Pennsylvania Online Casino Revenue Hits Record High in May

Pennsylvania Online Casino Revenue Hits Record High in May

There are more than 20 states in the US that have legalised sports betting since PAPSA was struck down in May, 2018. New Jersey broke the national sports betting record for five consecutive months from August and generated $996.3 million in December alone. Pennsylvania recorded similar growth through 2020.

Pennsylvania became the fourth US state to legalise online gambling. The Hollywood Casino at Penn National Race Course took the first legal sports bets in the state in mid-November 2018. DraftKings and similar platforms also allow punters to wager both online and through mobile devices in PA.

Pennsylvania is second only to Nevada in total commercial casino revenues. In May, total taxable iGaming revenues for PA broke into nine figures for the first time. The state's year-on-year growth rate for online gambling was 81% in May. i gaming operators alone pay a total of $41.5 billion in state and local taxes through May in Pennsylvania. New Jersey legalized sports betting in January. Pennsylvania's online casinos and poker rooms peaked at $54.4 million in July and $55.9 million last August.

Pennsylvania Online Casino Revenue Hits Record High in May. Online gambling is becoming increasingly lucrative in PA. DraftKings and FanDuel are among the operators accepting bets in Pennsylvania.

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New Jersey gambling revenue grows despite June sportsbook decline

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