet was taken at the sportsbook at hollywood casino. Pennsylvania sports betting handle took a step last month, falling from a record $615 million in january to $510 million in february.
That marked a 17% decline in monthly handle, but the dip was somewhat unexpected. It was broadly in line with seasonal trends around the us as february marked the first month without football since august.
So far, the state has mostly relied on retail sportsbooks, but sportsbook apps started going live in may 2019, and should dramatically increase both handle and revenue. The pa sports betting industry is blossoming into maturity, with handle for november 2020 over $490 million (again) and record revenue of $37.4 million.
Revenue before promotions also grew, by 8.7%. Pa sports betting numbers for september 2019.
Fanduel sportsbook online handle was $85,128,312. Naturally, with casinos closed more than half of the month, retail sports betting in pennsylvania took a nosedive, dropping from $6.1 million revenue in november to $1.1 million in december.
Big disparity online/mobile from #1 to #4. Pa online sports betting revenue.
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