Pennsylvania’s sports betting industry earns sizeable return for March

The Pennsylvania Gaming Control Board has posted the sports wagering report for the month of March, showing the new industry earned just over $5.5 million in revenues. Six venues have been fully operational during the entire month, while two were open only partially. In total, the sports betting handle came in at just over $44.5 million, which is the amount wagered by players.

Participating Venues:

For the entire month of March, the following gaming venues were in operation in Pennsylvania:

• Hollywood Casino at Penn National Race Course
• Harrah’s Philadelphia
• Parx Casino
• Rivers Casino
• SugarHouse Casino
• South Philadelphia Race and Sportsbook

On March 13^th, the Valley Forge Casino Resort opened their sportsbook. The next day, on the 14^th, the Valley Forge Race and Sportsbook was open for business. The monthly report by the Gaming Control Board includes a breakdown of handle (bets placed), revenues and taxes paid. The top earner for the month was Rivers Casino. The venue brought in $1,344,398 in revenues from $11,901,967 in wagers. The casino paid just over $483,000 in taxes to the state.

Coming in at second place was the SugarHouse Casino. Their sportsbook saw a handle of $9,223,827 while the revenues were $1,237,301. A total of $445,428 was paid in taxes. Parx Casino finished third for the month, earning $984,339 from a handle of $7,965,932.

Additional totals include:

Statewide Totals:

In total, the sports betting industry for Pennsylvania saw an overall handle of $44,527,574. Revenues came in at $5,519,340. The total taxes paid were $1,986,962. Of this amount, $1,876,576 went to the state. A smaller $110,386 went to the local share assessment.