Hollywood Casino Harrisburg Pa Sports Betting Results
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Hollywood Casino Harrisburg Pa Sports Betting Schedule
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Pennsylvania’s sports betting market continues to outdo itself. Sportsbook operators combined to post a record-breaking $525.8 million handle in October. PA joins Nevada and New Jersey as the third state to surpass the $500 million mark for monthly sports betting handle.

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It’s the third consecutive month PA sportsbooks have shattered their own record for handle. Only four months into the 2020-21 fiscal year, sports betting handle in Pennsylvania has surpassed the $1.5 billion mark.

Legal, regulated sports wagering in Pennsylvania moved out of the hanger, onto the launch pad achieving blast off Saturday morning at the Hollywood Casino at Penn National Race Course in Grantville. It’s now the first venue to accept legal sports bets in the Keystone State, situated about 100 miles northeast of Philadelphia, near Harrisburg. Pennsylvania sportsbooks The first retail sportsbook to begin accepting wagers was Hollywood Casino at Penn National back in November 2018. They have since been joined by nearly a dozen other retail sports betting locations spread throughout the state. List of licensed PA retail sportsbooks. HOllywood Casino at Penn National Race COurse Hollywood Casino at Penn National Race Course features a variety of entertainment options, including slots, table games, live thoroughbred and simulcast racing, and an array of casual and fine dining options.

By Marc Levy - Associated Press The Hollywood Casino, north of Harrisburg, was one of two sites to be awarded a sports betting license by Pennsylvania regulators on Wednesday.
Hollywood Casino was first out of the gate of the five Pennsylvania casinos licensed to offer sports betting because it quickly converted an existing room used for simulcasting horse racing into a sportsbook.

Today is the second anniversary of the start of legal sports betting in Pennsylvania. Hollywood Casino launched Pennsylvania’s first legal sportsbook with partner William Hill on Nov. 17, 2018.

Total handle increased a modest 13% from the previous month. However, revenue skyrocketed from $6.2 million in September to $36.8 million in October. About 90% of wagers were placed on PA online sportsbooks, according to figures released by the Pennsylvania Gaming Control Board.

FanDuel online sportsbook held its lead in PA with handle of $181 million.

Record revenue for PA sports betting

The previous record for revenue was set in January 2020, when operators combined for $22.8 million. Why the September revenue slip? There are various factors, such as futures bets being paid out, a big promotional push to start the NFL season and bookmakers adjusting lines in the age of COVID-19 and no preseason.

October proved to be a treat for PA sportsbook operators. Not only did they break the record for handle (again), but $36.8 million in revenue more than doubles the previous record. The state collected $12.5 million from sports betting taxes in October 2020, with another $736,000 for local taxes.

It was also a banner month in New Jersey. For the third consecutive month, New Jersey broke the all-time sports betting handle record. In October, New Jersey recorded an $803 million handle, beating September’s record $748.5 million.

FanDuel shatters PA record for monthly revenue

FanDuel took 35% of all wagers in October, a decrease from 41% in September. The PA market-leading sportsbook app saw revenue rise month over month from $2.3 million to $14.7 million. It shattered the record for revenue for a PA online sportsbook.

DraftKings cracked the $100 million handle threshold last month, and it appears there is no looking back. It held on to second place by taking $121 million in wagers.

Hollywood Casino Harrisburg Pa Sports Betting Results

After finishing in the red for revenue last month (-$1.2 million), DraftKings hit $6.5 million in revenue. It’s the highest revenue the DraftKings sportsbook app has recorded since its launch in November 2019.

First full month of Barstool Sportsbook figures

The much-anticipated Barstool Sportsbook, through its partnership with Hollywood Casino, made its entrance in mid-September. The new book took about $30 million in bets, gave away $2.1 million worth of promotions and finished its first (half of a) month in the red for gross revenue (-$2.8 million).

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October provided a better picture. Barstool Sportsbook had handle of $61 million and revenue of about $3 million. If its October number proves to be consistent, that would solidify its place as the No. 3 sportsbook app in PA.

PA sports betting handle & revenue by operator in October 2020

Sports Betting Operator	Total Handle	Total Revenue	Online Handle	Online Revenue	Retail Handle	Retail Revenue
Valley Forge Casino (FanDuel)	$184,932,295	$15,642,025	$180,995,438	$14,706,169	$3,936,857	$935,856
The Meadows Casino (DraftKings)	$123,398,250	$6,847,709	$121,026,099	$6,471,318	$2,372,151	$376,391
Hollywood/Penn National (Barstool)	$63,802,151	$3,423,797	$60,991,768	$2,962,659	$2,810,383	$461,138
Rivers Pittsburgh (BetRivers)	$36,186,443	$2,464,954	$26,080,884	$1,448,815	$10,105,559	$1,016,139
Rivers Philadelphia (PlaySugarHouse)	$32,442,650	$2,454,790	$21,375,284	$1,469,606	$11,067,366	$985,184
Parx Casino	$29,852,182	$3,268,017	$21,735,668	$2,143,025	$8,116,514	$1,124,992
Mount Airy Casino (Fox Bet)	$29,005,321	$1,168,890	$28,241,392	$1,085,889	$763,929	$83,001
Mohegan Sun Pocono (Unibet)	$11,758,422	$391,487	$9,856,139	$101,458	$1,902,284	$290,029
Presque Isle Downs (BetAmerica)	$4,791,624	$598,964	$912,236	$15,076	$3,879,387	$583,888
Harrah's Philadelphia (Caesars)	$3,848,985	$357,081	$1,061,095	$66,241	$2,787,890	$290,840
South Philly Race & Sportsbook	$3,785,766	$477,047	N/A	N/A	$3,785,766	$477,047
Mohegan Sun Lehigh Valley	$1,998,436	-$317,835	N/A	N/A	$1,998,436	-$317,835
Total	$525,802,524	$36,776,926	$472,276,003	$30,470,256	$53,526,521	$6,306,670

Other PA online sportsbooks in October:

Fox Bet (Mount Airy): $28.2 million in handle (up from $24 million), $1 million revenue
Rivers Casino Pittsburgh: $26 million in handle (up from $24 million), $1.4 million revenue