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PlayPennsylvania.com: Sportsbooks cool with $500 million in February

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Pennsylvania’s sportsbooks slowed in February but still surpassed $500 million in wagers for the third consecutive month, while online casinos tallied nearly $80 million in revenue in February. Though February brought largely good news to Pennsylvania, it was still the state’s lowest handle since November while online casino revenue fell behind Michigan, according to PlayPennsylvania.com, which provides news and analysis of the state’s gaming industry.

“With just 28 days and a schedule with one NFL game, even if that game is the Super Bowl, a pullback from January to February is expected,” said Dustin Gouker, lead analyst for PlayPennsylvania.com. “Pennsylvania remains one of the strongest markets in the U.S., and March Madness will almost certainly put the state back on the upswing.”

In total, Pennsylvania’s online and retail sportsbooks collected $509.5 million in bets, according to official data released Tuesday. That was up 54.5% from $329.8 million in February 2020, though off from the record $615.3 million in bets in January.

February’s bets produced $16.4 million in taxable revenue, up 246.9% from $4.7 million in February 2020, yielding $5.6 million in state taxes and $327,596 in local share assessments.

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The Super Bowl generated $53.6 million in wagers alone, but even the largest single game in terms of wagering of the year is not enough to replace a robust NFL schedule. The expected month-over-month dip from January to February will likely keep Pennsylvania from surpassing Nevada as the nation’s No. 2 market, something the Keystone State nearly did in January.

“Pennsylvania continues to post strong results month after month, but Nevada is a more event-driven market so the Super Bowl handle there is typically the nation’s highest,” Gouker said. “But at the current trajectory of both markets, it seems it’s not if but when Pennsylvania will become the nation’s No. 2 market.”

Online sports betting produced 92.2%, or $469.7 million, of February’s handle, down from 94.3% in January as retail sportsbooks continued to slowly rebound.

FanDuel Sportsbook/Valley Forge Casino led the market with $176.3 million in online bets, down from $220.7 million in January. Those bets produced $7.3 million in taxable revenue. DraftKings/The Meadows was second with $111.7 million in bets, down from $143.5 million in January, yielding $3 million in taxable revenue.

The Barstool-branded Penn National/Hollywood Casino app continues to be a major player, finishing February in third with $65.6 million, up from $65 million in January. It managed to gross $5.1 million in revenue, but heavy promotion led to a $726,040 loss in taxable revenue.

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The leaders were followed by:

  • BetMGM/Hollywood Morgantown ($33.7 million handle, down from $39.3 million; $2 million, down from $33,148)
  • BetRivers/Rivers-Pittsburgh ($20.4 million handle, down from $26.8 million; $1.4 million revenue, up from $1.3 million)
  • Fox Bet/Mount Airy ($18 million handle, down from $26.6 million; $1.3 million, down from $2.5 million)
  • Parx Casino ($17.7 million handle, down from $22.8 million; $1.6 million revenue, down from $1.8 million)
  • PlaySugarHouse/Rivers-Philadelphia ($14.6 million handle, down from $20.8 million; $957,245 in revenue, down from $1.4 million)
  • Unibet/Mohegan Sun Pocono ($7.5 million handle, down from $10 million; $416,533 revenue, up from $377,770)
  • Betfred/Wind Creek ($1.7 million handle, up from $1.5 million; $50,386 revenue, down from $208,275)
  • BetAmerica/Presque Isle Downs ($1.3 million handle, down from $1.7 million; $5,496 revenue, up from -$81,367)
  • Caesars/Harrah’s ($1.1 million handle, down from $1.3 million; $3,541 revenue, down from $36,506)

Retail sportsbooks generated a $39.8 million handle, up from $35.4 million in January. Sportsbooks won $3 million on February’s bets. The top retail sportsbook was Rivers-Philadelphia with $7.7 million in bets.

“Retail sportsbooks still have some time to go before they are back to normal, but with COVID infections dropping as vaccination levels rise, better days are hopefully not far away,” said Valerie Cross, analyst for PlayPennsylvania.com. “In the online market, though, Barstool continues to make progress, keeping handle steady, but it took a huge promotional spend to do it.”

Online casinos and poker

Online casinos and poker rooms generated $77.8 million in gross revenue in February, which was down slightly from $80.4 million in January revenue. But that is mostly good news, as online casinos and poker rooms actually raised revenue to $2.8 million per day over the 28 days in February from $2.6 million per day in January.

The revenue yielded $21 million in state taxes and another $10.7 million in local share assessments and county grants.

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Despite a record for per-day revenue, Pennsylvania is now the third-largest online casino market in the U.S. after Michigan tallied $79.7 million in its first full month of online casinos and poker.

“Pennsylvania’s online casinos are in a very good place,” Cross said. “Pennsylvania’s fall to No. 3 says more about Michigan’s rapid ascent than it does about anything in the Keystone State. Online casinos will continue to be a most reliable revenue generator for the state for the foreseeable future.”

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

 

 

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Bragg Gaming Group

Bragg Gaming Enters into Online Casino Content Agreement with Canadian Operator Loto-Québec

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Bragg Gaming Group has announced that it has entered into an online casino content agreement with Canadian operator Loto-Québec, the only 100% legal and local casino site in the province of Québec. The agreement marks the expansion of Bragg into its second Canadian province, following Bragg’s prior entry into Ontario in March 2022.

Pursuant to the agreement, Loto-Québec will benefit from access to exclusive content, including titles from Bragg’s in-house proprietary content development studios, a roster which includes Atomic Slot Lab and Indigo Magic, through Bragg Gaming’s Remote Games Server (RGS) technology, delivered via the Bragg HUB platform.

