Being one of the first states to make proper legislative revisions, Pennsylvania is among the leaders in modern online gambling in the United States. More and more companies and casino providers are looking to establish their presence here. Perhaps the Keystone State could make a bid for the field’s top positions in the foreseeable future.
Backing the right horse
Traditionally, good news comes from the sports betting business. In fact, October was the first month in which online and retail betting exceeded $500 million in wagers. Such a milestone has only been achieved in the leading states of New Jersey and Nevada. The increasingly dynamic football action wasn’t without meaning here. It took Pennsylvania approximately two years to teach that number, as sports betting was legalized around that long ago.
Additionally, the industry’s revenue marked a record of $47.8 million in operator revenue. It is more than double of last Octobers’ $19.1 million and more than the previous record set in January ($31.6 million). According to the state Gaming Control Board, it yielded a total of $13.2 million in taxes and local share assessments.
On a roll
It shouldn’t come as a surprise that the pa online casinos market is also doing great. The numbers, with a proper perspective, are high as well. Pennsylvania casinos generated more than $320 million in revenue in October, which is another increase compared to the same month last year ($283.7 million).
PokerStars PA website celebrated an anniversary recently. It has been a full year since it went live on November 6th, 2019. Looking ahead to year two of its activity, the company will continue to be a poker monopolist in the Commonwealth of Pennsylvania. They have contributed so far over $5 million in state tax money.
Going Live
Besides bonuses, appealing design, and inviting tournament series, the things that attract new customers are the considerable game assortment and additional features. When deciding to trust a particular provider, many online casino users are looking for the live casino option. It presents valuable opportunities such as instant access, dedicated table games, cutting-edge technology, live chat, and special promotions.
It doesn’t come as a surprise that casino companies have been making a lot of effort to implement live dealer games in Pennsylvania as well. The much-anticipated feature was introduced at the end of October. A few companies in partnership with Evolution Gaming were able to implement it into their offer. Recently, a launch of Live Casino games online for Caesars Casino & Sportsbook has been announced. It will be available on desktop and iOS and Android apps.
As for other casino news, another big company has been busy in recent weeks. Despite not having a brick-and-mortar casino presence established around the state of Pennsylvania, MGM should soon become the newest addition to the state’s online offer. Pennsylvania Gaming Control Board and BetMGM officials announced the three-day soft launch to be taking place until Thursday, December 4th. Therefore, if everything goes according to plan, MGM is looking to be the 13th iCasino in Pennsylvania starting Friday.
