Rumors have been circling that PA Online Sportsbooks and mobile betting apps were set to go live by March. As the time neared, PGCB officials stated that “internet gaming” in the state will not happen until July.
Then came an article from PennLive.com that quoted Parx CMO Marc Oppenheimer will the following statement:
Parx is working toward offering online sports betting ahead of the general igaming launch, and possibly as early as April.
This set off alarm bells in the state for sports bettors who are ready to bet ASAP via their mobile devices on a Parx Sports Betting app.
Are you ready for the BIG GAMES?Check out the NEW https://t.co/406O1dq0iw and bet for fun on your favorite teams now! 🏀📲
Gambling Problem? Call 1800Gambler pic.twitter.com/5sQzyG1uDS
— Rivers Casino (@WinBigRivers) March 18, 2019
Rivers “Fun” Sportsbook
So what exactly is this thing? In short, it is a white label version of PlaySugarhouse.com with a Rivers Casino logo. Kambi provides the sports betting tech and software to Rivers, SugarHouse PA and Parx, so this set was not a surprise.
At best this is a clear hint that Rivers Sportsbook feels the launch of their online/mobile sportsbook is coming soon. SportsBook4Fun.com allows anyone to create an account and place bets, you guessed it, for fun. They also have online casino games and blackjack.
With FanDuel Sportsbook now in PA, competing sportsbooks know they must be ready to go ASAP to combat the current leader in NJ Sports Betting once PA igaming goes live.
PA Sports Betting Revenue Dips
Taking a look at how the sportsbooks in PA performed in February, Rivers Casino Sportsbook had the best month. Rivers saw $8,147,558.96 in total sports betting handle which resulted in revenue of $627,520.99. SugarHouse Sportsbook and Parx Sportsbook rounded out the top 3 performing sportsbooks in the state. The total betting handle for February was $31,500,741.94. This was a small decrease from $32,011,838.76 in January.
Sports betting revenue in February compared to January was not great. The February Sports betting revenue was $1,946,816.50. That was a 25% drop from $2,607,215.09 in January 2019.
Sportsbook | Sports Betting Handle | Gross Revenue | Tax |
---|---|---|---|
Rivers Sportsbook | $8,147,558.96 | $627,520.99 | $225,907.56 |
SugarHouse Sportsbook | $7,091,93.11 | $522,308.00 | $188,030.88 |
Parx Sportsbook | $6,965,511.90 | $369,995.89 | $133,198.52 |
Hollywood Sportsbook | $3,742,819.85 | $13,914.20 | $5,009.11 |
Harrah's Philadelphia | $2,951,267.50 | $137,200.52 | $49,392.19 |
South Philadelphia Turf Club | $2,601,650.62 | $275,876.90 | $99,315.69 |
Total | $31,500,741.94 | $1,946,816.50 | $700,853.95 |
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