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With The Kickoff Of Football Season, Pennsylvania’s Sportsbooks Generate $109 Million Handle

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Pennsylvania bettors jumped at their first chance to legally bet on football, pushing the state’s online and retail sportsbooks to new heights. In all, Pennsylvania sportsbooks attracted a record $109 million in bets in August, offering a first glimpse into the power of football betting, according to PlayPennsylvania.com analysts.

“Sports bettors almost universally bet on football, so it is no surprise that even with just one full week of college football games and NFL futures to bet on, that Pennsylvania would experience a significant uptick,” said Jessica Welman, sports betting analyst for PlayPennsylvania.com. “But with the NFL season now underway and more sportsbooks online, August’s successes are just a precursor to much bigger things ahead.”

According to official data released on Monday, the handle from online and retail sportsbooks was up 84% from the previous record of $59.3 million set in July. Combined, online and retail bets yielded $9.9 million in revenue in August, up from $5.1 million in revenue in July. August’s “win” injected $2.1 million into state and local government coffers.

The four online sportsbooks that operated in Pennsylvania in August grabbed an increasing share of the total sports betting market. Online bets increased from $39 million in July to $83.2 million in August, representing 76% of the state’s total handle, up from 65.7% in July. By comparison, about 85% of sports bets in New Jersey are made online.

“Online betting in Pennsylvania will continue to increase its share of the state’s handle to a level on par with New Jersey,” Welman said. “To that point, the early-September launch of Fox Bet — the first major sports media-branded betting site in any state — is an interesting development that should gain bettors’ attention. And other online sportsbooks are planning on launching this fall.

The growth of FanDuel Sportsbook at Valley Forge Casino, which enjoyed its first full month of operation in August, is another key reason why the future of online sports betting is bright. FanDuel — a brand that dominates both the retail and online markets in New Jersey — attracted $35.3 million in online bets in August, yielding $2.9 million in revenue and overtaking SugarHouse Casino as the market leader. SugarHouse generated $25 million in online bets, up from $22.2 million in July. That generated $1.7 million in revenue for SugarHouse.

SugarHouse and FanDuel were followed in the online market by:

  • Rivers ($16.9 million online handle, up from $9.9 million in July; $1 million online revenue, up from $773,642)
  • Parx Casino ($6 million online handle, up from $3.6 million; $620,573 revenue, up from $333,070)

SugarHouse took the retail market lead in August, accepting $5.4 million bets, up from $4.3 million in July. That yielded $816,768 in revenue. SugarHouse was followed by:

  • Parx ($5 million handle, up from $3.6 million; $722,945 revenue, up from $414,730)
  • Rivers ($4.9 million handle, up from $4.4 million in July; $631,012 revenue, up from $384,576)
  • Valley Forge Casino ($2.5 million handle, up from $1.8 million; $175,330 revenue, up from $168,146)
  • Hollywood Casino at Penn National Race Course ($2.1 million handle, up from $1.8 million; $309,171 revenue, up from $196,188)
  • South Philadelphia Race and Sportsbook ($2 million handle, up from $1.9 million; $337,680 revenue, up from $150,074)
  • Harrah’s Philadelphia ($1.9 million handle, up from $1.7 million; $251,296 revenue, up from $186,574)
  • Presque Isle ($1.2 million handle, up from $162,781; $282,384 revenue, up/ from $45,469)
  • Oaks Race and Sportsbook ($942,856 handle, up from $789,502; $48,230 revenue, down from $110,553)

“Even if FanDuel’s ascension is all but inevitable, its first full month in the online market was impressive,” Dustin Gouker, lead analyst for PlayPennsylvania.com. “To take over the market lead so quickly shows the strength of the FanDuel brand. However, competition for market supremacy should remain fierce.”

Online casinos post strong first full month

SugarHouse, Parx and Penn National casinos enjoyed their first full month of online casino games in August, and generated $3.4 million in gross revenue on $111.8 million in wagers. That is up from $812,306 in July revenue and $49.2 million in bets. The revenue injected $985,155 into state coffers.

