Pennsylvania

PA sportsbooks June

What’s Behind The June Decline For PA Sportsbooks?

Betting revenue reports for June have been a mixed bag so far, and Pennsylvnia sportsbooks found themselves on the declining side of the story. Operators took $393.5 million in bets during June, which is down 6.4% from last year and is the lowest handle for sports betting in Pennsylvania since last August. Sports betting revenue […] Read More
Posted on: July 21, 2022 | Sports Betting | Matthew Waters
Penn National

Former Penn National Employee Charged With Insider Trading

A former Penn National Gaming software engineer is facing charges of insider trading in connection to the company’s acquisition of Score Media and Gaming. The Securities and Exchange Commission announced insider trading charges Monday against David Roda, former director of backend architecture for Penn Interactive Ventures, a Penn National subsidiary. Roda and a friend, Andrew […] Read More
Posted on: June 14, 2022 | Sports Betting | Pat Evans
Pennsylvania sportsbooks

Pennsylvania Sportsbooks Top $1 Billion In Gross Revenue

Pennsylvania sportsbooks passed a key milestone in March when they topped $1 billion in gross revenue since launch in November 2018. Gross sports betting revenue hit $1.014 billion with the March report, which Pennsylvania regulators released Monday. That does not tell the whole story for Pennsylvania, though, since promotional deductions are allowed for online PA […] Read More
Posted on: April 19, 2022 | Sports Betting | Matthew Waters
PointsBet

PointsBet Opens Online PA Sportsbook In Time For Super Bowl Betting

PointsBet has been plenty busy lately with new market launches into two of the top online betting states in the country. The Australia-listed sportsbook soft-launched online Monday in Pennsylvania. The soft launch, which should last for three days pending final approval, came quickly on the heels of PointsBet’s license approval Jan. 19. The hastened timeline […] Read More
Posted on: February 8, 2022 | Regulation Sports Betting | Matthew Waters
Buccaneers Super Bowl Odds

PA Sportsbooks Report Handle, Revenue Drops in December

PA sportsbooks reported their second straight month of handle decline – something that has not happened previously during football season. Total handle for December was $750.4 million, down 1.5% from the $761.6 million reported in November and 3.3% from the record $776.3 million bet in October. The unusual two-month skid during NFL betting season might […] Read More
Posted on: January 21, 2022 | Sports Betting | Matthew Waters
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