One would think that the historic season the Philadelphia Eagles are having would mean the state’s sports betting market would have another big increase in November.
Fact is, with Pennsylvania sports betting and iGaming official November monthly figures released by the Pennsylvania Gaming Control Board (PGCB) Monday, it was more a matter of maintaining what had been established in October.
There were records set, though, in iGaming.
Sportsbooks in the Keystone State posted a total sports betting handle (retail, mobile) of more than $789.23 million, marking a 1% downward tick from October’s state record of more than $797.13 million. However, the number was a 3.6% increase from November 2021 ($761.57 million).
Mobile PA sports betting apps for November had an uptick of 0.4% to more than $735.52 million from October’s ($732.36 million). It also was a nice 4.5% increase from November 2021 ($704.07 million).
Mobile sports wagering had an increase of 1.3% from 91.9% of the market in October to 93.2%.
There was a huge increase in gross sports betting revenue (taxable) for November as it went up 30.5% from October ($40.51 million), posting at more than $52.88 million. The number was actually down from November 2021 ($63.67 million).
State tax revenue generated in November from sports wagering was more than $17.97 million, a good $4.13 million increase from October.
You always can find revenue reports at PennStakes.com. You also can find PA sports betting promotions.
State Records Hit Again for iGaming
Gross revenue for interactive slots and banking tables each broke their state records from just a month ago.
Remember: Sports betting is big business, but so is Pennsylvania gambling sites
The state is joined only by neighboring New Jersey, Delaware and West Virginia, as well as Michigan and Connecticut, in offering mobile slots and table games such as baccarat and blackjack.
Nevada joins the group for online poker.
November’s mobile interactive slots gross revenue for the state posted at more than $86.61 million (new record), up 0.3% from October’s old mark of more than $86.31 million.
Interactive slots handle was $2.467 billion, up 1.6% from October ($2.428 billion).
Mobile interactive banking tables gross revenue for the month was over $39.47 million (new record), a solid increase of 10.6% from October’s old record of more than $35.69 million.
Handle for interactive banking tables posted at more than $2.261 billion, up 2.9% from October’s $2.198 billion.
Table games gross revenue posted at more than $79.23 million, a downward tick of 0.8% from October’s $79.85 million.
Retail slots handle for November posted at more than $2.455 billion, down 5.1% from October ($2.588 billion). Retail slots gross terminal revenue surpassed $185.56 million, a 6.8% decrease from October ($199.05 million).
Check this site for tips on navigating Pennsylvania online gambling apps.