Pennsylvania sportsbooks lose $6.5 million after Eagles' Super Bowl victory

Pennsylvania sportsbooks experienced significant losses following Super Bowl LIX, where bettors wagered a record $101.5 million, resulting in a net loss of $6.5 million for the sportsbooks. This marked a 20.4% increase in wagers compared to the previous Super Bowl, which also featured the Philadelphia Eagles. A striking 73% of bets were placed on the Eagles, contributing to the losses as the team triumphed over the Kansas City Chiefs with a score of 40-22. In contrast, sportsbooks in other states, such as New York and Nevada, reported substantial winnings from the event. The Pennsylvania Gaming Control Board noted that the majority of wagers—over 91%—were made online. This outcome contrasts sharply with the previous year's Super Bowl, where Pennsylvania sportsbooks had made a profit of over $29 million during the Eagles' loss to the Chiefs.