FanDuel set a Pennsylvania record with $58.2 million in gross sports betting revenue for November, highlighting an all-time monthly high collective total of $125.4 million reported Wednesday by the state’s Gaming Control Board.

It was the second consecutive November that was exceptionally good to Keystone State sportsbooks as this year’s haul shattered the record of $103.3 million set 12 months prior. Operators statewide combined for a 12.7% hold, outpacing the national November trend in which the collective hold is 11.9% through 21 state reports with handle and revenue figures.

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Pennsylvania came up short in its bid to become the sixth state to post a $1 billion handle in the post-PASPA era, settling for a record $990.6 million. That was 5.9% higher than last year while also establishing a new standard for the second consecutive month.

The state collected $33.4 million in tax receipts, pushing its all-time total above $850 million. The $94.7 million inflow into state coffers through the first five months of the current fiscal year is running $17.7 million ahead of last year’s pace.

FanDuel runs Pennsylvania

FanDuel has long been the dominant mobile operator in the state, but it has taken substantial efforts in retaining and cementing that status. The digital leviathan offered $14.2 million in bonuses and credits, up 55.6% from last year, as it surpassed $100 million in promotional spend for the year. FanDuel’s aggressive outlay accounted for more than half the total $26.2 million reported among Pennsylvania’s 12 online sportsbooks.

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Its performance in Pennsylvania in November mirrored the absolute battering it administered in neighboring New York and New Jersey. Its $58.2 million toppled Pennsylvania’s record of $54.7 million it established in January 2024 and was up 26.8% compared to last year. The 15.7% win rate against $370.7 million handle was stunningly not its best for 2025 — FanDuel reached 17.5% in June with $162.2 million worth of wagers — but it was still 3.3 percentage points higher than last November.

FanDuel, though, has needed this eight-month heater — it has claimed $258.4 million since April thanks to a 12.9% hold — to have any chance at full year revenue growth. its $343.4 million in gross winnings this year is down 2.6% versus the first 11 months of 2024.

Not alone in rewriting the record books

FanDuel’s monstrous performance cast a shadow over the other 11 mobile books despite a good portion of them also enjoying a banner November. Eternal rival DraftKings also had its best month in Pennsylvania with $31.6 million in winnings, eclipsing its previous best of $27.9 million set in October 2023 thanks to a 10.7% hold on $296.8 million worth of wagers.

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DraftKings also continued its pullback on promotional spending at $3.9 million. That was down 43.1% from last year and 30.9% from October. After reaching a peak monthly outlay of $12 million in September to help ring in the NFL season, DraftKings has spent $9.4 million in the last two months combined.

Running November Top 10 #SportsBetting handles by state (*all-time monthly high)

1 New York $2.61B
2 New Jersey $1.28B
3 PENNSYLVANIA $990.6M*
4 North Carolina ~$814B*
5 Maryland $720.2M
6 Tennessee $647.6M
7 Michigan $645.5M
8 Indiana ~$641M*
9 Iowa $321M*
10 Kansas $297.1M…

— Christopher P Altruda (@3rdPlanetChris) December 17, 2025

Fanatics was the “best of the rest” for November, claiming the final podium spot with a record revenue haul of $7.1 million. That came with a 12.1% hold on $61.1 million handle while setting a high for the second straight month.

England-based bet365 ($6.2 million) and BetMGM ($6 million) rounded out the top five, with the former posting a 14.7% win rate and the latter landing at 9.6%. Bet365 continued to dig deep into its promotional war chest as the only other operator to spend at least $3 million, raising its outlay the last three months to $12.3 million.

ESPN Bet bids adieu in style

The outgoing numbers for Penn Entertainment-run ESPN Bet were respectable with $4 million in winnings with a 10.3% hold. That was its best month since a record $8.1 million accumulated in December 2023 when it had a peak handle of $81.2 million.

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Despite the lack of a substantial market share after its initial promotional blitz in November 2023, ESPN Bet exited the Keystone State with some pride after two-plus years. It finished with a 7.6% hold in collecting $71.5 million of the $944.9 million wagered.

BetRivers also had a double-digit win rate at 10.2% in keeping $3.6 million of the $35.5 million wagered via its Pittsburgh and Philadelphia tethers. Caesars was the only large operator not to get its licks in on the betting public, crafting a 5.2% hold in retaining $1.5 million of the $28.2 million in wagers accepted.

Retail books extend roll

Brick-and-mortar sportsbooks had their best month of 2025 with $5.9 million in winnings, up 8.7% from last year. They also extended their record run of double-digit holds to five months at 13.4% after accepting $44 million in bets.

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Retail operators have been playing catch-up since cratering in February after the Philadelphia Eagles won the Super Bowl. The $29.4 million in year-to-date winnings, which includes a $2.9 million loss in February, is down 18.3%. Year-to-date handle has also fallen off notably with a 12.4% decline to $365.2 million entering the final month of the year.