In our latest betting news, we are again seeing fast-recovery market as Pennyslvania hits a new betting record month after month. The state records a total betting handle of $365 million for the month of August. This gives us a 121.5% increase in the betting handle, looking at the month over month data. July’s handle is $164.8 million. The previous best record of the Keystone state is a $348.4 million handle in January 2020.
Many sites like PricePerPlayer.com are already seeing a near-recovered betting industry. With sports leagues back to its normal operations, with some tweaks to adjust to the pandemic, betting numbers continue to rise. Of course, with the convenience of online and mobile wagering, its very profitable to become a pay per head bookie now, more than ever.
Pennsylvania Hits A New Betting Record
August is a good month for a lot of states, for instance, neighboring state New Jersey has a $668 million (the record highest in the US). If you combine both their handles for the month, we are talking about more than $1 billion in sports betting handle.
For August, the total mobile handle is $321.554 million, up 107% from July’s $155.355 million. This is the highest we have seen for mobile betting for 2020. Meanwhile, its revenue for the month is $18.274 million, 124.3% higher than July’s $8.147 million.
And since the NFL is starting this month, the betting handle for September could even be higher than this. Many who want to earn from their home by creating their own sportsbooks can find resources in this Bookie Pay Per Head directory. With the numbers steadily improving over the past few months, experts are seeing a more robust sports betting market in the months to come.