Pennsylvania

Pennsylvania sports betting

Did Pennsylvania Sports Betting Promo Spending Really Drop In October?

Pennsylvania became the third US jurisdiction to eclipse the half-billion dollar sports betting handle mark in a single month. Handle hit $525.8 million in October, setting a new PA sports betting record. That’s up 13.6% from the previous record of $462.8 million set in September. Only New Jersey and Nevada have broken the $500 million […] Read More
Posted on: November 17, 2020 | Regulation Sports Betting | Matthew Waters
Pennsylvania sports betting

Pennsylvania Sports Betting Market Joins Record Party

Pennsylvania joined the list of states hitting new sports betting heights in the packed sports month of September. Handle totaled $462.8 million in September, quickly topping the record set in August by 26.8%. It’s the first time the market broke the $400 million handle mark. Revenue, however, did not hit a new record, according to […] Read More
Posted on: October 16, 2020 | Sports Betting | Matthew Waters
Barstool Sportsbook

Barstool Sportsbook Parent Joins Sports Betting Cash Race

Another day, another sportsbook operator getting nearly $1 billion from the public markets. This time, it’s newcomer Barstool Sportsbook. Penn National sold 16.1 million shares at $61 each to raise $982.1 million in gross proceeds. The regional casino operator used standard language in its SEC Form 8-K detailing the transaction, stating general corporate purposes that […] Read More
Posted on: October 1, 2020 | Sports Betting | Matthew Waters
Barstool Sportsbook

‘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 | Sports Betting | Adam Candee
PA sports betting

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 | Sports Betting | Matthew Waters
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