PA Sports Betting Handle Set To Hit $300 Million
The PA sports betting market was off to a bit of a sluggish start while bettors waited for online sportsbooks and mobile betting apps to launch. From November 2018 to June 2019, retail sportsbooks had a sports betting handle that exceeded $224 million dollars. With online sports betting accounting for roughly $20 million, the projection for a $300 million total handle heading into football is realistic.
Sportsbook Wars: 3 Way Race To The Top?
BetRivers PA and SugarHouse PA represent almost half of the current handle. This will change dramatically with the FanDuel Sportsbook iphone app now in the picture. The July sports betting revenue report will be released in mid-August. Expect to see big numbers and a three-way race for the top spot in PA online sports betting.
With DraftKings Sportsbook and FoxBet set to launch before the football season, the PA landscape will have another drastic shift. Lets be honest, local casino sportsbooks outside of BetRivers, will have a very difficult time competing with national sports betting brands. Pennsylvania will be the central focus for many sports betting insiders this fall as potential advertising sportsbook wars will erupt in the Keystone state.
The mega-deal announcement by Penn National Gaming will provide DraftKings Sportsbook a PA betting skin. Fox Bet has partnered with Mt. Airy Casino in Pennsylvania to provide their online sportsbook and mobile betting app. One can only imagine the number of sports bettors FoxBet will attract if Charissa Thompson is pushing the app or a free to play version every Sunday on Fox Sports.
FanDuel Sportsbook Impact
The iOS app first mover advantage for FanDuel in PA should be massive. Granted, you can access BetRivers and SugarHouse on your iPhone or iPad with a geo-comply app, but they still lack a true iOS app for both brands. An overwhelming number of bettors in PA have voiced the need for an iPhone app and how they would wait until one was available. Once again, this should point to increased user acquisition metrics for FanDuel in July and August.
With the rabid sports betting scene in Philadelphia and Pittsburgh, the football betting season in PA should see huge numbers. NFL Week 1 lines at PA Sportsbooks have been up since May, along with Heisman Odds at FanDuel.
The URL for the FanDuel online sportsbook in PA is https://pa.sportsbook.fanduel.com. Sports bettors looking for the FanDuel sports betting app in PA can simply visit the Apple app store to download onto their iPhones. The risk free $500 bet bonus offered by FanDuel Sportsbook becomes the top offer available to new players on the state.
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