Published
OnlineSports Betting

Pennsylvania June handle down but revenue up 14%

Online and retail sportsbooks in Pennsylvania accepted $420.2m for June, down 6.1% from May’s $447.5m.

pennsylvania

And yet ports gaming revenue jumped up to $42.5m, which was up 14% from the $37.4m reported in May.  

Dustin Gouker, PlayPennsylania.com Analyst, said: “Betting volume typically falls over the summer, but sportsbooks tend to win more per bet on sports like golf and tennis. 

“That really helped sportsbooks in June and will help them to continue to weather the offseason even as bettors engage less.” 

After two years of online sports betting, Pennsylvania has now taken in $8.1bn in online and retail wagering since its launch; only New Jersey and Nevada have taken in more during that time.  

Valerie Cross, PlayPennsylvania.com Analyst, said: “By any measure, Pennsylvania’s entry into sports betting has been an unqualified success, and the market has yet to fully mature. 

“Importantly, with more than $111m in state and local taxes over the fiscal year, no state takes in more in tax revenue from sports betting than Pennsylvania. That is where the state truly stands out.” 

In June, 90%, or $379.3m, of all sports bets were made online, as the month saw an increase in the number of online bets.  

FanDuel dominated the period by producing $162.5m in online wagering, up from May’s $160.9m.  

By accepting 42.9% of all online wagers in June, FanDuel took in its largest market share since August.  

Second on the list was DraftKings with $86m in bets, down from $100m in May.  

Premium+ Connections
Premium

RISK

 
Premium

PIN-UP Partners

 
Premium

1xBet Partners

 
Premium

GammaStack

 
Premium

Sport Generate

 
Premium

Imagine Live

 
Premium

Galaxsys

 
Premium

Digitain

 
 
Premium

Lynon

 
Premium

Revsharks

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...