Figures released on Monday by the Pennsylvania Gaming Control Board show the true power that NFL betting brings for the state’s gambling industry. Pennsylvania sportsbooks handled $645.2 million in the month of September, a $282 million increase from August and an 11.5% increase from last year. Revenue in September was $75.3 million, a 79% MoM increase from August.
PA online casinos (including poker) recorded the second largest month ever reaching $139.7 million in gross revenue. Pennsylvania online casinos set the record for gross revenue back in March with $147.7 million.
The state is expected to cross the $1 billion threshold for online casino tax revenue next month.
September 2022 numbers for Pennsylvania sports betting
Figures from the Pennsylvania Gaming Control Board:
- Handle: $645.2 million (78% MoM increase; 12% YoY increase)
- Revenue: $75.3 million (79% MoM increase; 57% YoY increase) / Adjusted Gross Revenue (taxable): $25.1 million
- Hold: 11.7% (up 0.1% from last month)
- Percent of bets placed online: 92.4%
- Promotional credits: $25.1 million
- September sports betting taxes: $17.1 million to the state and $1 million to local entities.
- Top sports betting app by handle: FanDuel Sportsbook with $211 million (35% market share)
- Top sports betting app by revenue: FanDuel Sportsbook ($32.9 million; 48% market share)
Full September revenue breakdown below.
September 2022 numbers for online casinos and poker in PA
- Online slots revenue: $104.8 million
- Online table games revenue: $32.2 million
- Poker revenue: $2.7 million
Full September revenue breakdown by PA casino licensee below.
Quick analysis from August PA sports betting and casino figures
PA sports betting September takeaways
- PA sportsbooks continue to see strong year-over-year growth (handle up 11.5% YoY) here in Year 4 of online NFL betting. The summer slide is over as sportsbooks generated the third-highest month in handle in 2022. Sportsbooks continue their impressive hold numbers, recording a second straight month above 10%. In June, Pennsylvania sportsbooks’ hold percentage was 5.8%.
- FanDuel has consistently maintained market share of 38-42% for online bets placed in PA but had much stiffer competition in September. Last month, DraftKings Sportsbook trailed FanDuel by just $5 million in total handle, the closest in handle they’ve ever been since launching in November 2019. FanDuel still has the edge on hold with 15.7% compared to DraftKings’ 8.2%.
- PA has settled into No. 5 nationally in terms of sports betting handle, behind NY, IL, NJ, NV.
PA casinos September takeaways
- Online slots ($104,824,119) and online table games ($32,177,304) continue to show strong year-over-year growth, up 26.8% and 22.1% respectively. They are also helping to fuel overall PA gaming revenue growth, which was up 7.9% year over year to $448.5 million.
- Online casinos had their second-best month ever in September posting $139.7 million in revenue. Pennsylvania has 18 online casinos and still plenty of room to grow with more casinos on the way.
- PA online casinos have brought in $993 million in lifetime tax revenue for PA and local entities in just over 3 years. They will soon surpass $1 billion lifetime.
PA sports betting handle & revenue by operator September 2022
| Licensee | Online Brand | Handle | Revenue | Hold | Taxes |
|---|---|---|---|---|---|
| Valley Forge | FanDuel | $212,950,457 | $33,454,583 | 15.7% | $8,188,312 |
| Hollywood Meadows | DraftKings | $207,520,797 | $17,030,576 | 8.2% | $4,061,606 |
| Hollywood Morgantown | BetMGM | $51,509,764 | $6,268,614 | 12.2% | $721,193 |
| Hollywood Penn National | Barstool | $41,095,005 | $4,125,985 | 10.0% | $1,127,155 |
| Rivers Pittsburgh | BetRivers | $30,445,183 | $3,035,840 | 10.0% | $876,462 |
| Harrah's Philadelphia | Caesars | $20,058,059 | $2,297,539 | 11.5% | $391,006 |
| Rivers Philadelphia | PlaySugarHouse | $18,467,816 | $1,482,437 | 8.0% | $501,784 |
| Parx | betParx | $17,431,946 | $2,221,252 | 12.7% | $685,296 |
| Hollywood York | PointsBet | $12,002,721 | $1,288,300 | 10.7% | $144,420 |
| Mount Airy | Fox Bet | $9,296,514 | $927,215 | 10.0% | $309,221 |
| Mohegan Sun Pocono | Unibet | $7,363,494 | $583,584 | 7.9% | $135,367 |
| Live Philadelphia | Betway | $6,799,497 | $718,252 | 10.6% | $258,571 |
| Presque Isle | TwinSpires | $3,182,967 | $719,810 | 22.6% | $258,988 |
| Wind Creek | Wind Creek | $2,117,517 | $157,031 | 7.4% | $55,823 |
| South Philadelphia Race & Sportsbook | $1,898,091 | $371,589 | 19.6% | $133,772 | |
| Downs at Lehigh Valley | $1,394,673 | $336,887 | 24.2% | $121,279 | |
| Live Pittsburgh | $1,356,021 | $216,956 | 16.0% | $78,104 | |
| Parx Malvern | $352,159 | $82,641 | 23.5% | $29,751 | |
| Total | $645,242,681 | $75,319,093 | 11.7% | $18,078,109 |
PA online casino revenue by operator September 2022
| Licensee | Total Revenue | Slots | Tables | Poker | Promos | Taxes |
|---|---|---|---|---|---|---|
| Hollywood Penn National | $60,946,997 | $43,804,035 | $16,799,849 | $343,114 | $12,306,532 | $17,542,253 |
| Rivers Philadelphia | $33,271,090 | $29,588,563 | $3,562,874 | $119,654 | $7,099,525 | $11,157,474 |
| Valley Forge | $22,454,984 | $14,204,276 | $8,250,708 | $0 | $2,871,564 | $6,646,488 |
| Mount Airy | $6,382,398 | $3,499,652 | $1,248,962 | $1,633,783 | $1,584,252 | $1,357,893 |
| Parx | $5,653,586 | $4,567,619 | $1,085,966 | $0 | $1,133,289 | $1,787,890 |
| Harrah's Philadelphia | $3,625,000 | $2,752,311 | $309,510 | $563,179 | $455,772 | $1,212,463 |
| Live Philadelphia | $2,508,693 | $2,321,818 | $186,875 | $0 | $430,054 | $919,029 |
| Mohegan Sun Pocono | $2,396,400 | $1,864,942 | $531,458 | $0 | $449,422 | $750,328 |
| Wind Creek | $2,007,179 | $1,920,622 | $86,557 | $0 | $599,516 | $634,769 |
| Presque Isle Downs | $414,826 | $300,282 | $114,544 | $0 | $2,699 | $158,191 |
| Total | $139,661,152 | $104,824,119 | $32,177,304 | $2,659,730 | $26,932,625 | $42,166,777 |
