Name: Pennsylvania Sports Betting Hits $991M in November
Uploaded: 2025-12-19T15:49:10-05:00
Duration: 2 min 11 s
Description: In November, sports betting in Pennsylvania reached a $991M handle. For more legal analysis across the gaming industry, check out Legal Sports Report.

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In November, sports betting in Pennsylvania reached a $991M handle. For more legal analysis across the gaming industry, check out Legal Sports Report.

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All right, so let's end with some sports betting news. Sports books in Pennsylvania, got some numbers in from the month of November, Sam, and the big holiday month and a lot of football on Thanksgiving Thursday. I'm guessing a pretty solid outcome here. Yeah, Pennsylvania is one of the first states to report its monthly sports betting numbers, which pretty much gives us a good look at where sports betting in the entire country did during the month of November. Pennsylvania also being one of the largest states and first states to legalize. There was $991 million in handle, that's money bet on sports during the month of November in Pennsylvania, and operators took home a record $125 million in revenue off of the 13. 1 % hold, that means 13% of all the money that was bet, operators kept as kind of profits that they made off of sports betting. Um, and it was, as you alluded to, Greg, it was a huge month, uh, sports betting wise in the NFL. You had several games on Thanksgiving, which generated record handle. Uh, for once this year, it was actually some good matchups and good games that we were watching instead of, you know, years past where you had some lowly teams kind of, you know, slogging through the day. So, I think that definitely. Attracted a lot more betting as well. And uh the public overall really did not do well, which is again why you see that huge whole percent number uh for the sports books in the month. You had teams that got at least 60% of bets. Um, they performed about 37% against the spread. So, most of the teams that the public was backing did not cover the spread. That's always good for the sports books, which again, made a lot of profit off of, uh, same game. Doing really well in the month, uh, as well as some, you know, high profile teams like the Chiefs, not making the playoffs, missing the playoffs, uh, and out of Super Bowl contention. They always attract a lot of futures bets, and then especially you have the month of, um, it was a month where Missouri launched sports. Betting as well. So, a lot of bets were tied to the Chiefs and sports books really cleaned up, and they'll be hoping for the same story in December as we round out into the playoffs, and then eventually over into March Madness and the rest of the year, but a huge bounce back month so far for sports books.

Pennsylvania Sports Betting Hits $991M in November

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