Pennsylvania sports betting operators matched the previous July’s win rate, but a 23.5% increase in wagering led to a 24.1% spike in gross revenue during a month that featured the 2026 FIFA World Cup’s knockout rounds.
Key Takeaways
- Keystone State sportsbooks produced an impressive 12.7% hold in July.
- The World Cup’s knockout rounds went the way of operators more so than June’s group stages.
- FanDuel’s 15.3% hold led to a major revenue increase.
The Pennsylvania Gaming Control Board reported that online and retail operators generated a $509.5 million handle in July, up from $412.5 million in July 2025. The 12.7% hold, likely helped by the World Cup Spain-Argentina final, produced $64.8 million in profits.
Taxable revenue of $51.8 million filled the Keystone State’s coffers with $17.6 million, while another $1 million went to the local tax share assessment, to kick off a new fiscal year.
Operators did much better against bettors than in June, when the win rate was kept below 9% for the first time since September 2025. Online sportsbooks produced an even higher 12.8% hold in July.
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Back on track
Pennsylvania joins multiple states where operators experienced a significant 35% month-over-month revenue increase. There were enough sportsbook-friendly results in knockout matches to help offset the U.S. men’s national team’s success and flurries of goals scored by elite players in June.
Multiple states in that region also felt the effects of the New York Knicks winning the NBA title in June.
In July, operators hauled in at least $60 million in Pennsylvania revenue for the fourth time in the last five months. The handle surpassed $500 million for the 12th consecutive month.
Big online holds
| Online Operator | July Handle | Revenue |
|---|---|---|
| FanDuel | $165.7 million | $25.4 million |
| DraftKings | $163.8 million | $19.3 million |
| Fanatics | $35.2 million | $3.9 million |
| BetMGM | $35.1 million | $4.4 million |
| bet365 | $32.2 million | $3.7 million |
FanDuel edged DraftKings with the largest Pennsylvania online sports betting handle generated in July, reaching $165.7 million. An impressive 15.3% hold produced over $25 million in gross revenue for FanDuel, up nearly $7 million from June and $5 million from July 2025.
DraftKings won back 11.8% on a $163.8 million handle during the operator’s most profitable month since April. Fanatics also produced a hold of over 11%, winning $3.9 million from over $35 million in wagers.
BetMGM had a strong July, producing a 12.5% win rate in Pennsylvania to haul in more money than Fanatics and bet365, which won back 11.5% of a $32.2 million handle to round out the top five.
Total gaming revenue
Pennsylvania’s total revenue from all forms of gaming reached $591.1 million and grew by 5% from July 2025. The state hauled in $256.8 million in taxes from land-based casinos, iGaming, video game terminals, and fantasy sports. In-person year-over-year slot revenue was up a slight 2.5%, while table games dipped 5%.
The Keystone State’s online casino gaming grew 9.1% year-over-year to $249 million, which was also up from June’s $242.5 million.