Sugarhouse led the way with $1.6 million in revenue on $40.9 million in bets, followed by Parx ($1.1 revenue, $53.1 million wagers), and Penn National ($684,452 revenue, $17.8 million in wagers). But as strong as August was, many more online casinos are in the works this fall, according to PlayPennsylvania.com analysts.

“It will take a few more months before we get a clear picture of Pennsylvania’s online gambling market, but the early returns are positive,” Gouker said. “This market should grow dramatically before the end of the year, working with online sportsbooks to grow exponentially in the coming months.”

For more information on the revenue generated by Pennsylvania sports betting, visit www.playpennsylvania.com/sports-betting/revenue.

 

About the PlayUSA.com Network:
The PlayUSA.com Network is a leading source for news, analysis, and research related to the market for regulated online gaming in the United States. With a presence in over a dozen states, PlayUSA.com and its state-focused branches (including PlayNJ.com and PlayPennsylvania.com) produce daily original reporting, publish in-depth research, and offer player advocacy tools related to the advancement of safe, licensed, and legal online gaming options for consumers. Based in Las Vegas, the PlayUSA Network is independently owned and operated, with no affiliations to any casino — commercial, tribal, online, or otherwise.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: With The Kickoff Of Football Season, Pennsylvania’s Sportsbooks Generate 9 Million Handle

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Stretch Network Unveils Major Updates to Spin & Go Tournaments – Launching February 17!

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Stretch Network is excited to announce upcoming changes to its Spin & Go tournaments, which are designed to elevate the player experience, boost engagement, and improve retention for operators.

The new updates are crafted in response to valuable player feedback and are aimed at optimizing the tournament structure and gameplay dynamics.

Here’s what’s changing:

  • Better Multiplier & Prize Structure – These adjustments will create a more dynamic and exciting game experience, keeping players engaged with every spin.
  • Lower Rake (Now 7%) – This reduction increases player value, ensuring more rewards and greater appeal to players.
  • Optimized Game Speed – With a 20BB starting stack, the tournament action will be quicker and more engaging.
  • Faster Blind Levels – The new 2-minute intervals for blind levels will enhance the pace of play, keeping tournaments thrilling and engaging.
  • Hold’em-Exclusive Format – The focus will now be solely on Hold’em, offering a more consistent and streamlined experience for players.
  • Simplified Navigation – The updated interface ensures a smoother user experience, making navigation seamless for players.
  • New Buy-In Tiers – Players can now choose from a broader range of buy-ins from €0.5 to €100, making the tournaments more accessible to players at every level.

These updates will drive better player retention, more frequent tournaments, and increased liquidity for operators. To complement the changes, Stretch Network will soon launch a special Spin & Go Challenge promotion, helping operators acquire and engage more players. Keep an eye out for more details!

For more information and partnership opportunities, contact Stretch Network today.

 

The post Stretch Network Unveils Major Updates to Spin & Go Tournaments – Launching February 17! appeared first on European Gaming Industry News.

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CHESS GRANDMASTER MAXIME VACHIER-LAGRAVE SIGNS FOR TEAM VITALITY

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Today, Team Vitality is delighted to announce Chess Grandmaster, Maxime ‘MVL’ Vachier-Lagrave as the club’s new professional chess player. The signing will see the French native represent Team Vitality on international competitive stages, strengthening the club’s competitive portfolio as well as participating in wider community activations, bridging together the global esports and chess community.

The signing follows Team Vitality identifying the competitive chess landscape as an incredible opportunity, experiencing an unprecedented global boom with millions of players and fans engaging with the game like never before. In 2023 alone, the Chess.com app was downloaded 80 million times, contributing to an astonishing one billion games played each month. The game’s influence extends beyond the board, with chess content amassing six billion views on YouTube, proving its growing impact in both competitive play and digital culture.

MVL, TEAM VITALITY’S NEW CHESS STAR

Considered one of the best chess players in the world, Maxime Vachier-Lagrave joins Team Vitality as a five-time winner of the Biel Grandmaster Tournament, a two-times winner of the prestigious Sinquefield Cup, and champion at the World Blitz Championship in 2021. He also notably achieved the title of Grandmaster at the age of 14 – making him one of the youngest Grandmasters in history at the time, before winning the Junior world championship title in 2009.

