Pennsylvania Archives - Legal Sports Report

‘Haters’, ‘Critics’ Welcome Barstool Sportsbook To PA Sports Betting Market

The anticipated launch of Barstool Sportsbook formally occurs Friday as the company’s PA sports betting app is available for download. Penn National Gaming partnered in January with Barstool Sports to serve as its primary US sports betting brand. Pennsylvania becomes the first state with the reskinned Kambi app in time for Week 2 of NFL […] Read More

Posted on: September 18, 2020 | | Adam Candee

PA Sports Betting Market Joins Record-Breakers In August

Add Pennsylvania to the list of states that saw huge sports betting growth in August on the backs of pent-up demand and a full sports calendar. Handle hit a record $365 million last month, up 121.5% compared to July and 234.7% from last August. That’s 4.8% higher than the state’s previous all-time record of $348.4 million […] Read More

Posted on: September 16, 2020 | | Matthew Waters

NFL Betting Deals Galore: DraftKings + Giants, FOX Bet + Eagles

DraftKings Sportsbook and FOX Bet landed two big NFL sponsorships this week that should have a big impact on exposure for both brands. Read More

Posted on: September 16, 2020 | | Matthew Waters

Barstool Sportsbook Is Soft Launching Next Week In Pennsylvania

The long-awaited Barstool Sportsbook finally has a launch date for its debut in Pennsylvania. More states will follow in future months. Read More

Posted on: September 8, 2020 | | Matthew Waters

FanDuel Customers Locked Out Because Of Botched Migration Project

Some FanDuel players have been locked out of accounts for three days as the operator tries to merge DFS, sportsbook and casino accounts. Read More

Posted on: August 19, 2020 | | Brad Allen

PA Sports Betting Begins To Rebound But Still Lags NJ In Handle

Sports betting in Pennsylvania made a big surge in July as major US sports finally returned to the airwaves. Pennsylvania’s handle jumped 85.1% over June to $164.8 million in July, according to the state’s monthly report. Revenue climbed 71.5% to $13.7 million last month. The vast majority of business came online despite the fact that […] Read More

Posted on: August 17, 2020 | | Matthew Waters

No Surprise Where Barstool Sportsbook Will Launch Its App First

The upcoming launch for Penn National‘s Barstool Sportsbook app will begin in Pennsylvania, with more states expected by the first quarter of 2021. That’s according to the company’s second-quarter earnings release, which saw Penn lose $79.3 million in adjusted EBITDA during the second quarter. The regional casino operator was hit hard by the coronavirus pandemic […] Read More

Posted on: August 6, 2020 | | Matthew Waters

It’s The Right Time To Repeal Federal Sports Betting Tax, Says Bill Sponsor

Opposition to the federal excise tax on sports betting, which makes operators pay 0.25% of all handle to the US government, is nothing new for US Rep. Guy Reschenthaler. Read More

Posted on: July 29, 2020 | | Matthew Waters

Federal Handle Tax Targeted In New Bipartisan House Bill

The co-chairs of the recently-relaunched Congressional Gaming Congress introduced bipartisan legislation Friday to end the federal excise tax on legal sports bets. Rep. Dina Titus (D) of Nevada and Rep. Guy Reschenthaler (R) of Pennsylvania co-sponsored a bill that would repeal the long-standing 0.25% tax paid on the handle for legal wagers. US sports betting […] Read More

Posted on: July 24, 2020 | | Matthew Waters

The Week In Sports Betting News: PA, NJ Markets Slowly Rebounding

Happy Monday, everyone. Sports betting enthusiasts around the US are rejoicing this week at the news of the return of major sports with MLB starting its shortened season Thursday. Make sure to follow @LSPReport on Twitter as sports begin to ramp back up to stay on top of the latest sports betting headlines. And subscribe […] Read More

Posted on: July 20, 2020 | | Matthew Waters