Super Bowl LIX saw Pennsylvania sportsbooks incur a net loss of $6.5 million, despite a record $101.5 million in wagers, driven mainly by local betting patterns. Approximately 73% of bets placed were on the underdog Eagles, contrasting with national trends. In contrast, New York sportsbooks celebrated a significant net win of $62.8 million, emphasizing the variance in betting outcomes across states. This highlighted how local teams' performances could drastically impact sportsbook profitability, and reflects the growing enthusiasm for betting on major sporting events.
The Pennsylvania sportsbooks suffered a significant loss of $6.5 million during Super Bowl LIX due to an overwhelming number of bets on the Eagles.
A record $101.5 million was wagered on the Super Bowl in Pennsylvania, marking a 20.4% increase from the previous year's betting.
In stark contrast to Pennsylvania, sportsbooks in New York reported a net win of $62.8 million during Super Bowl LIX.
Approximately 73% of Super Bowl bets in Pennsylvania were on the Eagles, who were underdogs against the Chiefs, showcasing local betting habits.
Collection
[
|
...
]