For most of his career, MVL has been ranked among the top 10 players in the world by the World Chess Federation (FIDE) and is widely recognised for his expertise in the Najdorf Sicilian and the Grünfeld Defense – two of the most complex and dynamic chess openings. Utilising his exceptional skills, analytical thinking and passion for chess, the signing will look to strengthen Team Vitality’s competitive portfolio while inspiring the next generation of chess players and fans alike.

Currently ranked World #7 in Rapid chess, MVL will be representing Team Vitality in the first leg of the 2025 Champions Chess Tour, the Chessable Masters and following the news that chess has officially joined the roster of games for the second iteration of the EWC, is hoping to compete on behalf of the club on stage in Saudi Arabia later this year.

“I’m absolutely thrilled to join Team Vitality for this new adventure in the world of esports! Competing for Team Vitality this year is an exciting challenge, and the two qualifying tournaments will be key milestones in my 2025 season for qualifying in the EWC. Seeing chess take its place alongside some of the biggest games in esports is incredible—it’s a fantastic opportunity to grow the game and inspire the next generation of players.” – Maxime ‘MVL’ Vachier-Lagrave” commented Maxime ‘MVL’ Vachier-Lagrave

CHESS TO BE REPRESENTED ON THE BIGGEST STAGE

Chess is one of the world’s most popular strategy games, with an estimated 600 million people playing the game regularly, and is now set to be a part of the biggest esports tournament- the Esports World Cup. Online chess has evolved significantly and gained a huge following, with online chess platforms boasting hundreds of millions of members. Fueled by the rising popularity of chess streamers on Twitch and YouTube, the tabletop game has been transformed from a classic game to an undeniable global phenomenon loved by people of all ages and backgrounds.

Bringing chess to the 2025 EWC allows the game to be showcased on the biggest stage and drives innovation and growth within its already vibrant ecosystem. The chess format at the tournament will be played in a rapid 10+0 format, which perfectly suits MVL’s gameplay strategy. Rapid time control is one of the most balanced formats of chess, offering players enough time to showcase their strategic brilliance while maintaining a fast pace that keeps the games exciting to watch.

With MVL looking to represent Team Vitality during the chess tournament at the EWC, the club is also set to compete in several other titles throughout the event, including CS2, Rocket League, and Mobile Legends: Bang Bang.

“We are thrilled to announce that Maxime Vachier-Lagrave has signed with Team Vitality and will be representing us at the Esports World Cup and beyond. As online chess continues to soar in popularity, we are proud to be part of this beloved game and honoured to team up with a French Grandmaster. Maxime is one of the best players in the world, and with his talent and determination, we do not doubt that together, we will bring home trophies. commented Danny Engels, Corporate Director of Global Operations at Team Vitality.

 

The post CHESS GRANDMASTER MAXIME VACHIER-LAGRAVE SIGNS FOR TEAM VITALITY appeared first on European Gaming Industry News.

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March Mania parties at the Plaza Hotel & Casino

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Games viewed on expansive LED video wall, tickets include unlimited draft beer

Thursday, March 20 through Saturday, March 22, the Plaza Hotel & Casino in downtown Las Vegas will host its annual March Mania viewing parties in its showroom, where the multi-game action can be viewed on an expansive 24-foot LED video wall. Doors open at 8 a.m. each day.

Single day tickets are $100 per person and include entry to a raffle, unlimited draft beer, two free well drinks, and unlimited soft drinks. Groups can reserve tables for up to four people. Attendees can bring in food from any dining outlet at the Plaza and place to go orders for food from Pop Up Pizza and Fresh Mexican Grill conveniently from their seat in the showroom.

All ticket prices are plus taxes and fees. Gratuity not included. Tickets can be purchased online: plazahotelcasino.com/entertainment/march-mania/.

Guests attending the March Mania parties can also save up to 20 percent on a two-night hotel stay at the Plaza. Reservations must be made online by March 16.

 

The post March Mania parties at the Plaza Hotel & Casino appeared first on European Gaming Industry News.

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