Tag: Pennsylvania
Sports Betting in Pennsylvania Breaking Records
In the midst of a pandemic, sports betting in Pennsylvania continues to grow at a record pace. October revenue figures show nearly a 13% growth in revenue from last year, as reported by the Gaming Control Board. Numbers show that revenue from gambling came to over $320 million, which was substantially more that the $283 million over the same time in 2019. Penn National reported a revenue increase of $15.5 million, which is an amazing 761.1% growth. While Rivers Casino Philadelphia brought in $16.6 million, an increase of 564.0%. Other reported numbers came from the Mount Airy Casino Resorts with…
Pennsylvania Online Gambling Sets July 15th Date
Nearly 18 months after the governor signed the enabling legislation, Pennsylvania online gambling finally has a launch date that’s just 90 days away. An announcement from Gaming Control Board Executive Director Kevin O’Toole now says that the “go-live period” for online gaming will begin July 15, 2019. O’Toole’s timeline falls in line with reporting from Play Pennsylvania, which has been projecting a midyear launch for several months. Sources also expect the first PA online sports books to go live in the coming weeks — even prior to online poker sites. If things go smoothly over the next three months, the…
Pennsylvania Instructs Casinos on Wire Act Opinion
Pennsylvania gaming regulators are warning their online licensees to ensure their operations are compliant with the new US Department of Justice opinion on the 1961 Wire Act. On Friday, the Pennsylvania Gaming Control Board (PGCB) issued a memo to its online gambling licensees – none of whom have actually been cleared to launch their local sites – giving them 30 days in which to clarify how their individual operations might be affected by the DOJ’s new view on the Wire Act. On Monday, the DOJ’s Office of Legal Counsel made public a new legal opinion that the 1961 Wire Act…
PokerStars in Pennsylvania Ready for Early 2019
The long awaited dream of PokerStars in Pennsylvania is finally becoming a reality! The Gaming Control Board signed off on two more interactive gaming petitions during a Wednesday meeting in Harrisburg, and PokerStars is one of them. PokerStars received authorization to offer its full suite of online gambling products, while with Mohegan Sun Pocono is also conditionally approved for online slots and table games. Mohegan withdrew the poker portion of its application. PokerStars’ parent company The Stars Group will serve Pennsylvania under the license of Mount Airy. The two first disclosed their relationship in August, also confirming plans to offer…
NetEnt Enters Pennsylvania Online Gambling Market
NetEnt enters the Pennsylvania online gambling market by signing casino giant Penn as its first partner in the state. The games developer’s share price was up almost 15% this morning after it reported a 10% rise in revenue to SEK 449m (€43m/$49m) and 11% increase in operating profit to around $19m for the three months to the end of September. During the quarter – the first full period since Therese Hillman became CEO on a permanent basis – Stockholm-listed NetEnt benefitted from the release of its new game based on hit film Jumanji, launched with British Columbia Lottery Corporation in…
Parx Sports Betting Application Second in Pennsylvania
A week after Penn National Gaming submitted the first petition to operate a sports book in Pennsylvania, Parx sports betting moved closer to reality with their own application. The Pennsylvania Gaming Control Board said Monday that Greenwood Gaming and Entertainment filed two petitions at the close of business on Friday to offer sports betting at the Parx Casino in Bensalem and at its South Philadelphia Turf Club, an off-track betting parlor in Philadelphia. Penn National filed one on Aug. 17 for Hollywood Casino at Penn National Race Course in East Hanover Township. Pennsylvania casino owners can pay $10 million to…