Recently, the Pennsylvania Gaming Control Board released their report from January and it found that the six sportsbooks in the state held roughly eight percent or $2.6 million in revenue from PA sports betting in January.
With that being said, SugarHouse, Hollywood and Rivers sportsbooks were the only retail locations to have operated all of January. Parx, Harrah’s and the South Philly Parx Turf Club opened in January, thus not having a full month of numbers.
Looking back at December, the 3 active sportsbooks combined for $16 million in handle, so adding an additional three did double the sports betting handle.
|SPORTSBOOKS - JAN. 2019||HANDLE||GROSS REV.||PA TAX|
|South Philadelphia Turf Club||$858,130||$91,835||$33,061|
PA Sports Betting Online?
After observing New Jersey generate nearly $400 million in sports betting handle in January, PA needs to make a move ASAP. 80 percent of the NJ sports betting handle came in via online/mobile options. If PA was waiting on “proof” from NJ, they certainly have it. After all, there are two hubs in Philadelphia and Pittsburgh which could help skyrocket their $32 million figure if mobile was allowed.
However, mobile wagering in PA technically is legal, though the implementation legislation is what we’re waiting on from PGCB.
“We continue to work with the casinos and their partners to get everyone licensed and equipment/software tested. Once the casinos are ready, we can launch,” said Doug Harbach of the PGCB told LegalSportsReport.com last month.
In our conversations with PA Sportsbooks, they continue to be optimistic per a late April launch for online sports betting. A recent Sugarhouse Sportsbook Review does mention a possible summer launch for their sports betting app.
PA SPORTS BETTING APPS
- Updated NBA Champion Odds at DraftKings Still Seeing Heavy Sixers Action - February 25, 2020
- Sixers +65 points vs. Bucks? FanDuel “Spread The Love” Promo is FREE Money - February 22, 2020
- As More PA Online Casinos Go Live, Gaming Revenue Surges Past $300M - February 22, 2020