In a time a major uncertainty due to COVID-19, DraftKings is getting a large dose of good news with the launch of the DraftKings PA online casino and Colorado online sports betting. Earlier this week the PGCB approved DK’s i-gaming license in Pennsylvania.
DraftKings enters into a highly competitive PA online casino market that has been growing a solid clip. A familiar foe in FanDuel recently launched its FanDuel Casino platform in Pennsylvania. When you include the home-field advantage of BetRivers Casino and Hollywood Casino online, DraftKings will need to flex some advertising muscle.
DraftKings Casino Launch Details
DraftKings online casino in NJ: 190 slots and a deep library of table games, including live dealer games.
DraftKings online casino PA: The initial casino license from the PGCB mention 28 slots and 3 table games for players to choose from. Live Dealer games are not authorized currently in Pennsylvania.
Most important for new casino players in PA, the DraftKings Casino Bonus is the same in both states. Get up to $700 free when you play at the DraftKings online casino or within the DraftKings Sportsbook app.
— DraftKingsNews (@DraftKingsNews) April 29, 2020
PA Online Casino Growth
As we mentioned above, DraftKings has plenty of competition on the casino side of the business in PA. BetRivers Casino was the #1 online casino in terms of revenue in the March 2020 report. PokerStars Casino and FoxBet Casino are surging, along with FanDuel Casino and their barrage of TV ads in the state.
One relationship to keep an eye with DraftKings is their agreement with Penn National Gaming. DraftKings operates in PA via a partnership with Penn National. They will now be a competitor to Penn National’s Hollywood Casino. A quick side note, one has to wonder if Hollywood Casino will become the Barstool Online Casino in PA after Penn National acquired 36% of Barstool Sports in January.
|Online Casino License||March 2020 Revenue|
|Rivers Casino Philadelphia and SugarHouse Casino||$6,757,345|
|Mount Airy Casino Resort (FOXBet/PokerStars)||$5,963,713|
|Valley Forge Casino Resort (FanDuel Online Casino)||$4,969,252|
|Hollywood Casino at Penn National||$2,618,503|
|Mohegan Sun Pocono (Unibet Online Casino)||$803,000|
|Presque Isle Downs and Casino (BetAmerica)||$425,878|
|Total March Online Casino Revenue||$24,265,820|
|Month||Internet Casino Revenue|
|Growth from February to March||$4,775,005|
DraftKings Sportsbook App Colorado Launch
The list of states with approved mobile sports betting apps continues to grow for DraftKings. Colorado is next in line with the DraftKings Colorado Sportsbook App going live today.
The DraftKings sportsbook app is now available for iOS and Android devices in the following states: