Pennsylvania Casino Sees $1.4M in Sports Bets in 2 Weeks

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Associated Press

Published on :

18 December, 2018

Pennsylvania Casino Sees $1.4M in Sports Bets in 2 Weeks

HARRISBURG, Pa. (AP) — The first two weeks of legal sports betting in Pennsylvania at a single casino saw just over $1.4 million in bets.

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Tuesday’s report by Pennsylvania state regulators includes November results for sports betting at Hollywood Casino at Penn National Race Course after it began taking bets mid-month.

For comparison, New Jersey’s casino and racetrack-based sports books took in over $330 million worth of bets in November.

SugarHouse Casino in Philadelphia and Rivers Casino in Pittsburgh began sports betting last week and Parx Casino in suburban Philadelphia could open in the coming weeks.

A year-old state law allows owners of Pennsylvania’s 12 casinos to pay a $10 million fee to operate sports betting.

States are increasingly legalizing sports betting after the U.S. Supreme Court cleared the way in May.

How Do Bookies Make Money?

Back in the day, a corner bookie had to work 60 hours a week or more. Today's bookmaker spends more time on the beach courtesy of their friend the Pay Per Head platform. And here is the best part: They have the ability to make double the income than when they were putting in those 60+ hours a week.

Pennsylvania Casino Sees $1.4M in Sports Bets in 2 Weeks

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