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Pennsylvania sportsbooks surge in September as FanDuel dominates

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Pennsylvania’s online and retail sportsbooks nearly doubled the state’s previous record handle in September, as bettors jumped at their first-ever opportunity to legally bet on the NFL, according to analysts for PlayPennsylvania.com.

“A significant jump was expected with the NFL season kicking off in September, and the data did not disappoint,” said Jessica Welman, sports betting analyst for PlayPennsylvania.com. “Because of the sport’s popularity with bettors, the football season is the most effective time to gauge the health of a market. After a summer of growing pains and one month of football, it is safe to say that Pennsylvania is indeed healthy.”

Pennsylvania’s sportsbooks generated $194.5 million in handle in September, according to official data released Thursday. That is up from 78% from the record $109 million in August. September’s handle yielded $19.3 million in revenue, up from August’s $9.9 million win, generating $5.1 million in state taxes.

By comparison, New Jersey generated a handle of $184 million in September 2018, the first full month Garden State bettors were able to legally wager on NFL games. New Jersey’s handle in September 2019 has grown to $445.6 million, hinting at just how much growth is possible in Pennsylvania.

“After a somewhat slow start, Pennsylvania is beginning to display similar growth patterns as New Jersey,” said Dustin Gouker, lead analyst for PlayPennsylvania.com. “New Jersey had the advantage of a more established gaming infrastructure when it launched sports betting. But now that the online sports betting infrastructure is in place, Pennsylvania is beginning to show its potential.”

Pennsylvania’s five online sportsbooks — including Fox Bet at Mount Airy Casino, which launched on Sept. 4 — generated $158.2 million in September, up from $83.2 million in August. Online betting represented 81% of the state’s total handle, up from 76% in August, and nearer to the 85% rate that online sports betting commands in New Jersey.

FanDuel Sportsbook at Valley Forge Casino dominated the online market, accepting a whopping $85.1 million in September bets, up from $35.3 million in August. FanDuel generated $7.1 million in revenue, up from $2.9 million in August.

FanDuel was followed in the online market by:

  • SugarHouse Casino ($31.2 million in online handle, up from $25 million in August; $2.6 million in revenue, up from $1.7 million in August)
  • Fox Bet at Mount Airy ($4.5 million handle; $268,844 in revenue)
  • Rivers Casino ($23.5 million handle, up from $16.9 million; $1.9 million revenue, up from $1 million)
  • Parx Casino ($13.8 million handle, up from $6 million; $1.8 million revenue, up from $620,573)

Pennsylvania’s online market continues to evolve. More online sportsbooks, including DraftKings, are expected to launch during the football season. And the parent companies that own FanDuel and Fox Bet are planning to merge, creating a potential Goliath in online sports betting.

“The merger of FanDuel and Fox Bet, two very recognizable brands, could be a game-changing development,” Gouker said. “Regardless, the competition in the online vertical will remain fierce as sportsbooks vie for a greater share of a rapidly growing market.”

Mount Airy also quietly launched a retail sportsbook just days after Fox Bet was unveiled. Still, Rivers edged Parx to lead the retail market, accepting $7.3 million in bets in September, up from $4.9 million in August. That yielded $957,791 in revenue, up from $631,012 in August. Rivers was followed by:

  • Parx ($7.3 million handle, up from $5 million; $1.1 million revenue, up from $722,945)
  • SugarHouse ($6.5 million handle, up from $5.4 million in August; $1.1 million revenue, up from $816,768)
  • Valley Forge Casino ($3.4 million handle, up from $2.5 million; $376,243 revenue, up from $175,330)
  • Hollywood Casino at Penn National Race Course ($3.3 million handle, up from $2.1 million; $590,006 revenue, up from $309,171)
  • South Philadelphia Race and Sportsbook ($2.3 million handle, up from $2 million; $490,153 revenue, up from $337,680)
  • Harrah’s Philadelphia ($2.2 million handle, up from $1.9 million; $347,873 revenue, up/down from $251,296)
  • Presque Isle ($2.2 million handle, up from $1.2 million; $495,548 revenue, up from $282,384)
  • Oaks Race and Sportsbook ($1.2 million handle, up from $942,856; $146,041 revenue, up from $48,230)
  • Mount Airy  ($372,418 handle; $45,568 in revenue)

