PA Sports Betting Needs Less Than A Year To Reach Mobile Potential

Posted on January 16, 2020

Peak mobile share for PA sports betting reached new heights in December, another telling sign of public preference in the US market.

Online sports betting accounted for $297.4 million in handle, or 86.8% of the state’s total wagered in December. Retail handle actually dropped 9.3% to $45.1 million.

More than 70% of all handle came online last year in Pennsylvania, despite online sportsbooks only launching in May.

December’s handle pushed last year’s total PA sports betting handle to $1.49 billion. Revenue for the year was $92.1 million, though Pennsylvania’s onerous 36% effective tax rate hampers the value of that to operators.

December PA sports betting details

Another month led to another record in the relatively young PA sports betting market.

Pennsylvania sports betting jumped 8.2% to $342.6 million in December from the previous record set in November.

There was no new revenue record set in December, according to the state report. Operators won less with $17.5 million in revenue for December compared to the $20.6 million from November.

FanDuel still top dog, other operators ramping

FanDuel Sportsbook is still the state’s top sportsbook operator as it took $154.5 million in online bets. That’s good for 45.1% of Pennsylvania’s total handle last month.

Second place – a distant second, at that – went to the combined operations of Rush Street‘s BetRivers. The online sportsbooks for Rivers Philadelphia and Rivers Pittsburgh combined for $58.9 million in handle.

The most impressive growth came from DraftKings Sportsbook, which went live at the beginning of November with Penn National‘s Meadows casino. DraftKings took $35.9 million in online handle, which more than doubled November’s $16.2 million in handle.

DraftKings Sportsbook not alone

DraftKings wasn’t the only sportsbook ramping up its operations last month. Kindred‘s Unibet brand, partnered with Mohegan Pocono, more than tripled its November total with $6.1 million in handle for December.

Fox Bet, the sportsbook from The Stars Group and FOX Sports, also continued to grow its sports betting handle. Fox Bet took $16.4 million in bets, up 21.3% from November.

Part of that growth is likely due to cross-selling between PA sports betting and online poker, which Stars launched at the beginning of November.

December newcomer BetAmerica, operated by Churchill Downs at its Presque Isle casino, did $129,556 in online handle.

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Matthew Waters

Matthew Waters is a reporter covering legal sports betting and the gambling industry. Previous stops include Fantini Research and various freelance jobs covering professional and amateur sports in Delaware and the Philadelphia area.

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