Sports Betting in Pennsylvania Numbers Go Down in February
Pennsylvania sports betting experienced the same decrease in February that other states have reported.
The state posted a sports betting handle of $597.1 million, down 24.8% from January’s $793.7 million but was 17.2% higher than February 2021’s $509.5 million.
Pennsylvania’s online sports betting handle was $558.1 million, a decrease of 24.3% from January’s $737.4 million and was an 18.8% increase from February 2021’s $469.7 million. Mobile betting made up 93.5% of the state’s overall sports betting market.
February’s gross sports betting revenue in Pennsylvania was -$442,847. In January it was $32.2 million and $16.4 million in February 2021.
It’s been common to see lower sports betting totals reported for February. The month is the shortest of the year and besides the Super Bowl, there are no regularly scheduled marquee football games for people to bet on. March typically sees sportsbooks bounce back thanks to March Madness betting.
Pennsylvania Gaming Figures
Pennsylvania’s February table games gross revenue was $74.4 million, down 4.9% from January’s $78.2 million.
The interactive slots handle for the month was $1.99 billion, a decrease of 2.1% from January’s $2 billion.
Pennsylvania’s interactive slots gross revenue $68.1 million, down 5.2% from January’s $71.8 million.
February’s retail slots handle was $2.49 billion, an increase of 10.5% from January’s $2.25 billion.
The state’s retail slots gross terminal revenue was $194.7 million, up 15.6% from January’s $168.4 million.
Interactive banking tables posted a handle of $2.05 billion in February, up 0.7% from January's $2.04 billion.
February’s interactive banking tables gross revenue came to $31.4 million, a decrease of 5% from January’s $33.1 million.
Pennsylvania Sports Betting, February vs. January
| Total Handle | Mobile Handle | Gross Revenue | |
|---|---|---|---|
| February | $597.064M | $558.109M | Minus-$0.443M |
| January | $793.723M | $737.443M | $32.170M |
| Change | Down 24.8% | Down 24.3% | ------ |
New betPARX App Live in Pennsylvania
On Wednesday, Greenwood Gaming & Entertainment Inc., the parent company of Parx Casino in Pennsylvania, announced the launch of the new betPARX app in Pennsylvania. The app is also available in New Jersey.
Powered by online gambling software supplier Playtech, the app allows the company to operate in both Pennsylvania and New Jersey. According to the company, the app offers, “a simple, quick and easy platform to wager on all sports as well as play mobile-centric casino games in both states.”
The sports betting features on the app allow bettors to go through a fast and secure sign-up process in under a minute. Bettors can also deposit and withdraw funds quickly during all 24 hours in a day.
New users who sign up will get a $20 casino bonus or a $20 free sports bet. They will also get a 100% deposit match up to $750 and 500 free casino spins or a free sports bet if their first wager is graded as a loss.
“We are incredibly proud to be launching betPARX in conjunction with an industry-leading technology provider in Playtech,” Matthew Cullen, Senior Vice President of iGaming and Sports for betPARX said in a media release.
“We’ve made the sign-up, deposit and cash-out processes as simple and smooth as anything in the industry. Plus, we’ve created a product that ensures a great experience to any user, casino or sports. We invite everyone to download and play betPARX® and remember that today just might be your day!”
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