Published
Land-BasedFinancialSports Betting

Pennsylvania’s wagering sees 15% increase in August

Pennsylvania sportsbooks have shown a betting volume increase thanks to the return of the football season.

pennmap

Online and retail sportsbooks accepted $348.5m in wagers in August, down almost 5% from $365m in August 2020, but up almost 15% from $304.4m in July 2021. August is the first month since March when the combined handle topped the previous month’s handle (with sportsbooks handling $560m in wagers). August produced $18m in taxable revenue and generated $6.1m in state taxes.

Valerie Cross, Analyst for PlayPennsylvania, said: “August’s sports schedule is still relatively light compared with the fall, so it is welcome to see betting volume move off the low we saw in July. The next four months is the most important stretch of the year for sportsbooks, though, and every sign points toward a stretch of widespread growth.”

Bettors showed the most interest in online betting with $318.1m in wagers (over 91% of the state’s total handle), retail sportsbooks accepted $30.4m in bets in August. FanDuel topped the online market with $135.7m in wagering, DraftKings was second with $80.4m in bets, Barstool attracted $26.3m in wagers; next came BetRivers with $13.2m handles, SugarHouse with $10.3m, Fox Bet ($8.6m), Parx Casino ($6.4m), Unibet ($4.2m), TwinSpires ($2.3m), Caesars ($1.2m), and Betway and Wind Creek with under $1m handle each.

In regard to bettors’ interest in football, Dustin Gouker, Analyst for the PlayUSA (which includes PlayPennsylvania), remarked: “Football is often a springboard for operators to build relationships with new customers. This is why operators are aggressive with their football-related promotional offerings and advertising campaigns, particularly around the opening weeks of the season.”

Premium+ Connections
Premium

Sport Generate

 
Premium

Revsharks

 
Premium

Digitain

 
Premium

Imagine Live

 
Premium

Galaxsys

 
Premium

GammaStack

 
Premium

Lynon

 
Premium

RISK

 
Premium

1xBet Partners

 
 
Premium

PIN-UP Partners

 
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...