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Online Sportsbooks Take 66% of Record July Handle in Pennsylvania

It’s not too surprising that July’s $59.3 million sports betting handle set the record in the Commonwealth of Pennsylvania for the second month in a row, since the state’s four online sportsbooks staggered launches from late May to late July. But what is noteworthy is that online sports bettors still managed to account for two-thirds, or $38.9 million, of all sports wagers placed during July.

According to the Pennsylvania Gaming Control Board, sports gambling operators in the Keystone state brought in more than $5 million in revenue, although promotional credits offered by newly operational mobile sportsbooks reduced that number to $2.8 million. State and local taxes collected over $1 million on the month.

July was the first month mobile sports betting handle exceeded retail in Pennsylvania, although with the impending launch of up to two more online sportsbooks, the NFL’s Sept. 5 kickoff and more iPhone-friendly sportsbook apps, records are likely to be broken on a monthly basis for some time to come.

SugarHouse Casino Way Out in Front

Rush Street Gaming’s SugarHouse Casino, located in Philadelphia, took nearly half of all sports wagers in the state with a handle of $26.6 million. Of that total, $22.2 million, or 84% of all sports bets were online wagers.

The other three online sportsbooks, including SugarHouse’s sister Rivers Casino site with Rush Street Interactive’s online BetRivers, Parx Casino’s retail/online sportsbook, and Valley Forge Casino Resort and online partner, FanDuel, all together accounted for the other 43%, or $16.8 million, of the state’s total online handle.

However, watch for FanDuel to make up ground quickly. FanDuel’s soft launch wasn’t until July 22, and the online sportsbook wasn’t fully functional until July 25. With only seven days operating at full capacity in July, FanDuel still took in a $3.3 million handle and $133,730 in revenue.

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