After consecutive months of year-over-year handle declines, Pennsylvania sports betting surged 18% in June compared to the same month in 2025.
Key Takeaways
- Taxable revenue was down 40% compared to the previous June.
- The 8.4% hold was the first win rate under 9% since September 2025.
- FanDuel and DraftKings produced holds under 10%.
Keystone State online and retail sportsbooks generated $570.3 million in wagers during a month that included the NBA and NHL finals and three U.S. men's national team games in the World Cup, according to the Pennsylvania Gaming Control Board's Friday report.
Operators surpassed a $500-million handle for the 11th consecutive month, but they suffered a 28.1% year-over-year decline in gross revenue of $48 million. Taxable revenue of $31 million was down 40% compared to June 2025.
June’s 8.4% hold is the lowest that operators have produced in 2026 and the first win rate under 9% since September 2025. Online sportsbooks won back 8.6% of a $548.6-million handle, while retail operators generated a 4.4% hold on over $21 million in wagers.
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Coming to an end
The Keystone State wrapped up the fiscal year with a tax revenue haul of $10.5 million, leading to a total of $225.4 million between July 2025 and June 2026. Pennsylvania filled its coffers with 36% more money from sports betting than in the previous fiscal year.
In total, online operators generated nearly $8.1 billion in handle, down from $8.3 billion, and produced $883.7 million in Pennsylvania revenue, $137.6 million more than the previous fiscal year.
High holds hard to come by
| Online Operator | June Handle | Revenue |
|---|---|---|
| FanDuel | $186.4 million | $18.6 million |
| DraftKings | $182.5 million | $12.6 million |
| Fanatics | $40.5 million | $2.8 million |
| BetMGM | $39 million | $3.9 million |
| bet365 | $34.6 million | $3.8 million |
Online Pennsylvania sports betting operators felt the sting of the New York Knicks winning the NBA title over the San Antonio Spurs as well as the USMNT finding group-stage success, as the average hold dipped by more than two points in June.
FanDuel edged out DraftKings with a June handle of $186.4 million and made $4 million more in gross revenue thanks to a hold that barely stayed under 10%. But profits were down $2 million from May’s revenue haul. DraftKings won back 6.9% on a $182.5-million handle.
Fanatics was able to just clear 7% on a $40.5-million handle. BetMGM had a better June with a 10% hold on $39 million in wagers, while bet365 reported an 11% hold on a $34.6-million handle.
Total gaming revenue
Pennsylvania was unable to match May’s all-time gaming revenue record of $625.5 million, finishing June with $535.3 million, down just 1.7% year over year.
iGaming, which includes online slots, table games, and poker, generated $242.5 million, a 14.1% increase from June 2025. Revenue from in-person slots was down just 1.3% year over year, but land-based table games dipped a more significant 21%.
