Pennsylvania’s sports betting market is growing.
According to figures from the Pennsylvania Gaming Control Board (PGCB) more than $194.5m was wagered on sports in September, up from $109m in August.
In terms of revenue, sportsbooks in the Keystone State managed to generate more than $19.3m in revenue, a massive increase on the $9.9m generated last month.
Breaking down the figures
Valley Forge Casino was the highest performing operator in September after processing $88.5m in wagers and holding on to $7.5m. More than $7.1m of Valley Forge’s sports betting revenue came from its online partner FanDuel Sportsbook.
The sportsbook at SugarHouse Casino came in second place last month after generating $3.6m in revenue from $37.7m in sports wagers.
Parx Casino was the next highest performing venue after bettors wagered more than $21m on sporting events, generating $2.9m in revenue.
Rivers Casino was the only other sportsbook to generate more than $1m in revenue in September. The sportsbook processed more than $30.8m in sports bets and managed to hold onto $2.9m.
Online continues to dominate in Pennsylvania
While sports betting went live in Pennsylvania last year, online and mobile betting only arrived earlier this summer. Since its launch, Pennsylvania’s betting market has seen tremendous growth and shows no signs of slowing down.
In September, online wagering accounted for $158.2m of the $194.5m that was wagered. Online was also the primary source of income for sportsbooks and accounted for $13.7m of the state’s sports betting revenue in September.
In New Jersey, more than 80% of sports wagers are placed online. If Pennsylvania continues to grow at this rate, it could eventually overtake New Jersey, the largest market for online gambling in the US.
For an in-depth look at each state’s sports betting statistics visit the BettingUS stats page.
