PA Sportsbooks High $754.8M In December Bets; Income Up 88% YoY

The Eagles helped boost the PA sports betting handle in December.

Pennsylvania sportsbooks had one other robust month exceeding $754.8 million in December betting deal with. This completed barely down from November’s $789.2 million deal with. It’s a year-over-year improve of 0.6% from December 2021.

Sports activities betting income hit $71.6 million for the month, which is up 1.7% month-over-month however up a whopping 87.7% in comparison with December 2021.

“Despite the fact that the year-over-year progress inside the PA sports activities betting market is leveling off, figures had been robust once more within the month of December,” mentioned Chris Imperiale, Managing Editor of PlayPennsylvania. “PA sportsbooks accepted $754.8 million in whole deal with, because of a number of consideration on the Eagles and the NFL. This ended up about 5.3% shy of October’s document displaying, however nonetheless marks a slight uptick in wagers in comparison with December 2021.”

December 2022 numbers for Pennsylvania sports activities betting

Figures from the Pennsylvania Gaming Management Board:

  • Deal with: $754.8 million (4.4% MoM lower; 0.6% YoY improve)
  • Income: $ 71.6 million (22.0% MoM improve; 190.0% YoY improve) / Adjusted Gross Income (taxable): $54.6 million
  • Maintain: 9.5(up from 8.9% final month)
  • % of bets positioned on-line: 93.3%
  • Promotional credit: $16.6 million
  • December sports activities betting taxes: $18.6 million to the state and native entities
  • High sports activities betting app by deal with: FanDuel Sportsbook with $290.3 million
  • High sports activities betting app by income: FanDuel Sportsbook with $34.2 million

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