Pennsylvania sports betting handle soars in October

Pennsylvania’s sports betting market displayed strong performance in October.

According to figures from the Pennsylvania Gaming Control Board (PGCB), sportsbooks in the Keystone State handled $241.2m in sports bets in October, up from the $194.5m wagered in September.

Sportsbooks in Pennsylvania generated a combined revenue of $19.1m, slightly down from the $19.3m generated the month prior. Online betting accounted for more than $14.4m of the state’s sports betting revenue in October.

Bettors wagered more than $198.6m at online sportsbooks which is equal to 82% of the state’s sports betting handle. These figures mirror New Jersey’s sports betting market where online betting accounted for more than 82% of the state’s handle in October.

Breaking down the figures

Valley Forge Casino, which is partnered with FanDuel Sportsbook, continued to lead the Pennsylvania market in October. Total sports betting handle for the venue hit $118m, with FanDuel’s online sports betting platform accounting for $113.9m of Valley Forge’s total handle. The operator generated a total of $8.2m in revenue, more than $8m of this came from FanDuel’s online sportsbook.

Rivers Casino Philadelphia, formerly SugarHouse Casino, came in second place after generating $3.2m in revenue from $37.2m in wagers. Online betting accounted for $30m of the venue’s total handle and $2.4m of the operator’s betting revenue.

Parx Casino was the next best performing venue in the state, handling $25.9m in sports wagers and generating $2.7m in betting revenue. Once again, online betting made up the bulk of these figures, with the venue generating $1.7m in online revenue after bettors wagered $18.4m via Parx’s online sportsbook.

The only other operator in the state to generate more than $1m in sports betting revenue was Rivers Casino Pittsburgh, which handled $34.2m in bets and held onto $2.3m.

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 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.

For an in-depth look at each state’s sports betting statistics visit the BettingUS stats page.

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