Pennsylvania’s sports betting market continues to grow as more operators join the party.
Just under $39m was wagered via online and mobile sportsbooks in July, double the $19.3m wagered online in June.
In terms of revenue, Pennsylvania sportsbooks generated $5.1m. However, after factoring in promotional credits, sportsbooks in the state actually generated $2.9m in revenue.
Looking closer at the figures
SugarHouse continued to lead state’s sports betting market in July. The Rush Street sportsbook took $26.5m in wagers and generated more than $1m in revenue after factoring in bonus credits. SugarHouse was the first sportsbook in Pennsylvania with a sports betting app and website which launched in May. The sportsbook took $22.1m in bets through online channels and generated $540,766 in revenue.
Rush Street’s second property, Rivers Casino, was the second-highest performing sportsbook in the state. Rivers took $14.3m in wagers with $9.9m being bet through online and mobile devices. After factoring in bonus credits, Rivers generated $133,634 in revenue. The sportsbook actually saw a loss of $250,941 on online devices.
Parx Casino placed third in July. The Greenwood Gaming venue took a total of $7.1m in bets and held onto $751,129. More than $3.6m of the sportsbooks’ bets were placed online generating $242,244 in online revenue.
Online is king in PA
In the second month of online wagering, it is becoming clear that online platforms are the most popular way to bet on sports in Pennsylvania.
In the first full month of online betting, $19.3m was wagered online and now, in the second month of online betting, $39m was wagered online.
The figures coming out of Pennsylvania mirror the figures posted in the early days of New Jersey’s sports betting market. In New Jersey, more than 80% of sports wagers are placed via online platforms.
With more online operators entering the state, and football season approaching, we are likely to see Pennsylvania’s online figures continue to grow in the coming months.
More sportsbooks entering the market
Now that Pennsylvania’s online market is in full swing, we can expect to see more online operators enter the market.
BettingUS recently caught up with FanDuel’s Chief Product Officer, Nik Bonaddio, to discuss the company’s Pennsylvania operations and what’s next for the company.
Presque Isles also launched its BetAmerica sportsbook, bringing the total number of land-based sportsbooks in the state to nine.
For an in-depth look at each state’s sports betting statistics visit the BettingUS stats page.