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Pennsylvania sports betting revenue

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Checked by Melanie H.Lorella F.

The Pennsylvania Gaming Control Board (PGCB) releases detailed information about Pennsylvania sports betting revenue every month.

It can be a lot to sort through, so we’ve done the highlighting, clearly explaining everything you should know about PA betting and the revenue it generates.

Find our detailed breakdown of Pennsylvania online sports betting revenue figures below, including details on which operators have contributed the most to Pennsylvania sports betting tax revenue.

PA sports betting revenue — Historical totals

A sports betting handle is an excellent way to measure the interest in sports betting for a state; it tells you how much money was spent by bettors during a specific period. Pennsylvania has the third-largest betting handle of any US state, and Pennsylvania’s sports betting revenue total is likewise the third highest in the country.

However, Pennsylvania sports betting tax revenue is the second highest of all US, even higher than New Jersey’s, whose sports handle is 78% bigger. The considerable tax revenue has been collected thanks to Pennsylvania’s high tax rate on operators, which charges every sportsbook 36% of revenues.

Check out the all-time Pennsylvania sports betting revenue stats below.

  • Total Betting Handle: $18,892,157,142
  • Total Sportsbook Revenue: $1,387,039,943
  • Total Betting Tax: $366,674,401

Of course, this is sportsbook specific, and the overall numbers for PA gambling tax are even higher.

All-time stats by operator

Here, we break down the handle, revenue, and taxes of each gambling license holder, highlighting both their offline and online operations.

License holderOnline sportsbookSports betting handleSports betting revenueSports betting taxes
Hollywood Casino Penn NationalBarstool Sportsbook$1,451,310,926$104,578,340$23,963,355
Rivers PhiladelphiaPlaySugarHouse Sportsbook$1,039,389,949$76,183,744$23,380,380
Rivers PittsburghBetRivers Sportsbook$1,165,950,580$91,676,677$24,217,745
Parx CasinobetPARX$873,487,416$80,538,106$25,484,083
Harrah’s PhiladelphiaCaesars Sportsbook$260,403,731$14,541,233$3,816,054
Valley Forge CasinoFanDuel Sportsbook$6,965,982,494$635,152,950$163,630,939
Mount Airy CasinoFOX Bet$557,532,466$40,460,906$10,365,030
Mohegan Sun PoconoUnibet Sportsbook$273,148,402$23,391,896$3,555,436
Hollywood Casino at the MeadowsDraftKings$4,344,527,991$258,055,114$63,772,457
Wind Creek CasinoBetfred$51,631,033$3,753,967$506,274
Hollywood Casino MorgantownBetMGM$1,270,939,951$99,975,763$6,776,529
Live! Casino PhiladelphiaBetway$143,256,828$10,765,451$3,875,562
Hollywood Casino YorkPointsBet$152,716,892$12,071,200$1,452,825
Presque IsleTwinSpires$164,013,347$15,859,998$4,345,816
Parx at MalvernN/A$3,744,959$515,236$185,485
Live! Casino PittsburghN/A$27,970,036$2,724,928$980,974
Mohegan Lehigh ValleyN/A$36,296,581$3,268,277$1,176,580
South Philadelphia Race and SportsbookN/A$96,481,255$12,229,464$4,402,607
Oaks Race & SportsbookN/A$13,372,305$1,292,702$465,373

Month-on-month stats

This table details PA online sports betting revenue month-on-month, highlighting revenue, handle, and tax from legalization until the end of 2022.

Month, yearSports betting handleSports betting revenueSports betting taxes
November 2018$1,414,587$508,997$183,239
December 2018$16,173,090$2,007,592$722,733
January 2019$32,011,839$2,607,215$938,597
February 2019$31,500,742$1,946,817$700,854
March 2019$44,527,575$5,519,340$1,986,962
April 2019$36,769,145$4,221,482$1,519,734
May 2019$35,934,215$2,861,852$1,030,267
June 2019$46,334,244$3,126,380$740,455
July 2019$59,331,959$5,079,633$1,026,769
August 2019$109,038,051$9,887,738$2,201,406
September 2019$194,504,622$19,334,816$5,359,994
October 2019$241,186,066$19,116,777$5,381,370
November 2019$316,468,264$20,570,772$5,299,447
December 2019$342,560,389$17,459,091$4,094,813
January 2020$348,381,708$31,580,803$8,222,829
February 2020$329,765,782$11,432,097$1,700,011
March 2020$131,330,059$8,606,120$2,480,132
April 2020$46,015,988$3,202,680$1,038,050
May 2020$77,510,033$5,918,697$1,738,436
June 2020$89,002,562$7,959,790$2,397,657
July 2020$164,782,229$13,651,865$2,933,093
August 2020$364,985,422$27,593,677$6,578,668
September 2020$462,787,392$18,277,566$2,257,158
October 2020$525,802,524$47,834,647$13,239,694
November 2020$491,910,713$48,500,443$13,446,089
December 2020$548,590,065$45,344,348$12,261,434
January 2021$615,294,827$49,305,268$12,229,343
February 2021$509,547,820$33,171,120$5,896,731
March 2021$560,259,181$41,029,269$10,566,844
April 2021$479,411,021$36,033,727$9,466,734
May 2021$447,465,027$37,419,313$9,988,735
June 2021$420,193,377$42,495,332$12,321,187
July 2021$304,415,503$27,482,519$7,148,225
August 2021$348,520,369$25,315,958$6,482,608
September 2021$578,760,746$48,113,670$10,171,365
October 2021$776,277,954$42,282,405$8,471,813
November 2021$761,574,597$84,921,693$22,922,758
December 2021$750,388,696$37,953,474$6,774,396
January 2022$793,722,787$53,403,655$11,581,176
February 2022$597,064,049$22,160,553$159,425
March 2022$714,976,578$48,512,264$10,944,209
April 2022$572,817,741$49,083,331$12,120,141
May 2022$493,350,519$47,828,553$12,603,546
June 2022$393,494,222$22,889,554$4,597,039
July 2022$336,507,932$33,226,517$9,160,020
August 2022$363,046,972$42,185,145$12,223,188
September 2022$645,242,681$75,319,093$18,078,109
October 2022$797,124,732$61,519,576$14,585,047
November 2022$789,230,672$69,997,949$19,037,133
December 2022$754,849,873$71,238,770$19,664,738

