![]() However, this handle is down about 19.9% from March 2022 due to a slower sports calendar. May 19, 2022: Pennsylvania sportsbooks report a $572 million handle for April, which marks a 19.5% increase from last April.Here are some of the most recent developments in Pennsylvania’s sports betting industry: Since launching in 2019, the Pennsylvania sports betting industry has grown rapidly, and more sportsbooks continue to open in the state. This contrasts PA’s online casino and poker room licenses which allow an unlimited number of skins per license. Each licensed casino is permitted to have one online skin. All online sportsbooks in Pennsylvania must be partnered with a land-based casino.Sports betting revenue in Pennsylvania is subject to a 36% tax rate.Operators who want to open a sportsbook in Pennsylvania must pay a one-time $10 million licensing fee.However, you cannot place individual prop bets on college athletes. Unlike some other states with legal online sports betting, Pennsylvania does allow residents to bet on college sports, including in-state college teams.Pennsylvania’s sports betting industry set its all-time record in January 2022 with a handle of more than $794 million.The state boasts one of the country’s largest sports betting markets, featuring over a dozen sportsbook apps, including DraftKings, FanDuel, and BetMGM. Online sports betting has been legal and active in Pennsylvania since 2019. ![]()
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