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The total taxable gaming revenue for sports betting in August was $8,386,361, with $7,407,202 coming online, up 34.2% from $6.25 million in July. The state tax revenue was just over $1.15 million in August
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In 2021, Pennsylvania took in $122.5 million in tax revenue from sports gambling, according to Gambling Insider, a gaming-industry publication. The same year, New Jersey¡¯s bottom line swelled by $100.2 million. In Pennsylvania, the overall sports handle ¡ª how much people bet ¡ª has risen from $194 million in September 2019 to $462 million in September 2020 to $578 million in September of last year, according to LegalSportsReport.com. It¡¯s almost certain this September will feature another increase.
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