What a difference a year makes.
Free of worry from having one of the state’s two NFL teams in the Super Bowl, Pennsylvania sportsbooks claimed $54.5 million in gross revenue for February, according to figures released by the state’s Gaming Control Bureau on Wednesday.
Operator winnings were up 60.4% from last year, boosted in large part by the $24.7 million revenue swing to the positive when it came to Super Bowl LX bets. The house claimed $18.1 million in winnings, thanks to a robust 32.2% hold, after paying out $6.5 million above the $101.5 million worth of wagers placed in 2025 when the Philadelphia Eagles beat the Kansas City Chiefs.
A neutral Super Bowl meant promotional spend was also down, and coupling that with improved operator performance contributed to $37.8 million in adjusted gross revenue for the month. That was a five-fold increase from the previous February, when the combination of a 4.5% hold and $26.5 million in credits and bonuses resulted in only $7.5 million in taxable winnings.
The state was also a big winner. Nearly $12.9 million flowed into its coffers, an increase of more than $10.3 million compared to last year. The $160.7 million in receipts for the first eight months of the fiscal year are running $56.1 million ahead of Fiscal Year 2024-25.
The freebies don’t flow as freely
Overall promotional spend among Pennsylvania’s 10 mobile sportsbooks totaled $16.6 million, down 37.2% from last year’s frenzy of trying to attract Eagles fans. Seven of the nine operators in action last February — Mohegan Sun debuted its mobile book last September — cut back on their outlay, with only Caesars and BetRivers showing year-over-year increases.
DraftKings had the biggest pullback in terms of dollars, spending $4.1 million less and $4.7 million overall. Fanatics, which spent a 2025-high $4.3 million last February, cut back by 74% ($3.2 million) this year and had an outlay of just over $1.1 million. FanDuel led all operators in spend with $6.2 million, but the $1.5 million reduction was 19.2% lower.
In contrast, BetRivers had a spend of $645,100, 34.1% higher than a year ago. Caesars’ spend of $402,800 was up 31.3% from February 2025. In between, both BetMGM and bet365 had notable year-over-year declines in spend, while still reaching seven figures at $1.8 million and $1.3 million, respectively.
Year-over-year handle plunged 21.7% to $592.5 million, with Super Bowl wagering down 41.6% to $59.3 million.
FanDuel continues to run wild
Amid the tumult, FanDuel continues to reign with an iron fist in Pennsylvania. The digital leviathan easily paced all mobile books with $24.3 million in gross revenue, thanks to a 12.6% hold on close to $192 million handle.
Revenue was up 11% from the previous February, despite a steep 32.1% drop in handle. After posting a 12% hold for 2025, FanDuel has a 13.5% win rate through the first two months of the new year.
DraftKings’ handle ticked slightly higher to $179.4 million. Its pedestrian 8.1% win rate provided $14.5 million in winnings, a 67.7% year-over-year increase. That also pushed its all-time winnings in the Keystone State above $900 million.
All that promotional spend by Fanatics in 2025 has paid off handsomely to start the new year, as it took the final podium spots for revenue ($4 million) and handle ($49.5 million). While handle was barely half its record $95.2 million from last February, revenue inched 2.3% higher, as Fanatics’ 8.1% hold was four percentage points better.
BetMGM ($3.2 million) and bet365 ($3.1 million) rounded out the top five in both categories, while BetRivers and theScore Bet completed the group with seven-figure revenue hauls at $1.9 million and $1.5 million, respectively. Caesars fell $23,700 short of $1 million and finished with a sub-5.7% hold for the third time in four months.
Pennsylvania-based BetPARX reached a milestone in February, surpassing $1 billion in total handle after accepting $6.8 million worth of bets. BetPARX, which launched in June 2019, has claimed $85 million in gross revenue.
Retail takes non-Super Bowl lumps
There was some good news for Pennsylvania’s retail sportsbooks: They had an overall positive revenue swing of $3.4 million from last February, after claiming $513,600 in gross winnings. The downside was that the betting public came out $330,700 ahead on all non-Super Bowl bets for the month, operators having a minus-1.8% hold on nearly $18 million handle.
