Pennsylvania sportsbooks report September handle of $579m
September handle was the second-most all-time in the Keystone State.
The return of the NFL and college football drove Pennsylvania sportsbooks to near record handle in September, as they reported $579m in wagers.
Handle was up 25.1% year-on-year and up 66.1% from August, a sign of just how dependent operators are on the gridiron.
The NFL’s Pittsburgh Steelers and Philadelphia Eagles returned to regular season action last month, while the state’s top NCAA Division I college football teams, Pittsburgh and Penn State, each got off to stellar starts to drive wagering action.
“Nothing stirs the sports betting drink like football, even when the Steelers and the Eagles get off to slow starts,” said Katie Kohler, analyst for PlayPennsylvania. “Penn State made a difference in boosting interest, which certainly helps. The bottom line is every sportsbook wants a strong start to the football season, and that is exactly what Pennsylvania’s industry got in September.”
Online wagers accounted for $527m of all handle, while retail sportsbooks contributed $51.3m in bets.
Gross sports betting revenue was $48.1m, a 163% improvement y-o-y and a 90.1% increase from August. Revenue was just shy of the state’s all-time record of $49.3m, set in January 2021.
Through the first nine months of the year, Pennsylvania sportsbooks have accepted $4.3bn in wagers.
“Pennsylvania’s sportsbooks are in a position to generate more in wagering this fall than the $1.5 billion that was bet in all of 2019,” said Dustin Gouker, analyst for the PlayUSA Network “The industry will in all likelihood continue to grow in the months ahead, gaining steam in October with baseball’s postseason and the opening of the NBA season. Sports betting should produce some eye-popping numbers over the next few months.”
FanDuel led online operators with $184m in handle and $21.2m in revenue, while DraftKings was runner-up with $165m in handle and $5.1m in revenue.
Rivers Pittsburgh led retail sportsbooks with $7.9m in handle.
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