Last month allegedly saw the six fledgling sportsbooks at Pennsylvania bring some $938,597 in taxation after their aggregated earnings hit $2.6 million from a joint handle that reached marginally in excess of $32 million.
Rising earnings:
Based on official Friday figures in the Pennsylvania Gaming Control Board, the pooled revenue tally for January represented a month-on-month swell of almost 30% while its handle was over 97% better off.
New trio impresses:
The sanctioned data denoted an aggregated hold of 8.1% and comes after January saw the eastern state welcome new sportsbooks into Parx Casino, Harrah’s Philadelphia and Parx South Philadelphia Turf Club. The figures in the Pennsylvania Gaming Control Board also showed that these 3 facilities generated collective monthly sportsbetting earnings of over $1.3 million while their handle came in at marginally in surplus of $6.8 million.
Launched players slow:
For the longer-established sportsbooks in SugarHouse Casino, Hollywood Casino in Penn National Race Course and Rivers Casino Pittsburgh, the January figures showed their joint earnings from sports wagering had fallen by 38 percent month-on-month to $1.2 million though their aggregated handle had enhanced by some 55.5% to hit $25.1 million.
The data in the PA Gaming Control Board suggested that Rivers Casino Pittsburgh had experienced an almost 20% month-on-month diminution in monthly sportsbetting earnings to $853,316 while its January handle had skyrocketed by almost 71 percent to over $9.5 million.
Similarly, SugarHouse Casino near Philadelphia saw its January sportsbetting revenues decline by 84 percent month-on-month to $103,523 despite a greater 94% rise in related monthly handle to $10.8 million.
However, it might seem that Hollywood Casino in Penn National Race Course was the eastern state’s biggest January failure after the Dauphin County centre saw its sportsbook earnings dipped by 4.8% month-on-month to $284,624 in partnership with a 4.6% decline in handle to $4.8 million.
