Over $16.1m wagered in Pennsylvania’s first full month of legal sports betting

In December, the first full month of legal sports betting in Pennsylvania, more than $16.1m was wagered on sports.

The Pennsylvania Gaming Control Board’s (PGCB) figures show that sportsbooks in the state held onto just over $2m.

Breaking down December’s revenue, Rivers Casino took the most bets with a handle $5.5m and revenue of over $1m.

SugarHouse Casino followed close behind with a sports betting handle of $5.3m and a revenue of $641,167.

The Hollywood Casino at Penn National Racecourse accepted $5m in bets and generated a revenue of $299,222.

In terms of taxation, the state saw $722,356 in tax revenue from sports betting operations in December.

Earlier this month Parx Casino in Bensalem near Philadelphia launched sports betting operations in partnership with Kambi. These figures will be reflected in the PGCB’s January sports betting figures.

Legal sports betting in Pennsylvania went live halfway through November at the Hollywood Casino at Penn National Race Course.

In its first two weeks of operation, the sportsbook at Hollywood Casino took over $1.4m in bets and reported a revenue of $508,996.

Looking at other states, New Jersey’s sports betting handle exceeded $1bn in 2018, while Delaware ended the year with a strong handle of $89.9m across its three sportsbooks.

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