SugarHouse Casino Sportsbook Was Number One In PA During January

SugarHouse Casino Sportsbook Was Number One In PA During January

SugarHouse Sportsbook In PA

Last week, the Pennsylvania Gaming Control Board released numbers for its rapidly expanding sports betting market, doubling handle from the previous month from $16 million to $32 million.

The increase in handle, which is a measure of total wagers, was in large part due to a full month of reporting for three sportsbooks and partial month reporting for another three new sportsbooks that entered the market during the month.

A look at January PA sportsbook numbers

Philadelphia’s SugarHouse Casino took over the lead in the state, accepted nearly $10.8 million in bets for the month. In becoming the number one PA sportsbook in January, SugarHouse overtook Rivers Casino. The Parx Casino, the largest casino in Pennsylvania, entered its first month of operation and generated nearly $5.4 million in bets. The Hollywood Casino Sportsbook, which was the first sportsbook to launch when they want live in November, saw a slight decrease from December.

Two other sportsbooks saw their debut on the monthly revenue report. The Parx Casino’s other sportsbook, which is located at the Philadelphia Turf Club, generated a modest $858,130 in wagers over half a month while Harrah’s Philadelphia accepted $615,704 in wagers over the final week of January.

CasinoDecember HandleJanuary HandleJanuary Handle (Per Day)January RevenueJanuary Tax
SugarHouse Casino$5,539,553$10,795,121$348,229$103,523$37,268
Rivers Casino$5,581,806$9,543,112$307,842$853,316$307,194
Parx Casino*x$5,382,620$224,275$1,170,348$421,325
Hollywood Casino at Penn National Race Course$5,051,730$4,817,151$155,391$284,624$102,465
Parx South Philadelphia Turf Club*x$858,130$50,478$91,835$33,061
Harrah’s Philadelphia*x$615,704$61,570$103,569$37,285
Statewide Total$16,173,089$32,011,839$1,032,639$2,607,205$938,597

A look ahead to next month

February’s Pennsylvania sportsbook performance will be released about 4 weeks from today. It will include the most interesting report to date, as six PA sportsbooks release a full month of data for the first time. Add this to the fact that February numbers will include Super Bowl wagering, and we will get our clearest indication yet of the trend of PA sports betting.

In addition to the six sportsbooks that have launched across the state, two additional PA casinos have approved sportsbooks in development. The Valley Forge Sportsbook, which will partner with FanDuel, expects to launch a sportsbook sometime in the first half of 2019. Presque Isle Downs and Casino, which was approved earlier this month, has not yet revealed a date for their launch.

Attention will then turn to online sportsbooks, which are expected to go live during 2019 despite concerns of a new Department of Justice opinion on the Wire Act.