Two Years of PA Online Casinos: From Resistance To Wide Embrace

Two Years of PA Online Casinos: From Resistance To Wide Embrace

In Pennsylvania, House Bill 271, allowing for internet gambling in PA, passed in 2017 by a vote of 109-72. The bill became part of Act 42 of 2017. Act changed the state’s gaming regulations in diverse areas. It focused on online casino games with a brief mention of online poker.

The legislation became law on October 30, 2017. It made PA the fourth state after Nevada, New Jersey and Delaware to allow online wagering.

PA Online Casinos will launch in July 2019. The first licensing fees started rolling in sooner.

Act 42 is a gambling expansion statute. It will generate more than $200 million in tax-and-fee revenue during the 2017-2018 fiscal year.

Online gambling in Pennsylvania was allowed on July 17th. The three online casinos had full operating approval. They are Parx Online Casino, Hollywood Casino at Penn National and PlaySugarHouse at Rivers Casino Philadelphia.

SugarHouse Casino jumped out with more than 50% of the online market. August better than quadrupled revenue month-over-month. Nothing new came online until November. Mohegan Sun Pocono teamed up with Unibet. Gross online revenue in December was over $10.6 million. There will be five online options by the end of 2019.

COVID has been instrumental in the growth of PA online casinos.

Dustin Gouker is a seasoned sports betting analyst who oversees PlayPennsylvania.com and a host of related sites in North America.

Pennsylvania online casinos grew faster in its first two years than most of us imagined. New Jersey had a slow burn in the years after it launched its online casino industry. Pennsylvania had some advantages, including operators benefiting from the experience and learnings from NJ and sports betting. There were multiple launches in a relatively short time, giving players a lot of choice and a competitive market that drove growth.

iGaming's first two years in PA were slow to begin, but the revenue results for iGaming’s first 2 years are staggering.

PA online casinos and poker generated $1.4 billion in gross gaming revenue from July 2019 to June 2021. They also generated a taxable revenue of $897.2 million in FY 2020-21 and $469.9 million of state and local taxes.

$1.4 billion in gross gaming revenue, including $1 billion for 2020-21. $897.2 million in taxable revenue including $469.9 million for state and local taxes.

Penn National, Rivers Philadelphia, Valley Forge, and Mount Airy have made up more than 75% of the state's iGaming revenue since mid-2020. Valley forge remains a clear No. 3, while Mt. Airys is in fourth place.

Parx Casino: Parx Online Casino, Hollywood Casino at Penn National Race Course: Hollywood Online, Rivers Philadelphia Casino PlaySugarHouse, Mount Airy Casino Resort: PokerStars Casino and Mohegan Sun Pocono: Unibet are scheduled for 2019.

Parx Casino, Hollywood Casino and PlaySugarHouse are offering online gambling this summer.

Rivers Philadelphia Casino: Borgata, Valley Forge Casino Stardust, Presque Isle Downs and Casino TwinSpires, Hollywood Casino Barstool, Live! Casino Philadelphia: Betway, and Betweweekly.com are among the casinos that will be open in PA in 2021.

Two years of PA Online Casinos: From Resistance To Wide Embrace. Rivers Philadelphia Casino: Borgata, Valley Forge Casino Stardust, Presque Isle Downs and Casino TwinSpires, Hollywood Casino Barstool, Live! Casino Philadelphia: Betway, July 1.

The brick-and-mortar gaming industry will eventually accept and embrace internet gaming. People are hard-wired to enjoy games of chance with reasonable risks and social settings.

Two years of PA Online Casinos has changed the way the brick-and-mortar gaming industry views internet gaming. Land-based casinos aligned with online game providers will alter the face of internet games.

They teased out the predictions 15 years later in a 2017 white paper.

Land-based casinos are moving along the continuum from rejection to acceptance to embrace of online gambling. Online gambling will help capture a different demographic than the traditional land- based casino customer base. It will also reach a new cohort of younger adults who can be effectively encouraged to visit land based casinos.

Spectrum has been operating online casinos in Pennsylvania for two years. They have seen a positive growth in the industry. They believe there is a natural symbiosis between online and traditional retail wagering.

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