Bet365 has officially joined the Pennsylvania online gambling scene, debuting its sportsbook and online casino in late July. Despite launching towards the end of the month, the platform has already shown impressive results, raising questions about its potential impact in a competitive market. If the trends from July continue, bet365 Casino PA and bet365 Sportsbook PA could significantly influence the state’s gambling landscape by year’s end.
Rapid Revenue Growth for Bet365
Bet365 had its eyes set on the Pennsylvania gambling market since January 2023, forging partnerships with Churchill Downs and Presque Isle Downs to replace Twinspires. This long-anticipated launch occurred after a brief three-day soft launch, with the official rollout on July 19. According to the Pennsylvania Gaming Control Board, the results from the soft launch are included in the state’s revenue figures.
Over the 16 days bet365 was operational in July, starting from its soft launch on July 16, the platform generated nearly $1.1 million in online casino revenue. This impressive figure translates to an average daily revenue of approximately $67,701. If this trend continues, bet365 is on track to surpass $2.1 million for a full month.
In comparison, bet365’s iGaming platform in New Jersey brought in $1.7 million in the same month, indicating that its Pennsylvania operations are already performing better than its New Jersey counterpart.

Comparing Bet365’s Launch to Other Operators
Entering Pennsylvania’s already established iGaming market, Bet365 faces stiff competition. Bally’s and Golden Nugget are among the other operators that launched online casinos in the state last summer. In its first three months, Bally’s reported:
- June 2023: $908,697 (23 days fully operational)
- July 2023: $1.9 million
- August 2023: $2.6 million
Conversely, Golden Nugget performed exceptionally well in its initial months:
- August 2023: $1.7 million (11 days fully operational)
- September 2023: $6.4 million
- October 2023: $5.2 million
While Golden Nugget saw a significant revenue increase, Bally’s exhibited more gradual growth. Given its early performance, bet365 is likely to follow a trajectory similar to Bally’s rather than Golden Nugget. The platform is poised to exceed $2 million in monthly revenue in its first complete month (August), with expectations of potentially surpassing the $4 million mark in the future.
Bet365’s Promising Start in Sports Betting
In the competitive Pennsylvania online sports betting market, bet365 faces formidable rivals like FanDuel and DraftKings. However, the operator’s inaugural month suggests it may find its niche. Operating fully for less than two weeks, bet365 recorded a handle of $6.3 million and revenue of $1.2 million, boasting a noteworthy hold percentage of 19.7%.
Bet365’s sportsbook has already outperformed Betway, which exited the market last month, and is closing in on other platforms in terms of handle, including:
- Caesars: $16 million
- betPARX: $12.5 million
- PlaySugarHouse: $9.4 million
With the NFL season approaching, it would not be surprising if bet365 surpassed these operators in the coming months. Overall, the early indicators suggest that bet365 PA is on a promising path toward success in both online casino and sports betting sectors.
Sourse : https://www.playpennsylvania.com/bet365-on-pace-over-2-million-monthly-igaming-revenue/