Pennsylvania Posts Record-Setting Sports Betting Month in January

It was a record month for sports betting and Pennsylvania online casinos.

The state posted a record-high monthly sports betting handle of $793.7 million for January, up 5.8% from December’s $750.4 million and was 29% more than January 2021’s $615.3 million. The previous record came in October 2021 when the state took in $776.3 million in bets.

Pennsylvania’s January online handle of $737.4 million was also a new record, 6.4% more than December’s $693.3 million and 27.2% higher than January 2021’s $579 million.

The state’s past online handle record also came in October 2021 when mobile betting took in $714.1 million in wagers. Mobile betting made up 92.9% of the overall market.

The state’s January gross sports betting revenue (taxable) was $32.2 million, 71% more than December’s $18.8 million and down 5.3% from January 2021’s $33.9 million.

Pennsylvania Sports Betting, January vs. December

Pennsylvania Gaming Records

Pennsylvania’s table games gross revenue was $78.2 million for January, a decline of 6.2% from December’s $83.4 million.

The state’s interactive slots handle came to $2.04 billion, down 3.9% from December’s $2.1 billion.

Pennsylvania’s interactive slots gross revenue of $71.8 million was a new monthly record, up 4.4% from December’s $68.8 million. The old mark was $70.7 million in October 2021.

January’s retail slots handle was $2.3 billion, down 11.5% from December’s $2.5 billion. The retail slots gross terminal revenue was $168.4 million, a decline of 13.8% from December’s $195.5 million.

Pennsylvania’s interactive banking tables handle was $2 billion, down 4.6% from December’s $2.1 billion. Interactive banking tables gross revenue was a record-high $33.1 million, an increase of 9.4% from December’s $30.3 million. The previous monthly high was $31.4 million back in May 2021.

PointsBet Debuts in Pennsylvania

PointsBet Sportsbook became the latest sportsbook to go live in Pennsylvania on Feb. 10. Pennsylvania is the 10th operational state for the sportsbook, following launches in New Jersey, Iowa, Indiana, Illinois, Colorado, Michigan, West Virginia, Virginia and New York.

"PointsBet is the best in the business, and it's exciting to be able to bring the top-rated sports betting app to Pennsylvania, especially the enthusiastic and supportive fans in Philadelphia!" said PointsBet brand ambassador Allen Iverson. "I know speed and agility, and PointsBet's superior technology and live same game parlay capabilities for NBA and NFL games are where it's at."

PointsBet is the official sports betting partner of NBC Sports and plans to utilize the media’s television and digital assets to promote the PointsBet brand in Pennsylvania. Fans can expect to see exclusive PointsBet gameday integrations in Phillies, 76ers and Flyers games.

“Pennsylvania ranks as one of the top five sports betting markets in the U.S. and is supported by forward-thinking leaders at the state's Gaming Control Board,” PointsBet USA CEO Johnny Aitken said in a media release. “We appreciate the opportunity to bring the fastest online sports betting product and an unrivaled in-game betting experience to the fans of Pennsylvania."