Pennsylvania Sets New Sports Betting Handle Record In October
Pennsylvania sports betting grew by double digits year-over-year and set a new state deal with record in October.
- Pennsylvanians bet over $968 million throughout a heavy volume month.
- Gross revenue significantly enhanced from the previous October, behind a higher win rate.
- iGaming income likewise reached a state high in October.
The Steelers, Eagles, Phillies, 76ers, and Flyers all competed in Pennsylvania during one of the greatest sports months of the year, however this October was particularly high volume.
The Pennsylvania Gaming Control Board (PGCB) recently reported that $968.5 million was bet at online and retail sportsbooks for the month, up from the $858.1 million in October 2024.
The heavy deal with was significantly greater than the previous record of $935.5 million from November 2024.
Improvement for books
A a lot more operator-friendly October resulted in a 9.5% hold, generating $91.8 million in gross income, a 58% year-over-year spike. Last October, sportsbooks had a hard time across the country versus bettors. In Pennsylvania, the win rate rose nearly 3 points compared to a year ago.
Online sports betting in Pennsylvania generated $926.1 million in wagers and all however $4.5 million of the gross profits, while retail sportsbooks were responsible for $44.2 million of the record manage.
Sportsbooks declared changed gross earnings of $60.7 million after $31.1 million in promotional credits. The state's 34% tax rate caused an operator payout of $20.6 million, while another $1.2 million from a 2% local rate pushed the total tax income over $21 million for the month and went beyond $60 million for the first 4 months of the .
DraftKings sets new mark
FanDuel led all operators with a $355.1-million deal with, and a 9.4% hold produced $33.5 million in gross earnings. The online operator paid out $15.4 million in marketing credits, leaving FanDuel with $18.1 million in taxable earnings.
Despite cutting its promotion spending in half, DraftKings still set its all-time high manage at $297.7 million, and the operator recovered $27.2 million in gross profits. It's changed gross from simply $3.9 million throughout a heavy-spending September to $21.7 million in October.
Fanatics Sportsbook created the third-most dollars wager with $65.4 million, a 66% year-over-year manage increase, and an 8.7% hold. BetMGM's 11.7% win rate on gross income was the greatest of any operator in the Keystone State in October, and it assisted produce $6.8 million from a $58-million deal with.
It was also a great month for bet365, which recovered 10.8% on a $41-million manage that ranked 5th in the state. BetRivers produced $34.8 million in wagers for the month, while Caesars' handle surpassed $25 million.
iGaming sets record
The PGCB reported a new iGaming adjusted earnings record in October at $251.1 million, beating out the previous high of $238.2 million embeded in March. Profits were up 32.8% compared to October 2024, and gross earnings surpassed $300 million.
The Keystone State's operators paid $73.3 million in iGaming taxes to the state, the highest ever. Tax earnings from online gambling establishments eclipsed $660 million in 2025.