Jan 14, 2022 - Sports

Pennsylvania sports betting ranks third in nation

Data: Legal Sports Report; Chart: Sara Wise/Axios

Pennsylvania is one of the top three sports betting states in the nation, trailing behind only New Jersey and Nevada.

Why it matters: Both the state and counties collect tax revenue from sports betting, 34% and 2% respectively.

Driving the news: Pennsylvania generated more than $63 million in sports betting revenue in November, the latest state data available.

  • Since November 2018, players waged $10.9 billion on sports statewide.

Of note: The commonwealth accepts both mobile and in-person sports wagering.

Flashback: Pennsylvania made sports betting legal six months after the U.S. Supreme Court struck down the federal ban on sports gambling in May 2018.

  • The state had moved to legalize online betting and fantasy sports as early as 2017, but the issue was held up by the federal court case.

Zoom out: A total of 30 states and Washington, D.C., have live legal sports betting markets, while 18 states and the district allow mobile betting.

  • Pennsylvania is one of the 15 states that allows both.

What's ahead: The next month is set to break more wagering records with the NFL playoffs and college football championships, Axios' Jeff Tracy writes.

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