PGCB reports decrease in Super Bowl wagers in Pennsylvania

PGCB reports decrease in Super Bowl wagers in Pennsylvania

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PGCB reports decrease in Super Bowl wagers in Pennsylvania

The PGCB has published a report detailing the recent wagering activity of Super Bowl fans across Pennsylvania.

The regulator’s report has detailed a sizable decrease in the total sports wagering handle of Pennsylvania’s Super Bowl fans, who bet just over 71.5 million dollars on the event’s latest running, down by more than 10 million dollars from the total wagering handle of 84.3 million dollars recorded during the Super Bowl’s 2023 running.

Broken down by vertical, the vast majority of sports fans placed their wagers through online bookmakers, totaling just over 64.6 million dollars in bets and decreasing from last year’s online wagering handle of just under 74 million dollars. The figure of total bets placed through land-based bookmakers, on the other hand, decreased from 10.3 million dollars to 6.8 million dollars.

These decreases have led to quite a sizable reduction in the revenues of Pennsylvania’s wagering operators, which are estimated to generate just over 11 million dollars from the event. This is down from last year’s revenue of 29.7 million dollars, representing a year-over-year decrease of more than 60%.

Lastly, the regulator reported that despite these decreases, the number of active playing accounts throughout the state increased from last year’s 793 thousand to 875 thousand according to GeoComply, which also mentioned that it carried out more than 13 million geolocation verifications over the Super Bowl’s two days.

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