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Latest Pennsylvania online gambling news

A Trio Of $3 Million Winners Highlight July’s Scratch-Off Lottery Winners

PA lottery scratch-off winners claimed more than $172 million in prizes throughout July, marking the third month in a row with over $165 million won.

Big News For Big Beaver, The New Home Of Mount Airy Pittsburgh

The second mini-casino to actually have construction plans is Mount Airy Pittsburgh. The resort-style satellite property will call Big Beaver, PA home.

Parx Breaks The Silence, Says It Will Launch Sports Betting In PA

Parx Casino announced it will use software partner GAN to launch sports betting in Pennsylvania. They are the first PA casino to commit to accepting wagers.

Shop Till You Drop At Westmoreland Mall’s Forthcoming Mini-Casino

After a lengthy search, Stadium Casino found a site for its satellite casino at Westmoreland Mall. It's the first casino to announce a satellite location.

Phillies Legend Hopes Sports Betting Radio Network Is A Home Run

Philadelphia Phillies great Ryan Howard is investing in broadcasting legend Brent Musburger's latest foray into sports gambling media.

If You Can’t Beat ‘Em, Join ‘Em: Penn National Drops Suit To Focus On Satellite Casinos

After protecting its turf on multiple fronts, Penn National is dropping its lawsuit challenging the legality of mini-casinos, opting instead to focus on its two mini-casinos.

 

On Oct. 26, 2017, Pennsylvania lawmakers passed H 271, legalizing online casinos, poker sites and daily fantasy sports in Pennsylvania.

Gov. Tom Wolf signed the bill into law on Oct. 30, making Pennsylvania the fourth state in the nation to authorize some form of online gambling.

In the case of PA, the law authorizes pretty much all forms of online gambling, including poker, table games, slots, lottery, daily fantasy sports, and sports betting, now that the federal ban is overturned.

The two questions that come up most often in regards to PA online gambling are: When will it happen, and what will the market look like?

In response to the first question, now that the state has legalized online gambling, it will take about 6-12 months for it to launch. For reference, it took New Jersey around nine months to launch its legal market after bill passage.

In all likelihood, PA residents will gain access to real money online games in the later part of 2018.

As for the second question: What would the PA online gambling market look like? For an answer to that, we can look to the online gambling market in New Jersey. What we’ve seen there is a market where online casino games have performed quite well, generating a few hundred million in revenue and showing steady growth since launch.

Online poker in NJ has been a bit of a different story. Thanks to a number of competing providers and a relatively small population, NJ has been left with a somewhat tepid online poker market that generates a fraction of the revenue online casino games generate.

Pennsylvania’s online gambling market is likely to follow a similar path. While PA does enjoy a population that is significantly larger than NJ, the same general contours are likely to emerge. What we expect is for online casino in PA to perform incredibly well, possibly generating as much as $20mm a month in revenue. PA online poker will likely be a less significant contributor to overall revenue, likely somewhere in the area of $3mm once the market settles.