Thanks to the launch of online sports betting in the Keystone State, the state’s sports betting market has been able to log its best month yet in June, which is widely known to be one of the slowest sports months of the year. According to recent revenue figures from the Pennsylvania Gaming Control Board (PGCB) sports betting revenue in the month of June clocked in at a whopping $46.3 million which is an increase of over $10 million from the previous month.
However, these figures should not be taken as an absolute interpretation of the future of the state’s sports betting industry especially since Rivers and Parx casinos launched their online sports betting offering just three days before June came to an end. As such, the hold is skewed since unsettled and futures bets meant minimal monthly returns for the two new sports betting operations. Nonetheless, the revenue figures released by the gaming control board are certainly an indication of the potential of the industry.
Individual Casino Performance
|Casino or Off-Track Betting Facility||Retail Handle||
|Online Handle||Online Revenue||Total Handle||Total Revenue|
|Oaks Race and Sportsbook||$1,052,241||$76,594||0||0||$1,052,241||$76,594|
|Hollywood Casino at Penn National Race Course||$2,410,357||$83,520||0||0||$2,410,357||$83,520|
|Valley Forge Casino Resort||$2,291,020||$149,621||0||0||$2,291,020||$149,621|
|South Philadelphia Race and Sportsbook||$2,462,294||$161,001||0||0||$2,462,294||$161,001|
SugarHouse and FanDuel’s Apple Advantage
FanDuel Sportsbook is set to go live in the course of July and this is great news for Valley Forge customers who have been waiting for the casino operator to go live with its online offerings. Fortunately, the FanDuel iPhone app is built on native iOS and thus it satisfies all of the requirements stipulated in the most recent update of the Apple App Store policy. Needless to say, this is another big win for the state and the gamblers.
Furthermore, the long-awaited SugarHouse and BetRivers Apple Solution has also recently been unveiled. Unlike in FanDuel’s casino case, this is not a native iOS app. Instead, it is a solution that allows iPhone used to start betting using the browsers on their phones in tandem with GeoGuard Location Validator, a third-party app developed by GeoComply which is a geolocation solutions provider for the country’s regulated gambling markets. This solution is currently only available or compatible with the SugarHouse online gaming site and BetRivers.