Pennsylvania sports betting revenue declines again in May
The Pennsylvania sports betting market has reported a second consecutive month of decline, with revenue falling to 32.2% to $2.9m in May.
Total handle also declined, falling 2.3% month-on-month to $35.9m, according to the latest figures from the Pennsylvania Gaming Control Board, though the launch of online sports betting suggested that the market will significantly pick up going forward.
Online bettors staked $573,163 on Rush Street’s SugarHouse-branded site over four days. This included a series of live tests from May 28-30, before its official launch on May 31. The operator generated revenue of $38,753 over the period.
This saw SugarHouse top the market, with total online and land-based betting revenue amounting to $711,845, a 8.9% drop from April. Total stakes at the soon-to-be rebranded venue rose marginally to $7.9m, with the online contribution offsetting a fall in retail wagers.