Pennsylvania sportsbooks set November handle record as ESPN BET enters market
Pennsylvania sportsbooks recorded $934.1 million in handle in November, a new monthly high, according to the Pennsylvania Gaming Control Board. PENN Interactive’s Barstool Sportsbook and ESPN BET took $65.1 million in bets, while the operator reported a $7.8 million net loss and used $14.8 million in promotional credits.
Operators can see how promotional credits and low hold coincided with record handle but limited taxable revenue.