Pennsylvania Sportsbooks Awake From Slumber As Handle Increases In August for the First Time Since Spring

Posted By Katie Kohler on September 20, 2021

Like the sweet taste of the first sip of pumpkin spice, Pennsylvania sportsbooks started to get a small taste of what NFL and college football would bring in 2021. Handle in August was $348.5 million, a 14% increase from July. Sportsbooks reported $25.3 million in revenue, a 7.8% decrease from the previous month, according to figures released by the Pennsylvania Gaming Control Board.

In August, and since sports betting apps launched in PA in the summer of 2019, the majority of wagers (91%) were placed online. Sportsbooks’ win percentage/hold for the month was 7.3%, a decrease from 9% in August.

Pennsylvania collected $6.1 million in taxes from sports betting and an additional $360,145 went to local entities.

FanDuel continues to rule. They reign as the top sportsbook in Pennsylvania for handle ($135.7 million) and revenue ($5.6 million).Through its partnership with Valley Forge Casino, FanDuel took nearly 42% of all bets placed online in PA in July.

PA sportsbooks awaken in August

August marked the first month since March 2021 that handle has increased at PA sportsbooks. Since the NCAA tournament ended, sportsbooks have experienced an expected  decline. August offered NFL preseason action, a handful of college football games, and futures betting which provided a small spark.

Dustin Gouker, lead analyst for the network, which includes PlayPennsylania commented:

An inglorious exit from the NBA playoffs, the struggles of the Pittsburgh Pirates, and the inconsistency of the Phillies, conspired to make this a relatively slow summer for Pennsylvania’s sportsbooks. It took just a handful of games in August to show how important football is to the sports-betting industry.”

FanDuel online sportsbook took 51% more bets than its next closest competitor. DraftKings maintains a firm grip on the No. 2 spot in PA with an August handle of $81 million and $8.2 million in revenue. BetMGM edged out Barstool PA sportsbook for the No. 3 spot with $28.4 million in handle compared to Barstool’s $28 million handle.

How did other states fare in August? In New Jersey in August, handle jumped 15% month-over-month to $665 million. Michigan online sportsbooks took  $192.3 million in bets in August.

PA sports betting handle & revenue by operator in August 2021

LicenseeOnline BrandTotal HandleTotal RevenueOnline HandleOnline RevenueRetail HandleRetail Revenue
Valley ForgeFanDuel$137,356,071$5,970,766$135,670,860$5,666,220$1,685,211$304,546
Hollywood MorgantownBetMGM$28,397,169$2,553,294$28,397,169$2,553,294$0$0
Hollywood Penn NationalBarstool$27,902,318$2,200,365$26,276,900$2,132,868$1,625,419$67,497
Rivers PittsburghBetRivers$17,593,146$1,362,066$13,156,357$882,274$4,436,789$479,792
Rivers PhiladelphiaSugarHouse$15,386,504$866,449$10,332,466$692,350$5,054,037$174,099
Mount AiryFox Bet$9,030,245$764,022$8,597,984$749,103$432,261$14,918
Mohegan Sun PoconoUnibet$5,008,088$394,281$4,234,885$307,601$773,204$86,680
Presque IsleTwinSpires$4,179,484$355,332$2,283,874$147,448$1,895,610$207,883
Live PhiladelphiaBetway$3,677,364$386,050$617,954$18,818$3,059,411$367,232
Harrah's PhiladelphiaCaesars$3,101,629$305,103$1,235,436$73,785$1,866,193$231,318
South Philly OTB$1,779,967$219,035$0$0$1,779,967$219,035
Wind CreekWind Creek$1,018,354$95,993$521,601$78,195$496,752$17,798
Lehigh OTB$960,097$76,222$0$0$960,097$76,222
Live Pittsburgh$830,643$153,944$0$0$830,643$153,944
Hollywood York$420,747$150,564$0$0$420,747$150,564

August fantasy sports figures

DFS had an increase in revenue. Fantasy operators reported $1.6 million in revenue, a small bump from $1.5 million in July. FanDuel ($854,143) and DraftKings ($749,182) account for nearly all of the DFS revenue in PA.

Lead Image: FanDuel Sportsbook at Valley Forge Katie Kohler.

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Katie Kohler

Katie Kohler is a Philadelphia-area based award-winning journalist. She is the Managing Editor at PlayPennsylvania and covers the Pennsylvania gambling industry with an emphasis on sports betting, online casino/poker and the lottery.

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