Coming off an impressive March, Pennsylvania had a strong April with the total sports handle at $479.4 million. The state also announced that total gaming revenue was $404.1 million dollars, eclipsing its own revenue record achieved last month of $403.1 million.
Here are three takeaways from Pennsylvania’s April numbers:
April Numbers Show Impressive Steadiness
With the help of Villanova's run to the Sweet 16 in last month’s NCAA Men’s Basketball Tournament, history shows wagering numbers usually come down a bit the following month.
That was the case in the Keystone State, but to a smaller scale as some states had seen. The 14.4% decline was similar to what New Jersey (13%) saw in April. This bodes well for the state moving forward as the NBA playoffs begin, the Pittsburgh Penguins are in the NHL playoffs and the Philadelphia Phillies try to contend in the National League East.
The reopening of brick-and-mortar PA Casinos in the state from the COVID-19 crisis and vaccinations ramping up in the state also helped.
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Pennsylvania Sports Betting, April vs. March
|Total Handle||Mobile Handle||Gross Revenue|
|Change||Down 14.4%||Down 14.6%||Down 10.4%|
Sixers An Asset Over Next Couple of Months
The Philadelphia 76ers, the top seed in the NBA Eastern Conference, could be an asset to the betting public over the next couple months. With an expected advancement from the first round, the Sixers could face the resurgent New York Knicks or the upstart Atlanta Hawks in the conference semifinals as we hit June. As long as they survive and advance, betting interest will be high in the Keystone State.
Mobile Hits More Than 90% Again
Mobile was 91.6% of the total sports wagering handle, on par with March’s 91.8%. It has consistently been over 90% on mobile.