Online casino revenue grows in September

SugarHouse, Parx and Penn National casinos generated $5.3 million in gross revenue in September, up 56% from $3.4 million in August, on $140.8 million in wagers. Betting was up 21% from $111.8 million in August. September’s action produced $1.6 million in state taxes.

Penn National led the way with $3 million in revenue, up from $684,452 in September, on $41.1 million in bets, up from $17.8 million. Penn National was followed by:

  • Sugarhouse ($1.1 million revenue, down from $1.6 million; $57.2 million in wagers, up from $40.9 million).
  • Parx ($1.3 million in revenue, up from $1.1 million; $42.4 million in wagers, down from $53.1 million)

“Pennsylvania’s three pioneering online casinos are all off to strong starts and should initially have an advantage over any newcomers,” Welman said. “But at least five online casinos are planning to launch before the end of the year, so the market should morph dramatically over the next few 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: Pennsylvania sportsbooks surge in September as FanDuel dominates

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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Yggdrasil reveals roarsome gameplay in ReelPlay’s Primal Hunter GigaBlox™

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Yggdrasil, a leading iGaming publisher, has teamed up with ReelPlay to transport players to the prehistoric age where colossal symbols take centre stage in Primal Hunter GigaBlox™.

ReelPlay’s six-reel cascading slot can see giant GigaBlox symbols up to 4×4 in size land on every single spin alongside explosions and free spins, helping players reach max wins of more than 7,500x their bet.

Every winning symbol explodes allowing for new symbols to cascade into view forming entirely new winning combinations. If an explosion causes a gap below a GigaBlox symbol and its width cannot fit, the symbol will split up into a 1×1 format.

Landing five or more scatter symbols anywhere on the reels will automatically trigger the free spins feature. For every scatter that lands, players will receive two free spins with an unlimited win multiplier that starts at x1 and grows following each cascade.

Primal Hunter GigaBlox is the latest game developed by ReelPlay as part of the YGG Masters program, following in the footsteps of recently released hit King Arthur 10K WAYS.

The title is powered by GATI, with Yggdrasil’s state-of-the-art technology enabling partners to employ the preconfigured, regulation-ready, standardised development toolkit to produce consistently cutting-edge content followed by rapid distribution.

Zoe Bird, Senior Product & Program Manager at Yggdrasil, said: “Our portfolio of games featuring the epic GigaBlox Game Engagement Mechanic continues to grow from strength to strength and Primal Hunter GigaBlox is up there among the very best. Those after intense gameplay and volatile bonuses will truly enjoy this prehistoric title.”

David Johnson, CEO at ReelPlay, said: “ReelPlay are delighted to release Primal Hunter GigaBlox. With best-in-class art, animation and soundscape we also bring our popular cascading multiplier feature to GigaBlox.”

The post Yggdrasil reveals roarsome gameplay in ReelPlay’s Primal Hunter GigaBlox™ appeared first on European Gaming Industry News.

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Bitcoin Miner celebrates two years of hugely successful collaboration with ZBD

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Bitcoin Miner, the world’s number one Bitcoin game, is celebrating two years of its collaboration with ZBD, a leading fintech company powering digital economies for gamers and developers. Since the partnership began, Bitcoin Miner has gone from a forgotten title with no players to becoming one of the largest play-and-earn games ever, with over 2 million lifetime users.

ZBD’s Lightning-powered payments technology enables developers to inject instant rewards into their games to boost retention and community engagement. Fumb Games, the studio behind Bitcoin Miner, partnered with ZBD in March 2022 to help revive its flagship title, enabling it to reward players with fragments of Bitcoin for playing the game as normal. From the outset, the integration of ZBD’s tech had a marked impact, leading to a 12x boost in 30-day retention. Two years on, Bitcoin Miner is achieving 40,000 daily active users, making it the biggest Bitcoin game by user count.

