PA Reaps 33% Increase in Sports Betting Revenue in November

Pennsylvania has managed to amass strong gains from the launch of mobile gaming and sports betting, with the amount wagered in November increasing 33% from a month before in October.

PGCB Posts November Results

With Pennsylvania launching online sports betting, the state posted one-third better results in November, amassing over $300 million in total sports betting handle. Mobile betting has helped the Keystone State and specifically business in the state collect unprecedent overall handle.

Specifically, the bets went up to $316.5 million, marking a 31.2% increase from October, the Pennsylvania Gaming Control Board (PGCB) reported. Online betting soared to the whopping $266.7 million over the period, marking a nearly 85% increase.

The retail market also grew a little, probably riding on the popularity of the online segment with the month-over-month results rising to $49.7 million in total handle. The retail segment managed to generated bigger gross gaming revenue (GGR) at around $20.6 million, but about $5.9 million was spent on advertising, tipping the taxable GGR to $14.7 million – down from the October’s results.

How Did Operators Perform in November?

Operators posted positive developments in November, including the duo between Valley Forge Casino and FanDuel, one of the leading sportsbooks in the U.S., which pulled ahead with total handle worth $153 million. This was 29.6% higher than the previous month, PGCB data showed. Estimated $5.8 million was taxable account income.

FanDuel and Valley Forge were largely unchallenged. Rivers Philadelphia, the freshly rebranded SugarHouse Casino, amassed $41.3 million, a far cry from FanDuel’s results over the month. The next property on the list in November was $30.5 million with $2 million spent on promotional credits.

DraftKings, FanDuel’s main rival, made its first step into the market, owing to a partnership with Meadows Casino. DraftKings only amassed $18.1 million in GGR over the period.

Online Casino Market Remains Strong in Pennsylvania

Mobile gaming and sports betting have been a major boost for the Keystone State. Online slots revenue grew to $140.3 million up to 19.4% and revenue soaring to $5.1 million, or 28.1% more than a month before.

Table games notched up $176.5 million, proving a segment even more lucrative than the bulwark of all online gaming – slots. Revenue for operators from table games soared to $2.6 million. Another interesting development was poker with Mount Airy and the The Stars Group.

Mount Airy is presently the only operator have spearheaded poker, one of the weakest segments in the United States, but very popular in the offshore online gaming business. The Rivers Philadelphia may have come second in terms of sports betting, but the property definitely turned out to be the busiest venue among online gaming players.

The amount wagered in November reached $64.2 million from slots alone. The second biggest in terms of slots revenue was Penn National Gaming. Interestingly, the state’s video gaming terminals (VGTs) also managed to amass a fair chunk of the revenue, estimated $659,288.

Grant Mahon

Grant is the self-professed casino madman and reporter that brought this eclectic team of dedicated and talented writers together from around the world to proudly build an humble empire of authentic casino news.

Delaware’s Sports Betting Results Strong in November

Delaware’s sports betting market has ended November on a strong note, managing to build up momentum ahead of the Christmas holidays and multiply its results significantly.

Delaware’s November Results Go Up

The Delaware legal sports betting industry marked one of its strongest months, with the activities increasing by 151% compared to a month before. The total sports handle went up to $16.4 million, or 11% increase over the period. As to the state itself, Delaware managed to process $1.3 million in pure profits for itself.

  • Delaware won $1.3 million in November
  • The Delaware Park was the main betting venue with 75% of all proceedings
  • By the end of November, the state had won $6.8 million
  • Players won $63.2 million back out of $71 million wagered

Although the proceedings were not evenly spread between venues, the results were still buoyant. Delaware Park drove the majority of the results, with the revenue there hitting $805,285, or 72% of all funds. Delaware Park also saw the majority of wagers placed there as well with 217,776 of all placed bets over the period. In total, there were almost 339,000 stakes by the end of November.

Kansans Debates the Legalization of Sports Betting

So far, Delaware has been joying steady operational results, with the state managing to amass the respectable $6.8 million for itself in terms of profits. Betting only started at the end of June, a month after PASPA was repealed by the Supreme Court of the United States (SCOTUS).

When the activity became legal on June 24, 2018, the total betting handle wagered over the first seven days reached $7 million, the Delaware Lottery Commission reported at the time.

Understandably, the success of places such as Delaware, which have a fairly modest following of gamers and bettors, has inspired more states who are now looking to carve out a piece of the market for themselves by passing bills at home. Presently, several U.S. states are at one stage or another of debating or passing sports betting legislation, including:

  • Kentucky
  • Michigan
  • Washington, D.C which just voted on a bill successfully

Since June, the numbers have been fluctuating, but they have generally kept see-sawing between $14 million and $16 millions in terms of total handle. While the market has its natural restrictions, the state has done an excellent job of cultivating a healthy gaming environment for its betting & gaming enthusiasts.

Delaware’s iGaming Sector in November Slows Down

In terms of overall sports betting, players had committed nearly $71 millions by the end of November, and they won back $63.2 million over the period back. While the sports vertical continued to demonstrate healthy results, online gaming has stagnated.

The results for November put the revenue at $209,235, which was almost unchanged than last year’s results. Unlike other states, where video slots have propped up the bulk of revenue, Delaware owes its own success to video lottery products. Table games generated $68,000 and lastly, online poker rake fees and tournament buy-ins added another $17,894.

The state presently only operates three iGaming venues, particularly because demand for iGaming products seems to be rather low:

  • Dover Downs
  • Harrington Raceway
  • Delaware Park

While Dover Downs managed to collect the bulk of all revenue, Delaware Park saw a significant dip in iGaming interest, with results dropping by half their 2017 levels. In November, nearly 500 new gamers registered their gaming accounts in the state.

Aran Malik

“Magic Malik”—as we like to call him—is not only a tech whiz but a wizard when it comes to getting obscure news hot off the press so we know exactly what’s happening and can explore and report it back to our growing and loyal readerbase.