Pennsylvania sportsbooks posted a record sports betting handle in November.
According to figures from the Pennsylvania Gaming Control Board (PGCB), Pennsylvanians wagered $316.5m on sporting events in November, a new record for the Keystone State.
Online was the most popular way to bet in Pennsylvania and accounted for $266.7m of the state’s total betting handle last month. Land-based sportsbooks accounted for a mere $49.7m of the Keystone State’s handle.
In terms of revenue, operators in the state managed to generate $20.6m, a slight increase on the $19.1m generated in October.
Breaking down the figures
Valley Forge Casino, which is partnered with FanDuel Sportsbook, continued to dominate the Keystone State’s market in November. The licensee processed $153m in sports bets and managed to generate $5.8m in taxable revenue. Of the venue’s handle, $149.7m was wagered via online and mobile devices.
Rivers Philadelphia came in second place with bettors wagering a total of $41.3m with the operator holding onto $1.6m in taxable revenue. The majority of the operator’s handle came from online which accounted for $32.4m of the total betting handle. Rivers Pittsburgh came in third place after processing $39.5m in bets and generating $1.6m in revenue.
Parx Casino processed $30.5m in bets and managed to generate just over $2m making it the most profitable of Rush Street’s sports betting venues in Pennsylvania.
DraftKings, which entered the market in October through a partnership with Meadows Casino, managed to establish a stronger presence in Pennsylvania last month. According to the figures, the licensee processed $18.1m in sports bets and held onto $1.4m in taxable revenue.
Sports betting in Pennsylvania
There are currently 10 land-based and seven online sportsbooks operating in the Keystone State.
Mobile and online sports betting officially went live in Pennsylvania in May, when SugarHouse Casino launched its online betting platform, PlaySugarHouse. Currently, Pennsylvania bettors have access to a handful of online betting options, which include Unibet, DraftKings, FanDuel, SugarHouse, Rivers, Parx and Fox Bet.