Sports Betting Revenue Jumps 38.6% in Pennsylvania, 6.5% Drop in New Jersey

Submitted by Gilbert Horowitz on

Written by :

Gilbert Horowitz

Published on :

Sports betting

Online sports betting revenue amounted to $67.6 million while retail wagering generated a total of $3.8 million, per numbers reported by the Pennsylvania Gaming Control Board Wednesday. 

Revenue increased 38.6% year-on-year to $71.4 million though the increase was not as high as the 287.8% spike reported in December, with the total also 15.8% down month-on-month.

Online sports betting revenue amounted to $67.6 million while retail wagering generated a total of $3.8 million.  The state's overall hold came in at 9.13% among all sportsbooks, which is within the range of the average typical hold percentage reported by regulated sportsbooks in the US of between 8 and 11% of handle.  

FanDuel and Valley Forge Casino Resort kept hold of top spot in the market. They posted $27.7 million off a $276.3 million handle for a 10.03% hold.

DraftKings and Hollywood Casino at the Meadows remained second with $22.7 million from $235.8 million, leaving a 9.63% hold. Hollywood Casino York and Fanatics Sportsbook again placed third with $5.6 million from $56.3 million for a hold of 9.95%.

Total gambling revenue in January hit $590.6 million.  This surpassed the same month of the previous year but fell 4.2% short of December 2025.

In neighboring New Jersey, Sports Wagering Gross Revenue for the casinos, racetracks, and their partners came in at $114.2 million for January 2026, reflecting a decrease of 6.5% when compared to $122.2 million reported for January 2025.

  • Gilbert Horowitz, Gambling911.com 

Related Content

MBit Casino Reviews - Is This Crypto Casino Safe? (August 2026)

MBit Casino Review - Is This Crypto Casino Safe? (August 2026)

mBit Casino occupies an interesting niche because it's one of the oldest crypto casinos still operating and it has built a loyal following over the years.
What Are the Safest Crypto Gambling Websites Right Now (August 2026)?

What Are the Safest Crypto Gambling Websites Right Now (August 2026)?

Gambling911.com is the long time leader when it comes to reviewing online gambling websites. We've been doing it since 1999.
FanDuel Founder to Shut Down BetHog Crypto Gambling Site

FanDuel Founder to Shut Down BetHog Crypto Gambling Site

Nigel Eccles cited a shift to focusing more on its AI dealer business, Sentient Studios.
Seminole Hard Rock Hotel & Casino Tampa Unveils New $2 Million Dragon Link™ Slot

Seminole Hard Rock Hotel & Casino Tampa Unveils New $2 Million Dragon Link™ Slot

The Dragon Link franchise continues to rank among the most popular slot brands on casino floors worldwide....and there's a good reason for that.