Philadelphia sports bettors now have 2 sportsbooks available as PA sports betting expands. Parx Casino has announced they will begin taking legal sports wagers on Tuesday. Joining SugarHouse Casino as the best sportsbook options in or around the city of Philadelphia.
Pennsylvania will now have 4 active sportsbooks:
1. Parx Casino
2. Hollywood Casino
3. Rivers Casino
4. SugarHouse Casino
The Pennsylvania Gaming Control Board (PGCB) requires all new sportsbooks to go through a 48-hour testing period. This will begin on Tuesday January 8th. Assuming all goes well, Parx Sportsbook will be fully operational on Thursday or Friday.
PA Sports Betting Has Big Expectations
Our true first idea of Pennsylvania sports betting revenue will come with the December PGCB revenue report. That filing will include a full month of sportsbook data for Hollywood, Rivers and SugarHouse. That also means the information will include both the Philadelphia and Pittsburgh areas.
Many sports bettors on Twitter have shared images from what looks to be a very busy Rivers Casino by Pittsburgh. The only data included in the November report was $500K+ revenue from Hollywood Casino.
December revenue numbers could be very big!
Parx Sportsbook Temporary Set Up
According to the Philly Inquirer report, Parx Sportsbook will have temporary home within the 360 lounge. This will include seven windows and 26 self-serve betting kiosks.
This comes at a great time with the Philadelphia Eagles back in the postseason. However, they play the Chicago Bears this Sunday, so you bet casinos in the area are hoping for an upset by the sixth-seeded Eagles to continue on.
— ed barkowitz (@edbarkowitz) January 4, 2019
When Will PA Online Sports Betting Begin?
Parx was the second casino to apply for a sports betting license in PA, spending $10 million. Joining them on this venture is the Kambi Group, who also has deals with SugarHouse Sportsbook and the Pittsburgh-based Rivers Casino. Like all casinos in Pennsylvania, Parx will also be subjected to the states’ 36 percent sports betting revenue.
$10 million + 36% tax = You need online sports betting to be successful.
With 4 brick-and-mortar PA Sportsbooks open, there has yet to be an online product. However, Parx has publicly stated that they are working rapidly to launch a mobile betting app. SugarHouse has successfully launched their 2 in 1 casino and sportsbook app in NJ. It is certainly a possibility that they beat Parx to the punch and launch the first sports betting app in PA.
All rumors in the state point to multiple online sportsbook and mobile apps going live before March Madness. We are hearing a big ad blitz will hit the state to coincide with the online launch.
Needless to say, Parx will have its fair share of competition, but if they are able to get online wagering off the ground, they could be in a good spot to succeed, even in a high-tax environment.
Just about 24hrs from now @parxcasino will begin taking sports bets!
See you there tomorrow at 2pm est!
— PA Sportsbooks (@PASportsbooks) January 7, 2019