The Pennsylvania Gaming Control Board has published January’s Sports Wagering Report which encompasses full month and partial month returns from the state’s six fully operational sportsbooks.
Full month takes were recorded by Hollywood Casino at Penn National Race Course in Dauphin; SugarHouse Casino in Philadelphia; and Rivers Casino in Pittsburgh. Partial month returns came from Parx Casino in Bucks County; Parx South Philadelphia Turf Club in Philadelphia; and Harrah’s Philadelphia in Delaware County.
Collectively, the six registered the biggest monthly take yet with more than $32m wagered on sporting events in January, resulting in gross revenue of $2.6m and a hold of 8.1 per cent. The bigger handle, however, generally failed to translate to increased revenue as clearly shown by SugarHouse Casino which saw nearly $10.8m wagered yield just $103,523.
In terms of pecking order, SugarHouse led the field, followed by Rivers Casino, Parx Casino, Hollywood Casino at Penn National Racecourse, Parx South Philadelphia Turf Club and Harrah’s Philadelphia. The handle, revenue and tax breakdown is tabled below.
|Hollywood Casino at Penn National Race Course||$4,817,151||$284,624||$102,465|
|Parx South Philadelphia Turf Club*||$858,130||$91,835||$33,061|
|*includes revenue generated during two-day test periods prior to commencing regular operations.|