Besides the retention benefit of rewards, which leads to player retention that exceeds 6 months, the success of Bitcoin Miner has also been fueled by community-based features such as regular live events. The majority of Bitcoin Miner players are US-based millennial males who enjoy engaging with gaming communities, with weekly events leading to a 20% increase in revenue. As well as its own community of engaged players, Bitcoin Miner benefits from the ZBD app user base of more than a million gamers.

Paul West, Founder of Fumb Games, said “Bitcoin Miner has proven that US players love games that are fun, snackable and rewarding. The  game is not only sustainable, but has soared to new heights since the partnership with ZBD. It’s no surprise that I’m very excited for the future of bitcoin and player-friendly rewarded games.”

Ben Cousens, Chief Strategy Officer at ZBD, said “The two-year collaboration with Paul and Fumb Games on Bitcoin Miner has been a quintessential success story for what we’re building at ZBD. It proves the value in offering rewards for gamers and the success of ZBD’s rewards and payments tech at making it possible at speed and scale. We will no doubt see further impressive numbers for Bitcoin Miner that cement its status as world’s number one Bitcoin game, and we also look forward to extending the potential benefits of Bitcoin rewards to more developers.”

In November 2023, Fumb Games also integrated ZBD’s technology in its idle tycoon RPG SpaceY. ZBD works with more than 100 game developers worldwide, including major brands such as Square Enix, and is also used by innovative adtech companies like Slice and AdInMo.

The post Bitcoin Miner celebrates two years of hugely successful collaboration with ZBD appeared first on European Gaming Industry News.

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Shadow Summoner Elementals: The New Flagship Release from Fantasma Games

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Developer’s latest title takes players on a mystic adventure where multipliers, wilds and free spins await

Fantasma Games, the Stockholm-based game studio, is asking players to unlock the four elementals to cast magic and summon big wins in the latest slot to leave its production line.

Shadow Summoner Elementals is a thrilling game where players must discover and progress through the Tomes of Flames, Corruption, Thunder and Ice to trigger the free spins bonus where truly magical wins await. Players receive four spins, each with a guaranteed tome in play and the chance to unlock for additional spins.

The game also features multipliers, which drop in the base game before being added together and then applied to the total avalanche win. Yes, this is a pay anywhere game with winning symbols removed and new ones dropping into place to create additional combinations.

Players need to keep their eyes peeled for spreading wilds, which takes the form of the Tome of Ice symbol. This turns itself and one to four neighbouring symbols wild. Then there’s the Tome of Corruption symbol. This turns itself and all neighbouring paying symbols into the same random paying symbol.

The Tome of Thunder brings re-spins. When it lands it turns itself into a multiplier and then destroys four to twelve random symbols, increasing the multiplier by 1x for each before kick-starting a re-spin.

The Tome of Flames is all about upgrades. This includes turning one of the low paying symbols into its corresponding high paying symbol before the Tome of Flames turns itself into the corresponding high symbol of the last upgrade.

Shadow Summoner Elementals is set across six reels and five rows. It has three RTP options of 86%, 94.3% and 96.31%, sits at the medium range of the volatility scale and has a max win potential of 5,601x.

“Shadow Summoner Elementals takes the mythic theme and puts players at the heart of a narrative where they will discover the four tomes in their quest for bonus action and big wins,” the founder and Chief Executive Officer for Fantasma Games, Fredrik Johansson, said. “This is a feature rich game that sits at the middle of the volatility range ensuring plenty of bonus action and lots of big win potential.

“Shadow Summoner Elementals is bound to leave players enchanted and we look forward to seeing it land in the game lobbies of our operator partners in markets across the world.”

The post Shadow Summoner Elementals: The New Flagship Release from Fantasma Games appeared first on European Gaming Industry News.

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