Clicky

Online Betting Boosts Pa. Sports Betting Revenue in June - PennsylvaniaPoker.com News % : PennsylvaniaPoker.com News
  • 0 views
  • 2 minutes read
Published on
Update on
Author

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 Land-Based
Revenue
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
Rivers Casino $6,203,733 $247,309 $848,520 -$114,395 $7,052,253 $132,913
Harrah’s Philadelphia $2,251,714 $135,421 0 0 $2,251,714 $135,421
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
Parx Casino $5,175,829 $367,206 $307,011 $18,432 $5,482,841 $385,638
SugarHouse Casino $5,160,836 $467,016 $18,170,689 $465,096 $23,331,525 $932,112
Statewide Total $27,008,024 $1,687,686 $19,326,220 $369,133 $46,334,244 $2,056,819

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.

Editor's Picks

Tides Turn for Pennsylvania’s Lady Luck Casino Nemacolin

The Keystone State’s gambling industry has been thriving thanks to a number of new developments in both the retail and online gambling sectors. Even so, not everything has been as rosy as we may hope and one of the issues that the state’s gambling industry has been grappling with has been the declining interest in […]

FOX Bet Officially Launches in Pennsylvania

Just a few days to the start of the NFL season, The Stars Group’s and FOX Sports’ FOX Bet went live in the Keystone State. Now, sports bettors in both New Jersey and Pennsylvania will be able to place bets online and on mobile. The sports betting platform has been one of the most anticipated […]

Evolution Gaming Obtains License from PGCB

Pennsylvania gambling industry just added a new partner, a move that is set to further grow the already flourishing industry. Evolution Gaming, a Swedish-based provider of Live Casino products has made an extra stride in its bid to expand its services in the United States. In a press release that was released on Thursday, September […]

Similar PA Casinos Post

Tides Turn for Pennsylvania’s Lady Luck Casino Nemacolin

The Keystone State’s gambling industry has been thriving thanks to a number of new developments in both the retail and online gambling sectors. Even so, not everything has been as rosy as we may hope and one of the issues that the state’s gambling industry has been grappling with has been the declining interest in […]

FOX Bet Officially Launches in Pennsylvania

Just a few days to the start of the NFL season, The Stars Group’s and FOX Sports’ FOX Bet went live in the Keystone State. Now, sports bettors in both New Jersey and Pennsylvania will be able to place bets online and on mobile. The sports betting platform has been one of the most anticipated […]

Evolution Gaming Obtains License from PGCB

Pennsylvania gambling industry just added a new partner, a move that is set to further grow the already flourishing industry. Evolution Gaming, a Swedish-based provider of Live Casino products has made an extra stride in its bid to expand its services in the United States. In a press release that was released on Thursday, September […]

Legal Sports Betting Finally Takes Off in Indiana

Indiana has officially become the 12th US state to legalize sports betting after three of the state’s casinos were inaugurated on September 1 just in time for the forthcoming NFL season. Of the three casinos that debuted their sports betting offerings, one of them was privileged to have been inaugurated by Governor Eric Holcomb who […]