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Pennsylvania sportsbooks report $50.4 million February revenue

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Pennsylvania sportsbooks generated $50.4 million in gross sports betting revenue in February, the Pennsylvania Gaming Control Board reported. The $661.7 million handle produced a 6.7% hold; after deductions, the state taxed $30.3 million in adjusted gross revenue at 34%, collecting $10.3 million. Revenue was 18.9% lower than in February 2023.

The figures show operators’ February revenue and the state tax collected from sports betting.

End-of-day close DraftKings (DKNG), USD, to 3 May 2024
Story date5 February 20243 May 2024

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