Pennsylvania and New Jersey saw a big sports betting handle increase during March Madness

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Pennsylvania and New Jersey saw a big sports betting handle increase during March Madness
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No Big 5 team, no problem. Pennsylvania’s sports betting handle in March was $723.5 million, up almost 21% from February and up 1.2% year-over-year from March 2022, when Villanova was on a run to the Final Four.

Pennsylvania’s sports betting handle in March was $723.5 million, up almost 21% from February and up 1.2% year-over-year from March 2022, when Villanova was on a run to the Final Four.

Despite no Philadelphia presence, Pennsylvania did, however, have multiple men’s tournament winners in Penn State and Pittsburgh. More than 92% of Pennsylvania bets were placed online. In New Jersey, 95% of the bets were placed online.Pennsylvania casino/sportsbook handle March 2023 Bettors like favorites, and if you watched any of this 2023 men’s NCAA Tournament, it wasn’t a great year for favorites.

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