{"id":117570,"date":"2019-10-19T02:00:31","date_gmt":"2019-10-19T09:00:31","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=117570"},"modified":"2019-10-18T11:17:09","modified_gmt":"2019-10-18T18:17:09","slug":"pennsylvania-sports-betting-revenue-surged-thanks-to-start-of-football","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/pennsylvania-sports-betting-revenue-surged-thanks-to-start-of-football\/","title":{"rendered":"Pennsylvania Sports Betting Revenue More Than Doubles in September, Total Handle Swells 78 Percent"},"content":{"rendered":"

Sports betting revenue in Pennsylvania more than doubled to $14.92 million in September from $6.11 million in August, indicating the start of football season provided a better-than-expected benefit to sportsbook operators there.<\/p>\n

\"\"
FanDuel’s Pennsylvania sportsbook led the state’s September sports betting haul. (Image: Yahoo Finance)<\/figcaption><\/figure>\n

Last month’s total handle in the Keystone State was $194.50 million, well above the August mark of $109.03 million, according to data released Thursday by the Pennsylvania Gaming Control Board (PGCB). The September handle topped prior forecasts calling for $125 million<\/a> upon the start of the NFL season.<\/p>\n

Overall gaming revenue in the Commonwealth during September of this year from all sectors was 5.43 percent above revenue generated in September 2018,\u201d said the PGCB in a statement. \u201cTotal tax revenue generated collectively through all forms of gaming and fantasy contests was $116,564,227 during September of 2019.\u201d<\/p><\/blockquote>\n

Sports betting generated $5.35 million in tax revenue for the state last month. The September data includes partial results from Mount Airy Casino Resort and Mohegan Sun Pocono<\/a> because sports wagering at those venues commenced after Sept. 1.<\/p>\n

FanDuel Dominance<\/h2>\n

Of the nearly $195 million in total sports handle in the Commonwealth last month, $88.54 million came from FanDuel’s sportsbook at the Valley Forge Casino Resort<\/strong>. To put FanDuel’s September sports wagering dominance in Pennsylvania into context, the combined handle last month for that sportsbook’s nearest competitors \u2013 Philadelphia’s SugarHouse<\/a> and Pittsburgh’s Rivers Casino \u2013 was about $68.5 million.<\/p>\n

\n

Underscoring the growth of online sports wagering in the Keystone State, revenue from that activity jumped to $9.2 million last month, with FanDuel accounting for over half that total at $4.73 million. In September, there were five online sportsbooks<\/a> operating in the state.<\/p>\n<\/div>\n

Data indicates Pennsylvanians are taking to mobile sports betting in a fashion similar to their neighbors in New Jersey<\/a>. Last month, 81 percent of sports wagers placed in the Commonwealth were made online or via a mobile device.<\/strong><\/p>\n

The online and mobile sports betting tally was well ahead of the $5.32 million in turnover generated by internet slots and table games. Three Pennsylvania casinos \u2013 Hollywood, Parx and SugarHouse \u2013 offer those games online and via mobile devices.<\/p>\n

Each retail sportsbook operating in the state in August saw handles increase in September. Pennsylvania’s total September handle was more than triple the July figure of $59 million, while revenue was almost quadruple the $5.07 million notched in the seventh month of the year.<\/p>\n

Daily Fantasy, Too<\/h2>\n

The arrival of professional football also brought an uptick in revenue for daily fantasy sports (DFS) operators in the Commonwealth.<\/p>\n

\u201cSeptember’s Fantasy Contest Revenue Report shows revenue of $2,929,047 in September 2019, an increase of 37.27% over September of last year when revenue was $2,133,714,\u201d said the PGCB.<\/p>\n

At $1.58 million and $1.36 million, respectively, DraftKings and FanDuel accounted for nearly all of Pennsylvania’s September DFS turnover.<\/strong><\/p>\n

DFS generated more than $439,000 in taxes for the state in the ninth month of the year.<\/p>\n

Pennsylvania is home to 10 land-based casinos and racinos and two smaller gaming venues, which send more than $1.3 billion annually to state coffers. Those properties employ over 16,000 people.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sports betting revenue in Pennsylvania more than doubled to $14.92 million in September from $6.11 million in August, indicating the start of football season provided a better-than-expected benefit to sportsbook operators there. Last month’s total handle in the Keystone State was $194.50 million, well above the August mark of $109.03 million, according to data released […]<\/p>\n","protected":false},"author":46,"featured_media":117572,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14007,1074],"tags":[],"acf":[],"yoast_head":"\nPennsylvania Sports Betting Revenue Surged Thanks to Start of Football<\/title>\n<meta name=\"description\" content=\"Pennsylvania's sports betting revenue and total handle made massive strides in September thanks in large part to the start of the NFL.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/pennsylvania-sports-betting-revenue-surged-thanks-to-start-of-football\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pennsylvania Sports Betting Revenue Surged Thanks to Start of Football\" \/>\n<meta property=\"og:description\" content=\"Pennsylvania's sports betting revenue and total handle made massive strides in September thanks in large part to the start of the NFL.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/pennsylvania-sports-betting-revenue-surged-thanks-to-start-of-football\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-19T09:00:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-10-18T18:17:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/10\/fanduel.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1279\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/pennsylvania-sports-betting-revenue-surged-thanks-to-start-of-football\/\",\"url\":\"https:\/\/www.casino.org\/news\/pennsylvania-sports-betting-revenue-surged-thanks-to-start-of-football\/\",\"name\":\"Pennsylvania Sports Betting Revenue Surged Thanks to Start of Football\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/pennsylvania-sports-betting-revenue-surged-thanks-to-start-of-football\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/pennsylvania-sports-betting-revenue-surged-thanks-to-start-of-football\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/10\/fanduel.jpg\",\"datePublished\":\"2019-10-19T09:00:31+00:00\",\"dateModified\":\"2019-10-18T18:17:09+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"Pennsylvania's sports betting revenue and total handle made massive strides in September thanks in large part to the start of the NFL.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/pennsylvania-sports-betting-revenue-surged-thanks-to-start-of-football\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/pennsylvania-sports-betting-revenue-surged-thanks-to-start-of-football\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/pennsylvania-sports-betting-revenue-surged-thanks-to-start-of-football\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/10\/fanduel.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2019\/10\/fanduel.jpg\",\"width\":1279,\"height\":853,\"caption\":\"FanDuel's Pennsylvania sportsbook led the state's September sports betting haul. 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