Pennsylvania sports betting ranks third in nation – Axios

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Pennsylvania is one of the top three sports betting states in the nation, trailing behind only New Jersey and Nevada.

Why it matters: Both the state and counties collect tax revenue from sports betting, 34% and 2% respectively.

Driving the news: Pennsylvania generated more than $63 million in sports betting revenue in November, the latest state data available.

Of note: The commonwealth accepts both mobile and in-person sports wagering.

Flashback: Pennsylvania made sports betting legal six months after the U.S. Supreme Court struck down the federal ban on sports gambling in May 2018.

Zoom out: A total of 30 states and Washington, D.C., have live legal sports betting markets, while 18 states and the district allow mobile betting.

What's ahead: The next month is set to break more wagering records with the NFL playoffs and college football championships, Axios' Jeff Tracy writes.

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Pennsylvania sports betting ranks third in nation - Axios