Pennsylvania s sports betting market produces 6 5bn in wagers for 2021

Pennsylvania’s online and retail betting outlets reported $750m in sports wagers and a record $127

Pennsylvania’s online and retail betting outlets reported $750m inwards sports wagers and a book $127.6m inward online cassino revenue for December.

According to PlayPennsylvania, the res publica also brought in over $6.5bn inward sports wagers for the good twelvemonth 2021, $122.5m inwards revenue enhancement revenue from sports betting and around $1.3bn in online cassino revenue.

During the finally month of 2021, Pennsylvania’s sportsbooks recognised $750.4m inwards wagers, up 37% year-on-year; however, December’s betting loudness went pile by 2% compared to November.

December generated $38m inwards receipts revenue for sportsbooks, knock down 16% year-on-year. After $19.1m in promotional spending, sportsbooks reported $18.8m inwards nonexempt revenue, and $6.8m inward res publica taxes and local share assessments.

For the year, Pennsylvania’s retail and online sportsbooks produced $6.5bn in wagers, upwardly 83% compared to the previous year; $6bn inward online wagering, upwardly 84% from 2020; $505.5m in porcine revenue, upwards 87% and $122.5m inward res publica taxes, upwards 79% from the previous year.

For the month, online sportsbooks produced 92% of the state’s handle, with FanDuel topping the online marketplace with $246.8m inwards wagers. DraftKings followed with $204.7m inward wagers and BetMGM came in third with an $83.5m handle.

Retail sportsbooks recognised $57.1m inward wagers for December, down pat(p) from $57.5m for the previous month.

Online casinos and stove poker rooms produced a enter $127.6m inwards revenue gaming revenue for December, upwards 18% year-on-year.

For December, online casinos games and salamander rooms generated $102.1m inward taxable revenue, which produced $42.5m in say taxes and local assessments.

Pennsylvania was the second-largest US marketplace for online casinos for 2021, generating $1.3m inward revenue gaming revenue from online casinos games and stove poker rooms (up 91% from 2020) and $466.4m in state taxes.

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