The summer months have not been kind to the Pennsylvania sports betting industry.
In July Pennsylvania sports betting declined, marking the third consecutive month of a decrease in handle. However, that’s expected as most states have endured the same decreases during a month with a thin sports calendar.
Pennsylvania Sports Betting, July vs. June
|Total Handle||Mobile Handle||Gross Revenue|
|Change||Down 27.6%||Down 27.4%||Down 42.0%|
Philadelphia Phillies, then what?
The Phillies have been surprising contenders in the National League East Division race and remain so, only 2½ games out behind the Atlanta Braves for the top spot as of Wednesday afternoon.
We shall see if this attracts bettors over August and September, whether on mobile or at on-site sportsbooks.
But that the highlight sports-wise around the Keystone State.
ONLINE GAMING IMPRESSIVE
The numbers for online gaming in PA were stellar in July.
Table games gross revenue for July came in at $86.92 million, up 12% from June’s $77.58 million and breaking the monthly record of $82.527M set in March 2019.
Interactive slots handle saw an uptick to $1.745 billion, up a nice 5.5% from June’s $1.654 billion and its gross revenue also was positive, posting $63.22 million, up 4.6% from June’s $60.45 million.
Retail slots handle saw a nice rebound of $2.761 billion, up 18.5% from June’s $2.330 billion. Retail slots gross terminal revenue saw a significant jump as well, coming in at $222.874 million, up 21.8% from June’s $182.971 million.
Football Around The Corner
The NFL's Philadelphia Eagles and Pittsburgh Steelers are underway with preseason games, and with college football around the corner as well, all of these numbers should increase in over the next few months as we head into 2022.