Pennsylvania Sportsbooks Generate More Than $100 Million in Bets in August
Bill Streicher, USA Today Sports.
- Pennsylvania sportsbooks generated more than $100 million in bets for the month of August.
- Darren Rovell reports on the growth in Pennsylvania and how New Jersey is approaching the $4 billion mark in sports wagering.
Pennsylvania sportsbooks took in more than $100 million in bets for the first time ever in August, boosted by the first full month of online wagering.
The Keystone State reported $109 million in sports wagering revenue for August, up 84% from July ($59.3 million).
Market leader FanDuel pulled in $37.8 million in bets and noted that an astounding 93.2% of that total came from online/mobile betting. The rest of the handle was generated at its sportsbook at the Valley Forge Casino. Sugarhouse, whose sportsbook operations are based in the state, took $30.4 million in bets, with online accounting for 82.4% of their handle.
Outside Nevada, neighboring New Jersey is still the biggest sports betting state, with $293.6 million bet on sports in the state in August.
New Jersey is expected to go over the $4 billion handle mark when the September numbers are revealed next month. That would mean the Garden State would have eclipsed the $4 billion mark in its first 15-and-a-half months of legal betting.