Sports News
| Published On Feb 21, 2026 12:58 am CET | By Daniel Li

Pennsylvania Betting Handle Falls But Revenue Jumps In January

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Pennsylvania began 2026 with lower betting volume but stronger sportsbook earnings, according to figures released by the Pennsylvania Gaming Control Board.


Good to Know

  • Online handle declined nearly 10 percent year over year to $747.8 million.
  • Taxable revenue climbed to $67.6 million, far exceeding last January performance.
  • Higher hold rates helped operators earn more from fewer wagers.

Online sportsbooks accepted $747.8 million in wagers during January, a noticeable drop from the $830.4 million recorded in the same month last year. That earlier period benefited from heightened interest during a playoff run that ended with a Super Bowl victory for the Philadelphia Eagles.

January of this year lacked a comparable postseason storyline. An early playoff exit aligned with softer betting engagement across the state, contributing to the decline in wagering activity.

Despite reduced volume, operators generated $67.6 million in taxable revenue, a 37.5 percent increase from a year earlier. The state collected $23 million in taxes, matching that same growth rate.

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Performance reflects a broader national pattern in which sportsbooks rely more heavily on efficiency rather than raw volume. Improved hold percentages allowed operators to convert each betting dollar into greater revenue.

FanDuel Holds Top Spot While Competitive Gap Persists

FanDuel once again led the Pennsylvania market through partnerships with Valley Forge and Live! Casino Philadelphia. The operator processed $274.8 million in online wagers and produced $27.5 million in revenue, though both figures declined year over year by 17 percent and 4.2 percent.

DraftKings, aligned with Hollywood Casino at The Meadows, reported $234 million in handle and $22.6 million in revenue. Those results represented increases of 7 percent in handle and 51.1 percent in revenue compared with last January.

Fanatics, partnered with Hollywood Casino York, generated $55.6 million in wagers and $5.5 million in revenue. That marked a turnaround from the same period last year when the sportsbook posted a $1.9 million loss.

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BetMGM, operating through Hollywood Casino Morgantown, recorded $49 million in handle and $3.6 million in revenue. Handle fell 27.5 percent, yet revenue still rose 7.6 percent.

BetRivers accepted $32.3 million in wagers, down 10.3 percent year over year, while revenue improved 12.3 percent to $1.8 million.

theScore Bet, formerly ESPN BET and partnered with Hollywood Casino at Penn National, posted $30.7 million in handle and $2.3 million in revenue. Wagering declined 23.7 percent, but revenue increased more than sixfold.

Caesars, tied to Harrah’s, generated a $22.4 million handle and $872,398 in revenue. Handle dropped 17 percent, while revenue rose 66.3 percent.

Daniel Li

A day trader in cryptocurrencies and avid sports bettor himself, Daniel decided to join the team and share his expertise with the iGaming.org audience. Areas of interest are global crypto regulations and the adoption of cryptocurrency use in the world. Daniel loves to work hard and write “how to guides” related to sports betting to share his take on various topics.