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Operators in Pennsylvania handled a record $59.3m on sports bets in July as the online sportsbook handle doubled to $39m and overtook retail figures for the first time.
Figures published by the state’s Gaming Control Board show that online and retail sportsbooks combined to generate $59.3m in bets in July, ahead of June’s record $46.3m. Combined, online and retail Pennsylvania sportsbooks took in $5.1m in revenue from betting – which declined to $2.9m after promotional credits (bonuses) – and paid $969,727 in taxes.
“Simply put, increased online accessibility drives traffic. Pennsylvania could have as many as six online sportsbooks operating by the beginning of the football season, and some apps have worked out their Apple issues and are now in the App Store. Add in the natural boost that comes from football season, and Pennsylvania’s sportsbooks are about to take a giant leap forward,” explained Jessica Welman, sports betting analyst for PlayPennsylvania.com.
Only three online sportsbooks were operating for the full month of July, while heavyweight FanDuel Sportsbook at Valley Forge Casino launched its online product on July 22.
Rush Street’s SugarHouse Casino led the market in July, accounting for $26.5m of amounts wagered, and $540,766 of revenue after bonuses. Having been the first to launch online wagering in the state in May, it continued to dominate the territory.
