Pennsylvania April Sports Betting Handle is Down 14.4%
Coming off an impressive March Madness sports betting run, Pennsylvania continued to hold its own in April
Pennsylvania registered a total sports betting handle of $479.4 million in April, a 14.4% drop from March’s $560.3 million and up 941.8% from April 2020 ($46 million, when coronavirus concerns had shut down all casinos and most sports). For comparison, Pennsylvania topped $600 million ($615.3 million) in total sports betting handle in January, the record for the state.
Gross sports wagering revenue in April was $26.3 million, a decline of 10.4% from the March total of $29.35 million and up 812% from April 2020 ($2.9 million), according to official monthly figures released Tuesday by the Pennsylvania Gaming Control Board.
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The PGCB reported that the combined total revenue generated from all forms of gaming during April was a record $404.1 million, up from March’s $403.1 million. This was the second straight month, and the second time ever, the combined revenue topped $400 million.
April mobile sports betting numbers dropped slightly to $439 million, down 14.6% from March’s $514.3 million and up 854.2% from April 2020 ($46 million), according to the figures released by the state gaming board. Mobile was 91.6% of the total sports wagering handle, on par with March’s 91.8%.
Pennsylvania Sports Betting, April vs. March
|Total Handle||Mobile Handle||Gross Revenue|
|Change||Down 14.4%||Down 14.6%||Down 10.4%|
Other Key Gaming Numbers in PA
For online casino gaming, interactive slots revenue was $62.6 million, down 5.7% from March’s $66.4 million. Interactive slots handle was $1.752 billion in April, a slight 0.1% dip from March ($1.754 billion).
The Barstool Sports online casino app from Penn National Gaming went live in Pennsylvania in early May. It is Keystone State’s 16th online casino. In addition to Pennsylvania, online casino games are legal in New Jersey, Delaware, West Virginia and Michigan.
Interactive banked table games produced gross revenue of $27.68 million, down 4.1% from March’s $28.9 million. Aprl's interactive banking tables handle was $1.490 billion, down 1.6% from March’s $1.514 billion.
April’s table games gross revenue came in at $77.8 million, up 9.1% from March’s $71.3 million. Retail slots handle posted $2.447 billion, up 1.2% from March’s $2.417 billion and retail slots gross terminal revenue slightly increased to $201.3 million, up 1.1% from March $199.2 million.
Online poker saw Mount Airy/PokerStars collect $2.345 million in rake and tournament fees in April. That was a slight decrease from February’s $2.4 million.
Valley Forge/FanDuel Continues to Lead
Valley Forge Casino in King of Prussia, just outside of Philadelphia, with its FanDuel sportsbook, had $169.9 million in total handle in April. That was down from $205.9 million in March.
The Meadows near Pittsburgh posted $106.9 million, a decline from March’s $118.4 million. It partners with DraftKings.
Hollywood Casino/Barstool Sports’ handle of $58.6 million was down from March’s $65.2 million, but it had just $136,986 in taxable gross revenue after seeing $3.7 million in March. The Rivers casinos in Philadelphia and Pittsburgh, with BetRivers online sportsbooks, combined for about $43.5 million, a drop from the $55 million in total sports handle for March.
PA Drop on Par with NJ
Some key states with legal sports betting that have reported April figures have seen declines from March. It was not unexpected.
New Jersey’s total sports betting handle for April was $748 million, down 13% from March’s $859.6 million, according to figures released by the state on May 14. April’s overall sports betting revenue in New Jersey came in at $54.8 million, a decrease of 9.7% from March’s $60.8 million.
Michigan, which also released its April figures on May 14, had $274.2 million in total sports handle. That was down 28.5% from March ($383.7 million).
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