Pennsylvania Sportsbooks Enjoy February Without Eagles [Yahoo! Finance]
DraftKings Inc. - Class A (DKNG)
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Source: Yahoo! Finance
Free of worry from having one of the state's two NFL teams in the Super Bowl, Pennsylvania sportsbooks claimed $54.5 million in gross revenue for February, according to figures released by the state's Gaming Control Bureau on Wednesday. Operator winnings were up 60.4% from last year, boosted in large part by the $24.7 million revenue swing to the positive when it came to Super Bowl LX bets. The house claimed $18.1 million in winnings, thanks to a robust 32.2% hold, after paying out $6.5 million above the $101.5 million worth of wagers placed in 2025 when the Philadelphia Eagles beat the Kansas City Chiefs. A neutral Super Bowl meant promotional spend was also down, and coupling that with improved operator performance contributed to $37.8 million in adjusted gross revenue for the month. That was a five-fold increase from the previous February, when the combination of a 4.5% hold and $26.5 million in credits and bonuses resulted in only $7.5 million in taxable winnings. The state
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