Fanatics Sportsbook and Casino Rolls Out In The Pennsylvania Betting Market
Fanatics Sportsbook and Casino is continuing its expansion across the U.S. with its recent launch in Pennsylvania. The online sportsbook is now fully available in 11 states across the U.S., with its online casino app now live in two states.
Fanatics Sportsbook will bring yet another sports betting app to the Pennsylvania sports betting industry, which recently recorded a $925.6 million handle.
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Pennsylvania Gets More Betting Options With Fanatics Sportsbook and Casino Launch
Fanatics Sportsbook and Casino has officially launched in the state of Pennsylvania. The rollout comes courtesy of Fanatics Betting and Gaming’s acquisition of PointsBet’s U.S. Businesses in August 2023. Now, former PointsBet users in the state of Pennsylvania can sign into Fanatics using their previous PointsBet username and password. The platform will undergo a soft launch under Pennsylvania Gaming Control Boars supervision for two days. However, playtime and signups won’t be restricted.
Fanatics Sportsbook stands out for a number of reasons, such as its FanCash bonuses. This essentially gives bettors FanCash back on every wager that can be used on merchandise through Fanatics or converted into bonus bets.
This promotion gives bettors 1% of their bets back as FanCash on straight bets and wagers with odds boosts, 3% back on parlay bets, and 5% back on same-game parlay bets. Fanatics Sportsbook is also celebrated for the interface of its mobile app, which is fully available for iOS and Android devices.
Fanatics Casino, on the other hand, is very new to the iGaming scene, but does offer a unique Fanatics Blackjack experience.
The Keystone State launched mobile sports betting in May of 2019, and the state has since become home to major betting operators like DraftKings, FanDuel, and BetMGM. Pennsylvania online casinos, on the other hand, began rolling out in July of 2019. Plus, there are numerous retail sportsbooks available in the state.
Fanatics Continues Expansion Into More U.S. States
With this launch, Fanatics Sportsbook Online is fully available in 11 states across the U.S., including Ohio, Connecticut, Colorado, Maryland, Kentucky, West Virginia, Vermont, Virginia, Massachusetts, and Tennessee. Pennsylvania is also now the second state in the U.S. with Fanatics Casino available, with the platform going live in West Virginia in November of 2023.
Fanatics has also opened up 13 different retail sportsbooks across the U.S. These include the only brick-and-mortar sportsbook located inside of an NFL stadium at FedEx Field and in-person sportsbooks outside of Nationwide Arena and Progressive Field. With Pennsylvania allowing for in-person wagering as well, it will be interesting to see Fanatics will opt to open a retail sportsbook in the future.
Pennsylvania Sports Betting Handle Totals $925.6 Million In December
In December of 2023, the Pennsylvania sports betting market brought in a total of $925.6 million in wagers. Gross revenue throughout the month was $72,5 million, with tax totals of $24.6 million.
Online sports betting accounted for 94% of all wagering throughout December, with FanDuel leading the way with a $394.4 million and $46.4 million in revenue. Other top performing sports betting operators throughout the month include DraftKings ($235.7 million), ESPN Bet ($82.5 million), BetMGM ($52 million), and Caesars ($40.9 million).
2023 ended very positively for Pennsylvania sports betting, with handle records broken in October with $829 million and November with $934.1 million. December didn’t break any records, but still helped the state’s sports wagering market end the year on a high note.
