Online Betting Now Represents 75% Of The PA Sportsbook Market

August’s combined revenue for all the Pennsylvania sportsbooks, both retail and online, topped $6.1 million.
Statewide retail sports revenue was $3,574,817 and online revenue was $2,540,199.

The sportsbook figures were released this week by the Pennsylvania Gaming Control Board (PGCB).
Four online sportsbooks were operating in August. The fifth, Fox Bet, launched earlier this month. On the retail sportsbook side, there were nine retail sportsbooks in operation last month. The 10th, Mount Airy, opened last week.

Tax revenue generated from sports wagering during August was $2,201,406.

On the broader picture, revenue from all gaming sources in Pennsylvania was up 6.33%  year over year according to the PGCB, with a total August revenue of $293,434,082. The big jump can easily be attributed to the new revenue streams for casinos from both sports betting and online casino.

Here is a look at the full revenue breakdown for the month:

Casino or Off-Track Betting FacilityTotal HandleTotal RevenueOnline HandleOnline RevenueRetail HandleRetail Revenue
Valley Forge Casino Resort$37,822,688$2,217,754$35,279,681$2,042,424$2,543,007$175,330
SugarHouse Casino$30,390,890$1,232,058$25,023,833$415,290$5,367,057$816,768
Parx Casino$10,988,663$1,223,926$6,028,173$500,982$4,960,490$722,945
Rivers Casino$21,762,952$212,515$16,877,630($418,497)$4,885,322$631,012
Hollywood Casino at Penn National Race Course$2,055,786$309,17100$2,055,786$309,171
South Philadelphia Race and Sportsbook$1,997,420$337,68000$1,997,420$337,680
Harrah’s Philadelphia$1,879,243$251,29600$1,879,243$251,296
Presque Isle Downs$1,197,553$282,38400$1,197,553$282,384
Oaks Race and Sportsbook$942,856$48,23000$942,856$48,230
Statewide Total$109,038,051$6,115,016$83,209,317$2,540,199$25,828,734$3,574,817

FanDuel now the most popular PA betting app

Back to the sports side, Valley Forge Casino Resort had total sports revenues of  $2,217,754, due largely to online wagering on FanDuel Sportsbook.

That tally means Valley Forge accounted for more than a third of the overall sportsbook revenue generated in the state.

Online sports wagering accounted for $2,042,424, while retail was just $175,330. That’s an impressive amount of online betting given this was only the first full month of operation for FanDuel Pennsylvania.

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Promo credit cutting into Rivers’ profits

The combined books at SugarHouse Casino were next with $1,232,058 in total revenue.

Of that, $415,290 came from online revenue while the bulk, $816,768, was from SugarHouse’s retail book.

Parx Casino came in third with $1,223,926 in total sportsbook revenue. Retail revenue at Parx pulled in $722,945, while online accounted for $500,982.

Rivers Casino, the sister property to SugarHouse, had retail revenue of $631, 012, though it showed a loss of  $418,497 for its online operation. The losses stem from Rivers awarding over $1 million a month in promotional credit.

Retail sports betting still chugging along

South Philadelphia Race & Sportsbook, an off-track betting parlor operated by Parx, had revenue of $337,680.

Oaks Race & Sportsbook, another facility operated by Parx, had revenue of $48,230.

Hollywood Casino at Penn National Race Course had revenue of $309,171.

And, Presque Isle Downs & Casino had revenue of $282,384.