Key Takeaways From the PA April Sports Betting Report

PennStakes.com

By Lou Monaco

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.

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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 casinos in the state from the COVID-19 crisis and vaccinations ramping up in the state also helped.

Pennsylvania Sports Betting, April vs. March

Total HandleMobile Handle Gross Revenue
April$479.411M$439.066M$26.296M
March$560.259M $514.336M $29.352M
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

April mobile numbers dropped slightly to $439 million, down 14.6% from March’s $514.3, according to the figures released by the state gaming board Tuesday.

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.

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WRITTEN BY
PennStakes.com
Lou Monaco
Lou Monaco had been East Coast Scene columnist for Gaming Today in Las Vegas since June 2019, covering the East Coast sportsbook scene with emphasis on NJ and PA. He also currently is a part-time writer for the high school sports department for NJ Advanced Media (NJ.com) in Iselin, NJ. Lou has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.
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Lou Monaco had been East Coast Scene columnist for Gaming Today in Las Vegas since June 2019, covering the East Coast sportsbook scene with emphasis on NJ and PA. He also currently is a part-time writer for the high school sports department for NJ Advanced Media (NJ.com) in Iselin, NJ. Lou has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.
... Read More