Pennsylvania Sportsbooks Win In July Despite Low Handle; Wind Creek Breaks Record For Table Games Revenue

Written By Katie Kohler on August 17, 2022 - Last Updated on August 18, 2022
PA sportsbooks July 2022

Pennsylvania sportsbooks continued their summer slumber in July. Sportbooks took $336.5 million in bets in the slow sports month of July. Just like in 2021, handle has dropped from April to July. However, revenue increased in July to $33.2 million (a 45% MoM jump). It was a good month the sportsbooks (and not for bettors) as the hold (9.9%) was up from the 5.8% win rate last month.

Pennsylvania online casino and poker sites stayed strong and collected $123.2 million in gross revenue.

The Pennsylvania Gaming Control Board reported that revenue for all forms of gambling in the state reached $429 million during the month of July, a 1.2% increase from last year’s number. The Pennsylvania gambling industry is coming off a record-breaking fiscal year where revenue passed $5 billion for the first time ever.

July 2022 numbers for Pennsylvania sports betting

Figures from the Pennsylvania Gaming Control Board:

  • Handle: $336.5 million (14.4% MoM decrease)
  • Revenue: $33.2 million/adjusted gross revenue (taxable): $25.4 million
  • Hold: 9.9% (up from 5.8%)
  • Percent of bets placed online: 93%
  • Promotional credits: $7.7 million
  • July sports betting taxes: $8.6 million to the state and $508,890 to local entities.
  • Top sports betting app by handle: FanDuel Sportsbook with $124.9 million
  • Top sports betting app by revenue: FanDuel Sportsbook ($14.9 million)

PA sports betting handle & revenue by operator July 2022

LicenseeOnline Brand(s)HandleRevenueHoldTaxes
Valley ForgeFanDuel$125,911,263$15,008,45211.9%$4,386,097
Hollywood MeadowsDraftKings$76,743,375$5,288,4836.9%$1,646,637
Hollywood MorgantownBetMGM$42,366,381$3,839,2269.1%$488,978
Hollywood Penn NationalBarstool$21,256,091$2,087,1489.8%$574,662
Rivers PittsburghBetRivers$17,115,127$1,635,5439.6%$462,937
Rivers PhiladelphiaPlaySugarHouse$12,129,095$1,281,51410.6%$418,443
ParxParx$9,829,676$1,059,75710.8%$312,080
Hollywood YorkPointsBet$8,361,475$837,33710.0%$163,463
Mount AiryFox Bet$5,181,318$345,2786.7%$96,710
Live PhiladelphiaBetway$5,138,890$487,9269.5%$175,653
Mohegan Sun PoconoUnibet$4,471,902$388,5728.7%$87,081
Harrah's PhiladelphiaCaesars$2,477,516$238,2229.6%$85,760
Presque IsleTwinSpires$1,931,053$230,85112.0%$82,633
Wind CreekWind Creek$1,031,784$152,60014.8%$54,466
South Philadelphia Race & Sportsbook$1,025,439$129,44912.6%$46,602
Downs at Lehigh Valley$841,239$129,33615.4%$46,561
Live Pittsburgh$509,547$36,2777.1%$13,060
Parx Malvern$186,761$50,54727.1%$18,197
Total$336,507,932$33,226,5179.9%$9.160,020

July 2022 numbers for online casinos and poker in PA

  • Online slots revenue: $96.5 million
  • Online table games revenue: $23.9 million
  • Poker revenue: $2.7 million

PA online casino revenue by operator in July 2022

LicenseeTotal RevenueSlotsTablesPokerPromosTaxes
Hollywood Penn National$49,419,587$37,818,948$11,325,297$275,341$10,834,272$14,537,359
Rivers Philadelphia$31,918,733$28,804,491$3,006,028$108,214$7,200,041$10,651,764
Valley Forge$18,635,608$11,538,832$7,096,775$0$1,180,145$6,004,067
Mount Airy$6,232,151$3,614,543$980,181$1,637,427$1,747,651$1,293,578
Parx$5,397,543$4,755,213$642,330$0$1,281,992$1,735,187
Harrah's Philadelphia$3,499,870$2,413,519$342,210$744,141$342,951$1,142,650
Live Philadelphia$3,232,098$2,961,165$270,932$0$832,506$1,043,819
Wind Creek$2,435,533$2,277,335$158,198$0$847,456$697,355
Mohegan Sun Pocono$1,732,888$1,720,238-$37,349$0$373,635$650,427
Presque Isle Downs$709,928$598,347$111,581$0$2,539$297,883
Total$123,213,939$96,552,632$23,896,183$2,765,124$24,643,189$38,054,089

Wind Creek breaks record for table games

Wind Creek Casino broke a Pennsylvania record for table games revenue. The Betlehem casino brought in $23.6 million in table games revenue in July. It represents a nearly 42% YoY increase.

A spokesperson for the PGCB confirmed to PlayPennsylvania that it was a state record for table game revenue for the Commonwealth. Last month, Wind Creek reported $18.2 million in table game revenue.

Quick takeaways from PA sports betting and casino figures

  • Neighboring New Jersey also experienced a similar July. New Jersey sportsbooks took $531.9 million in bets during July, a 16% MoM decrease. Revenue for NJ sportsbooks increased 17% to $45 million.
  • FanDuel continues its dominance in Pennsylvania. In July, FanDuel took 40% of all wagers placed online. The next closest competitor for market share? DraftKings who took about 24% of all bets placed online in PA.
  • Unlike sportsbooks, which are subject to seasonality and the lingering impact of COVID on the sports calendar, PA online casinos have established a strong rhythm. Online casino revenue in July was $123.2 million, down from $126 million in June. Penn National’s brands (Hollywood, DraftKings, BetMGM, Barstool) are the market leaders in PA.
  • In an interview earlier this month with Casino Update, Parx Chief marketing officer Marc Oppenheimer noted that they are not losing visitors but business is down for slots.

“The spend-per-trip, especially for certain segments, is down significantly, and that’s where the loss in revenue is coming. People have to have discretionary income and discretionary time for us to do well and right now they don’t have discretionary income.”

Parx led all PA casinos with $33.6 million in slot revenue. However it was a 12.6% YoY decline.

Lead image Derik Hamilton/AP

Katie Kohler Avatar
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Katie Kohler

Katie Kohler is a Philadelphia-area based award-winning journalist and Managing Editor at PlayPennsylvania. Katie especially enjoys creating unique content and on-the-ground reporting in PA. She is focused on creating valuable, timely content about casinos and sports betting for readers. Katie has covered the legal Pennsylvania gambling industry for Catena Media since 2019.

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