In addition, Loto-Québec players will also be able to access on lotoquebec.com titles from multiple content partners under the Powered By Bragg program, including King Show Games, Bluberi, Incredible Technologies and Sega Sammy Creation.

All content delivered on the Bragg HUB comes with the company’s Fuze promotional tools as standard which offer player engagement features on games such as free rounds, jackpots, tournaments, and quests.

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The agreement with Loto-Québec’s online casino supports Bragg Gaming’s strategic goals by accelerating the growth of utilization of Bragg’s exclusive and proprietary content, and the diversification of revenue through expansion into North American markets.

Garrick Morris, Senior Vice President, Commercial, US and Canada at Bragg Gaming Group said: “It’s fantastic to see Bragg’s content expand into our second Canadian province. Loto-Québec is a strategic partner, and we are excited to see our proprietary games as well as exclusive content from our partners live and available to Loto-Québec players. We look forward to developing our relationship as a key supplier to Loto-Québec as we continue the roll-out with regular new game releases planned.

“We’ve enjoyed strong growth in North America over the past 12 months and I am pleased to further support this momentum with this successful launch in Québec. I would like to thank the Loto-Québec and Bragg teams for making this happen.”

François Hardy, Senior Director of Product and Innovation at Loto-Québec, said: “At Loto-Québec, we are always looking for new and exciting ways to entertain our players. Bragg perfectly aligns with this vision, enabling us to provide a refreshing and dynamic experience to our players.”

The post Bragg Gaming Enters into Online Casino Content Agreement with Canadian Operator Loto-Québec appeared first on Gaming and Gambling Industry in the Americas.

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Canada

ROGA Launches National College Education Campaign

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The Responsible Online Gaming Association (ROGA) has launched the “Know Your Play” campaign in partnership with EPIC Global Solutions, Kindbridge Behavioral Health, and the Responsible Gambling Council (RGC). This is a major initiative designed to provide college-aged students with detailed content focused on responsible gaming, mental health and well-being, and financial literacy.

“College students are learning to navigate newfound financial independence and equipping this age group with resources to make informed decisions that can build good financial habits will serve them throughout their lives, whether they engage in gaming or not. While previous programs have focused on student-athletes, our campaign intends to educate the broader student population about responsible gaming concepts that can help this age group set realistic expectations and see gaming as a form of entertainment, not as a way of making money,” ROGA Executive Director Dr. Jennifer Shatley said.

The campaign utilizes digital learning tools, resources, and videos available to all college-aged students at knowyourplay.org, even if they are not enrolled in a university. These resources will educate students on key responsible gaming concepts, including randomness, impulsiveness, and limit setting, while addressing myths like the illusion of control in sports betting. It will also focus on the role stress and mental health play in overall student wellbeing and provide practical tips for management. Additionally, extended resources will be piloted with select universities.

“EPIC has vast expertise and experience in creating programs that resonate with college-aged audiences and are delighted to partner with ROGA on a campaign that will provide critical education to college students across the country. By combining expert knowledge with personal stories, our program aims to foster a well-rounded understanding of financial literacy, decision-making, and risk-taking,” Teresa Fiore, SVP of Partnerships at EPIC Global Solutions, said.

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The campaign will begin rolling out at college campuses over the next several weeks with in-person learning sessions and workshops in tandem with digital delivery tools for greater accessibility and reach, ensuring that the program effectively engages students across diverse campuses and demographics.

“College life presents unique pressures, from financial independence to academic performance, all of which can impact mental health. By fostering decision-making skills that bridge these areas, we’re helping students build resilience, manage stress, and develop healthy habits that will serve them well beyond their college years,” Kindbridge Group CEO Daniel Umfleet, said.

“College students face an increased risk of harm from gambling, making prevention education essential in protecting this important audience. RGC has a long history of creating prevention programs for young adults, and we are proud to partner with ROGA on this crucial initiative. This campaign will equip students with the knowledge and skills needed to make informed decisions should they choose to gamble. By providing valuable information, digital tools, and resources, we are empowering young adults to approach gambling with a lower-risk mindset and reduce potential harm,” RGC CEO Sarah McCarthy said.

The post ROGA Launches National College Education Campaign appeared first on Gaming and Gambling Industry in the Americas.

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Canada

Siyata Mobile Announces New Order from Leading Canadian Gaming and Entertainment Company

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Siyata Mobile Inc, a global vendor of Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems, announced a new order for SD7 handsets and related accessories for a new customer, a leading gaming and entertainment company located in Canada.

This order marks one of Siyata’s first entries into the gaming and casino industry, a sector with significant growth potential for the Company. The customer operates dozens of gaming, entertainment, and hospitality venues across Canada and will deploy the SD7 handsets for Push-to-Talk (PTT) communications among its security and maintenance teams.

“This new order is an exciting milestone for Siyata as we expand further into the gaming and casino market. There is a growing industry trend toward modern, cellular-based communication solutions. Casinos require reliable, cost-effective, and easy-to-use communication tools with exceptional audio clarity, and our SD7 handsets and accessories are an ideal fit for those demands. This casino is replacing traditional Land Mobile Radio (LMR) two-way radios with advanced PoC technology for its security and maintenance personnel. The SD7’s robust capabilities, including instant push-to-talk functionality and superior coverage, make it an attractive choice for businesses prioritizing security and operational efficiency,” Marc Seelenfreund, CEO of Siyata Mobile, said.

The post Siyata Mobile Announces New Order from Leading Canadian Gaming and Entertainment Company appeared first on Gaming and Gambling Industry in the Americas.

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