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Early playoff exits for the Philadelphia Eagles and Pittsburgh Steelers could have contributed to another down month for Pennsylvania sportsbooks. The Pennsylvania Gaming Control Board reported that operators produced $782.4 million in handle and $95.6 million in revenue last month.
Handle was down year-over-year at a 10.4% rate, likely because of the Eagles’ first-round loss to the 49ers last month, along with the Steelers’ loss to the Texans. During the Super Bowl run in 2025, the Eagles played three January playoff games at Lincoln Financial Field.
Not only was handle down from last year, it was down from last month, too, at a 1.9% rate.
January sports betting at a glance
- Handle: $782.4 million (10.4% month-over-month decrease; 1.9% year-over-year decrease)
- Revenue: $95.6 million (7.9% MoM decrease)
- Adjusted Gross Revenue (taxable): $71.4 million
- Hold: 12.2% (down from 13% in December)
- Percent of bets placed online: 95.6%
- Promotional credits: $24.2 million
- December sports betting tax revenue: $24.3 million
- State and local entities tax revenue: $1.4 million
- Top sports betting app by handle: FanDuel Sportsbook with $276.3 million
- Top sports betting app by revenue (taxable): FanDuel with $39.1 million
Fanatics takes back third spot
In a pivotal month considering the NFL playoffs, Fanatics Sportsbooks comfortably slid back into the No. 3 spot in terms of handle ahead of BetMGM Sportsbook.
Fanatics started off the football season strong, holding the third spot in September and October. However, BetMGM regained it in November and December.
While Fanatics launched much later than BetMGM in Pennsylvania, the operator displayed an impressive football season.
TheScore Bet increases market share
The second full month of theScore Bet saw a slight improvement in market share. The operator achieved 4.1%, which is an improvement from the 3.9% in December.
It still finished sixth in handle, generating $32.1 million, behind bet365 Sportsbook, which produced $39 million. Former ESPN BET sportsbook theScore still has a long way to go before it is considered a top platform in the Keystone State.
Operators dominated the latter part of football season
The public did not have as much success down the stretch of the football season. However, they did get off to a decent start.
Hold rates were in the single digits the first half of the year, while operators got their licks back in the second half. Hold rates are as follows throughout the season:
- September: 8.4%
- October: 9.5%
- November: 12.7%
- December: 13.0%
- January: 12.2%
PA sportsbook handle by operator in January
| Licensee | Online Brand | Handle | Revenue | Hold | Tax |
|---|---|---|---|---|---|
| Valley Forge | FanDuel | $276,322,585 | $39,051,869 | 14.1% | $9,956,685 |
| Hollywood Meadows | DraftKings | $235,828,664 | $28,298,874 | 12.0% | $8,163,756 |
| Hollywood York | Fanatics | $56,296,416 | $7,061,448 | 12.5% | $2,009,075 |
| Hollywood Morgantown | BetMGM | $49,911,877 | $5,849,444 | 11.7% | $1,358,643 |
| Presque Isle Downs | bet365 | $39,001,979 | $4,365,441 | 11.2% | $895,154 |
| Hollywood Penn National | theScore Bet | $32,101,765 | $2,810,215 | 8.8% | $846,305 |
| Rivers Pittsburgh | BetRivers | $27,201,857 | $1,905,799 | 7.0% | $500,933 |
| Harrah's Philadelphia | Caesars | $23,672,065 | $1,512,739 | 6.4% | $407,629 |
| Rivers Philadelphia | PlaySugarHouse | $14,658,613 | $1,450,494 | 9.9% | $448,870 |
| Parx | betParx | $14,598,508 | $1,783,407 | 12.2% | $595,623 |
| Live Philadelphia | Betway | $7,278,817 | $937,814 | 12.9% | $337,613 |
| Mohegan Sun Pocono | $1,868,553 | $221,596 | 11.9% | $50,975 | |
| Wind Creek | Windcreek | $1,338,478 | $140,252 | 10.1% | $50,491 |
| Live Pittsburgh | $1,093,347 | $55,465 | 5.1% | $19,967 | |
| Mohegan Lehigh Valley | $588,165 | $99,420 | 16.9% | $35,791 | |
| Mount Airy | $535,498 | $58,723 | 11.0% | $21,140 | |
| Parx Shippensburg | $76,606 | $8,477 | 11.1% | $3,052 | |
| Total | $782,373,793 | $95,611,477 | 12.2% | $25,701,702 |
