Pennsylvania Posts 0 Million Sports Betting Handle For March

The Pennsylvania Gaming Control Board reported an $800.7 million sports betting handle for March, the fifth time in Keystone State history it reached $800 million.

The handle also ranked fifth all-time in 65 months of legal wagering. All five occasions Pennsylvania bettors have generated $800 million or more handle have come in the last six months, with March’s total up 10.7% compared to the same month last year.

Operators combined for a hold just shy of 8% to claim $63.7 million in gross sports betting revenue. That was down 4.1% from 12 months prior, as last year’s hold was 1.2 percentage points higher.

Bettors took advantage of $18.1 million in promotional credits and bonuses via sports betting apps, which was a year-over-year increase of 14.2% with the NCAA Tournament taking center stage in March. That spend was down 10.1% compared to February when the Super Bowl was the marquee event.

  
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