The Pennsylvania Gaming Control Board has published February’s Sports Wagering Report detailing full month returns from sports betting at Hollywood Casino at Penn National Race Course, SugarHouse Casino, Rivers Casino, Parx Casino, South Philadelphia Race and Sportsbook, and Harrah’s Philadelphia.
The monthly report, which provides a breakdown of the total handle collected, gross revenue, and taxes paid to the Commonwealth, revealed a total handle of $31,500,742 at the six sportsbooks, down by 1.6 per cent on January. While the drop in handle was barely noticeable, the 25.4 per cent plunge in revenue from $2,607,215.09 in January to $1,946,816.50 was significant.
|Hollywood Casino at Penn National Race Course||$3,742,820||$13,914||$5,009|
|South Philadelphia Race and Sportsbook||$2,601,651||$275,877||$99,316|
The board also reported that sports betting revenue generated state tax (34% of adjusted gross revenue) of $661,918 and Local Share Assessment (2% of adjusted gross revenue) of $38,936. Future reports, it added, will include additional facilities as they launch sportsbooks including Valley Forge Casino Resort and Valley Forge Race and Sportsbook which each opened in March.