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

Progressive jackpots won at Seminole Classic Casino in Hollywood Florida

Three More Players Hit $218,000 in Progressive Jackpots at Seminole Classic Casino in Hollywood, Florida

$5 to $15 bets result in $218,000 in Progressive Jackpots won in a single day over the weekend at the Seminole Classic Casino.
'Pizza, Pizza': Little Caesars Takes Full Control of Atlantic City's Ocean Casino

'Pizza, Pizza': Little Caesars Takes Full Control of Atlantic City's Ocean Casino

Little Caesars Pizza parent company sets up a new gambling division.
Chumba Casino Parent Company Vows to Stay in Kentucky: 'We Have Lawfully Operated in the U.S. for More Than a Decade'

Chumba Casino Parent Company Vows to Stay in Kentucky: 'We Have Lawfully Operated in the U.S. for More Than a Decade'

Chumba Casino parent company VGW tells Gambing911.com they have operated lawfully in the U.S. for over a decade and plan to continue doing so following Kentucky AG lawsuit.
Kentucky AG Goes for the Trifecta Against Two Prediction Markets and Chumba Casino Parent

Kentucky AG Goes for the Trifecta Against Two Prediction Markets and Chumba Casino Parent

It's deja vu for the online gambling sector as Kentucky comes after companies once again