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Pennsylvania sees betting and online casino soar

News

Pennsylvania saw more than $100m spent on both interactive gaming and sports betting during the first full month of operations.

A total of $111.8m was spent on interactive gaming in August, with $62.0m going on interactive slots and $49.7m on table games, according to figures from the Pennsyvlania Gaming Control Board.

The total wagered with the three operational online casinos was more than double the $49.2m in July, when online gaming was only available for the final 16 days of the month. Operators collected gross revenue of $3.43m in August.

In interactive gaming, SugarHouse led the way with $1.6m in revenue on $40.9 million wagered. Parx generated $1.1m in revenue on $53.1m wagers, and Penn National with $684,000 revenue from $17.8m in wagers.

Sports betting also passed $100m during the course of its first full month thanks to huge growth in online. More than three quarters of the $109.0m betting handle – $83.2m – was generated by the four online sports books. Total sports betting revenue, including retail, was at $9.9m.

FanDuel, operating from Valley Forge Casino, attracted $35.3m in online bets in August, yielding $2.9m in revenue and overtaking Rush Street’s SugarHouse Casino as the market leader. SugarHouse generated $25m in online bets, up only slightly on the $22.2m in July. That generated $1.7m in revenue for SugarHouse.

Rush Street’s Rivers attracted $16.9m in online handle and $1.0m in revenue, while Parx Casino, powered by technology partners GAN and Kambi, attracted $6.0m and $621,000 in revenue. From 5 September, The Stars Group and Fox Sports’ Fox Bet has become Pennsylvania’s fifth online sports book.