Pennsylvania Sports Betting Revenue Up 60.7% to $54.5 Million in February

Pennsylvania sports betting revenue rose sharply in February 2026 even as betting volume fell. New figures from the Pennsylvania Gaming Control Board showed sportsbooks turned a smaller handle into a much bigger monthly win.

Good to Know

• Pennsylvania sportsbooks reported $54.5 million in gross revenue in February, up 60.7% from $34 million a year earlier.
• Total sports betting handle fell 21.7% to $592.5 million, the lowest monthly amount since August.
• Operators posted a 9.2% hold in February, more than double the rate from February 2025.

Pennsylvania bettors wagered $592.5 million during February, but sportsbooks kept far more of that money than they did a year earlier. Gross revenue reached $54.5 million, helped by a much stronger hold and lower promotional spending.

A year ago, the Super Bowl result hurt operators in the state because the Eagles won the NFL title and cut into sportsbook revenue by more than $6 million. In February 2026, that pressure was gone. Sportsbooks took in $24.7 million on the Super Bowl between the Seattle Seahawks and New England Patriots.

Online Books Drove Nearly All of the Revenue

Online betting continued to carry the market. Mobile sportsbooks handled $568.9 million of the total wagered amount and produced all but $513,600 of total revenue. Retail locations played only a small role by comparison.

Promotional spending also helped operators keep more revenue. Sportsbooks spent 37% less on promo wagers than they did in February 2025. That gave the state a much better tax result as well. Pennsylvania collected $12.9 million from taxable sports betting revenue of $37.3 million after taking in less than $3 million one year earlier.

FanDuel Stayed on Top as Fanatics Held Third Place

FanDuel led the state again with a February-best handle of $191.5 million. A 12.6% hold turned that into $24.2 million in gross revenue. Even with that result, revenue was still about $3 million lower than in January.

DraftKings followed with $179.4 million in wagers and $14.5 million in revenue, good for an 8.1% hold. Fanatics stayed in third place with a $49.5 million handle and $4 million in revenue.

BetMGM generated $3.2 million from $40.7 million in wagers, while bet365 cleared $3.1 million on nearly $35 million in handle. BetRivers and theScore Bet both came close to $2 million in gross revenue. Caesars finished just under $1 million for the month.

Pennsylvania gaming as a whole also had a strong February. Total gaming revenue reached $547.1 million, up 14.6% from a year earlier. iGaming revenue climbed 15.5% to $239.9 million, which helped produce more than $111 million in state tax revenue from online slots, table games, and poker.