Clicky

Pennsylvanian Sports Betting Takes Another Leap Forward - PennsylvaniaCasinos.com News : PennsylvaniaCasinos.com News
pennsylvania-gaming
Published on
Update on

As we have already seen from the impressive revenue figures, the legalization of sports betting and online gambling in the Keystone State was one of the greater decisions that its lawmakers have ever made. Both industries are yet to go live, at least full, that is, but they have already managed to generate upwards of $395.4 million for the state which portrays as a very promising sector. However, considering the rather stormy nature of the gaming industry and the fact that Pennsylvania’s gaming industry has not stabilized just yet, it is advisable to be cautiously optimistic.

While it may be too early to celebrate the success of the state’s gaming industry, we can certainly acknowledge some of the little victories that we have been able to witness over the past few months. And there are more:

Parx Casino’s Sportsbook to Go Live

One of the most recent developments in the states gaming industry came in the form of an announcement that was made by renowned gaming operator Greenwood Gaming and Entertainment revealing that its Parx Casino operation which is located just outside Philadelphia will be kicking off its two-day test period on January 8. Within the two-day period, the venue will be offering a limited range of services to retail customers for 10-hour periods. If the casino successfully passes the regulators tests and is given the expected approval by the PGCB, it will then proceed to its official launch on January 10 at 1 p.m.

Mathew Cullen, the Parx Casino senior vice president of interactive gaming and sports has expressed confidence that the venue will be cleared for launch and customers will be able to enjoy the full array of services that they have to offer. He is also anticipating huge interest in sports betting especially because of the city’s American football team, the Philadelphia Eagles, progressing in the National Football League playoffs.

The Bensalem-based sportsbooks will feature seven teller windows and 26 self-serve kiosks placed in the casino as well as lounge areas where sports betting will be conducted. During the testing phase, the operations will be initially monitored by the state regulators with Kambi at the helm of the operation.

First NFL Playoff Action

As mentioned earlier, the fact that the states American football has progressed in the National Football League playoffs will be a very big deal for its gaming industry. Sportsbook operators like SugarHouse casino are already banking on the likelihood that the Philadelphia Eagles’ fans will descend upon the sportsbooks in the state and bet a little money as they enjoy the game.

Keeping all that in mind, it is likely that, despite their apparent success at the moment, even the Pennsylvania casinos that are currently offering fully-fledged sports betting may be just offering previews of what they will eventually have. There is a lot to look forward to.

Latest Headlines

Online Gambling and Credit Card Debt Amid Pennsylvania’s Growth Streak

Pennsylvania State Senator Wayne Fontana (D-Allegheny) is advocating for stricter regulations on online gambling payment options, citing concerns about rising credit card debt among players. Now that online gaming and sports betting have joined Pennsylvania’s traditional brick-and-mortar casinos as part of the state’s gaming expansion, Fontana is spearheading a legislative effort to revise the regulations […]

Supremeland Makes US Market Debut with Pennsylvania License

The Pennsylvania Gaming Control Board (PGCB) has granted an interim license to Supremeland, a prominent gaming provider, allowing it to join the US market for the first time. This interim license is a common step in obtaining a license in the lucrative Keystone State gaming market. Supremeland joins the ranks of other successful applicants who […]

Pennsylvania Shatters Records with $5.7 Billion in 2023 Gambling Revenue

The Pennsylvania Gaming Control Board announced a record-breaking $5.7 billion in revenue for the state of Pennsylvania in 2023, marking an important milestone for the gaming sector in the Keystone State. The astounding figure represents a substantial increase of 9.3 percent from the prior year and is complemented by a record-breaking tax income of 2.34 […]

Pennsylvania’s Unexpected November Revenue Trends

Data from the Pennsylvania Gaming Control Board shows that in December 2023, the state’s gaming income took a surprising nosedive, mostly due to decreased sports betting operations. Despite a general upward trend in gaming income over the preceding several months and even years, the sector suffered its first year-over-year loss since February 2021 in November, […]

PA Sports Betting Posts Record-Breaking Performance in October

October saw a staggering increase in Pennsylvania’s sports betting handle, reaching an amazing $829.0 million. This mind-boggling sum was a notable 4.0% rise from the prior peak of $797.1 million, boosting the industry to an all-time high. A substantial 18.8% year-on-year gain in sports betting income, reaching $48.2 million, was propelled by the recent spike […]

Similar Stories in Gambling

Online Gambling and Credit Card Debt Amid Pennsylvania’s Growth Streak

Pennsylvania State Senator Wayne Fontana (D-Allegheny) is advocating for stricter regulations on online gambling payment options, citing concerns about rising credit card debt among players. Now that online gaming and sports betting have joined Pennsylvania’s traditional brick-and-mortar casinos as part of the state’s gaming expansion, Fontana is spearheading a legislative effort to revise the regulations […]

Supremeland Makes US Market Debut with Pennsylvania License

The Pennsylvania Gaming Control Board (PGCB) has granted an interim license to Supremeland, a prominent gaming provider, allowing it to join the US market for the first time. This interim license is a common step in obtaining a license in the lucrative Keystone State gaming market. Supremeland joins the ranks of other successful applicants who […]

Pennsylvania Shatters Records with $5.7 Billion in 2023 Gambling Revenue

The Pennsylvania Gaming Control Board announced a record-breaking $5.7 billion in revenue for the state of Pennsylvania in 2023, marking an important milestone for the gaming sector in the Keystone State. The astounding figure represents a substantial increase of 9.3 percent from the prior year and is complemented by a record-breaking tax income of 2.34 […]

Pennsylvania’s Unexpected November Revenue Trends

Data from the Pennsylvania Gaming Control Board shows that in December 2023, the state’s gaming income took a surprising nosedive, mostly due to decreased sports betting operations. Despite a general upward trend in gaming income over the preceding several months and even years, the sector suffered its first year-over-year loss since February 2021 in November, […]