Annual stats

The annual figures for Pennsylvania sports betting revenue, stretching from to 2018 to 2022.

YearSports betting handleSports betting revenueSports betting taxes
2018$17,587,677$2,516,589$905,972
2019$1,490,167,111$11,731,913$30,280,668
2020$3,580,864,477$269,902,733$68,293,251
2021$6,552,109,118$505,523,748$122,440,739
2022$7,251,428,759$597,364,960$144,753,771

PA sports betting revenue — Latest updates

  1. January 2023: The PGCB announces that Pennsylvania sports betting revenue increased 17.61% from 2021 to 2022.
  2. October 2022: The PGCB announces it expects a boost in Pennsylvania sports betting tax revenue thanks to the launch of two new retail sportsbooks in 2023. In addition, the Board also expects PA online sports betting revenue to increase thanks to the expected launch of several online betting sites.
  3. September 2022: After a unanimous vote, the PGCB agrees to renew the license of Rivers Casino Pittsburgh, the retail partner of BetRivers.
  4. June 2022: The Penn Entertainment-owned Hollywood Casino at the Meadows gets its license renewed by the PGCB following a unanimous vote. The Hollywood Casino is partnered with DraftKings.

Insights into the revenue

So what can these betting handles tell us? Well, one obvious thing is the impact of online sports betting. Online wagering was legalized simultaneously with retail sports betting after Governor Tom Wolf signed HB 271 in 2017. However, the first betting sites didn’t launch until May 2019.

Pennsylvania sports betting apps are responsible for most of the revenue, since mobile is the more popular betting platform.

Surprisingly, the Pennsylvania sports betting tax revenue and handle dropped in May 2019 compared to the April 2019 numbers. However, the summer months are traditionally slower months for sports betting in the US, as the NFL, NBA, college football, and college basketball reach their off-seasons.

The best way to show the impact of online betting is a comparison between January 2019 and January 2020. Thanks to the NFL playoffs, January is traditionally one of the most significant betting months. The 2020 handle in PA, the first with online sports betting, is a 988% increase on the handle from 2019.

You can also see the impact of Pennsylvania online sports betting from individual betting handles, which show all of the highest totals are produced by casinos partnered with an online sportsbook. The only exception to this rule is Wind Creek Casino. 

Learn more about PA sports betting

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FAQ

How is Pennsylvania sports betting tax revenue used?

Currently, all Pennsylvania sports betting tax revenue is sent to the Pennsylvania General Fund. Pennsylvania charges a 36% tax rate for all sportsbooks to operate. The state has collected the second-highest tax revenue of any US state. 

Where can I find Pennsylvania sports betting revenue?

You can find details about Pennsylvania sports betting revenue on this page. Our experts have given a detailed breakdown of PA online sports betting revenue, including which operators have handled the most bets. We’ve also given some insight into how new launches have boosted the sports betting market in Pennsylvania. The Pennsylvania Gaming Control Board (PGCB) also releases monthly stats.

What is the difference between retail revenue and PA online sports betting revenue?

PA online sports betting revenue is figures collected from the 14 online sportsbooks licensed by the Pennsylvania Gaming Control Board. Retail revenue is collected from land-based casinos licensed to offer a retail sportsbook. PA online sports betting revenue contributes the most to the overall betting handle, as shown by the increase in the market since online betting went live in May 2019.

Do I have to pay taxes on my sports betting winnings in Pennsylvania?

Yes, every bettor in the US needs to pay taxes to the IRS on sports betting winnings. Your sportsbook can withhold up to 25% of your winnings for tax purposes, and if you win more than $600 in a year, you may need to fill out a W-2G form. You must also declare all your winnings to the IRS, even if you collect less than $600.

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