Daily fantasy sports generated revenues of $22.5 million during the past 12 months. The state took $3.4 million in taxes on DFS action. PA taxes DFS operators at 15% of revenue. HARRISBURG, Pa. – It is the one-year anniversary of the legalization of daily fantasy … Read more
The Presque Isle Downs and Casino sportsbook will not launch on time. Owner Kevin O’Sullivan said more details will become available on June 12. The Pennsylvania Gaming Control Board does not know the reason for the delay. ERIE, Pa. – The Presque Isle Downs and … Read more
Parx Casino was responsible for 21.4% of all tax contributions in April. South Philadelphia Turf Club posted the highest casino hold percentage at nearly 17%. FanDuel Sportsbook is primed to become one of the PA sportsbook leaders, bringing in over $5 million in a month … Read more
The sportsbook will offer betting lines on the NFL, MLB, NHL, MLS, NBA, and more. A sports betting lounge will be located near the front entrance of the casino. Operated by Kindred Group, the sportsbook expects to open in August. WILKES-BARRE, Pa. – Sports betting … Read more
Online betting could give Pennsylvania the biggest sports wagering market in the US. Even if the state doesn’t challenge Nevada for total handle, PA should generate more sports betting tax revenue. HARRISBURG, Pa. – With online betting launching in the Keystone State, Pennsylvania could become … Read more
FanDuel Sportsbook has signed up over 100,000 users in New Jersey. The company has seen a near 50% market share for the 1st quarter of New Jersey mobile sports betting. Already in WV, FanDuel is prepping its Pennsylvania online sports betting launch. EAST RUTHERFORD, N.J. … Read more
There are currently six sportsbooks located either inside or near the Philadelphia area. Live! Casino & Hotel has not yet applied for a Pennsylvania sports betting license. The target launch date for Live! Casino & Hotel is December of 2020. Philadelphia – The City of … Read more
The ban on collegiate postseason tournaments was in effect for 26 years. A quarter of the states have passed laws in support of legal sports betting. Nevada has already announced their desire to enter the bidding process as a host state. INDIANAPOLIS – After taking … Read more
The NFL Draft took place from April 25 to April 27 in Nashville, Tennessee. Only “sporting events” can be bet on in Pennsylvania. Per regulations, the NFL Draft is not a “sporting event.” HARRISBURG, Pa. – As the NFL Draft kicked off in Nashville on … Read more
Sportsbooks in PA had a rough Super Bowl but rebounded in March on strong basketball numbers. In March, area sportsbooks saw $44.5 million in wagers and held $5.5 million for a 12.4% take. Online sports betting will cause state and sportsbook revenues to skyrocket. HARRISBURG, … Read more
PA sports betting at retail sportsbooks have been live since November of 2018. State revenue collected from sports betting in PA hit its highest amount last month. iGaming, also known as online casino gaming, is also set to launch in mid-July of 2019. HARRISBURG, Pa. … Read more
The Pennsylvania sports betting market grew with two new sportsbooks opening in the month of March. The revenue figures were only made through retail sportsbooks, as there is still no mobile sports betting apps in PA. HARRISBURG, Pa. – Sports betting in Pennsylvania has grown … Read more