NFL Fuels PA Sportsbooks to $645M September, DraftKings Closes Hole

PA sportsbooks take $645.2 million in September bets thanks to NFL start

Figures launched on Monday by the Pennsylvania Gaming Management Board present the true energy that NFL betting brings for the state’s playing trade. Pennsylvania sportsbooks dealt with $645.2 million within the month of September, a $282 million improve from August and an 11.5% improve from final 12 months. Income in September was $75.3 million, a 56% MoM improve from August.

PA on-line casinos (together with poker) recorded the second largest month ever reaching $139.7 million in gross income. Pennsylvania on-line casinos set the report for gross income again in March with $147.7 million.

The state is predicted to cross the $1 billion threshold for on-line on line casino tax income subsequent month.

September 2022 numbers for Pennsylvania sports activities betting

Figures from the Pennsylvania Gaming Management Board:

  • Deal with: $645.2 million (78% MoM improve)
  • Income: $75.3 million/adjusted gross income (taxable): $25.1 million
  • Maintain: 11.7% (up 0.1% from final month)
  • % of bets positioned on-line: 92.4%
  • Promotional credit: $25.1 million
  • September sports activities betting taxes: $17.1 million to the state and $1 million to native entities.
  • Prime sports activities betting app by deal with: FanDuel Sportsbook with $211 million
  • Prime sports activities betting app by income: FanDuel Sportsbook ($32.9 million)

Full September income breakdown under.

September 2022 numbers for on-line casinos and poker in PA

  • On-line slots income: $104.8 million
  • On-line desk video games income: $32.2 million
  • Poker income: $2.7 million

Full September income breakdown by PA on line casino licensee under.

Fast evaluation from August PA sports activities betting and on line casino figures

PA sports activities betting September takeaways

  • PA sportsbooks proceed to see robust year-over-year progress (deal with up 11.5% YoY) right here in Yr 4 of on-line NFL betting. The summer season slide is over as sportsbooks generated the third-highest month in deal with in 2022. Sportsbooks proceed their spectacular maintain numbers, recording a second straight month above 10%. In June, Pennsylvania sportsbooks’ maintain share was 5.8%.
  • FanDuel has constantly maintained market share of 38-42% for on-line bets positioned in PA however had a lot stiffer competitors in September. Final month, DraftKings Sportsbook trailed FanDuel by simply $5 million in whole deal with, the closest in deal with they’ve ever been since launching in November 2019. FanDuel nonetheless has the sting on maintain with 15.7% in comparison with DraftKings’ 8.2%.
  • PA has settled into No. 5 nationally by way of sports activities betting deal with, behind NY, IL, NJ, NV.

PA casinos September takeaways

  • On-line slots ($104,824,119) and on-line desk video games ($32,177,304) proceed to indicate robust year-over-year progress, up 26.8% and 22.1% respectively. They’re additionally serving to to gas general PA gaming income progress, which was up 7.9% 12 months over 12 months to $448.5 million.
  • On-line casinos had their second-best month ever in September posting $139.7 million in income. Pennsylvania has 18 on-line casinos and nonetheless loads of room to develop with extra on the way in which.
  • PA on-line casinos have introduced in $993 million in lifetime tax income for PA and native entities in simply over 3 years. They’ll quickly surpass $1 billion lifetime.

PA sports activities betting deal with & income by operator September 2022

Licensee On-line Model Deal with Income Maintain 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 Nationwide 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 Parx $17,431,946 $2,221,252 12.7% $685,296
Hollywood York PointsBet $12,002,721 $1,288,300 10.7% $144,420
Mount Ethereal Fox Wager $9,296,514 $927,215 10.0% $309,221
Mohegan Solar Pocono Unibet $7,363,494 $583,584 7.9% $135,367
Reside 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
Reside Pittsburgh $1,356,021 $216,956 16.0% $78,104
Parx Shippensburg $352,159 $82,641 23.5% $29,751
Complete $645,242,681 $75,319,093 11.7% $18,078,109

PA on-line on line casino income by operator September 2022

Licensee Complete Income Slots Tables Poker Promos Taxes
Hollywood Penn Nationwide $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 Ethereal $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
Reside Philadelphia $2,508,693 $2,321,818 $186,875 $0 $430,054 $919,029
Mohegan Solar 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
Complete $139,661,152 $104,824,119 $32,177,304 $2,659,730 $26,932,625 $42,166,777

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