Posts Tagged ‘Pennsylvania’
Pennsylvania Self-Exclusion Does Not Reach Kalshi
A Pennsylvania man, 35, enrolled on the state list, which does not cover Kalshi, piled up Kalshi losses above $25,000, NPR reported. Pennsylvania’s iGaming list binds licensed sites and offers terms of one year, five years or a lifetime that never expires. Kalshi and Polymarket offer voluntary opt-outs, and the shared SelfExclude.io list tops out…
Read MorePennsylvania iGaming Revenue Tops Slots In August
Pennsylvania iGaming revenue rose 6.25% to $245.7 million in August, outearning the state’s $213.9 million in slot machine revenue. Retail table games fell 18.09% and sports wagering revenue fell 19.92%, pulling total statewide gaming revenue down 2.16%. Hollywood Casino at Penn National’s iGaming license generated $95.4 million, nearly 39% of the state’s online casino market.…
Read MoreBetMGM Uses 76ers Brand For New Online Blackjack, Roulette
BetMGM is launching new blackjack and roulette games using the Philadelphia 76ers brand. These options will be available at the BetMGM online casino and Borgata Casino in Pennsylvania and the Party Casino in New Jersey. BetMGM is also the official sports betting partner of the 76ers. PHILADELPHIA – BetMGM is expanding its online casino offering…
Read MoreLegal Sportsbooks Handle Nears $100 Billion Since PASPA Repeal
Over six states passed the billion-dollar handle mark New York opened regulated sports betting on the 19th of January and saw over $150 million bet New Jersey has generated the largest handle at over $22 billion $1 billion mark should be hit by February 2022 LAS VEGAS – In early 2018 Nevada ruled the world…
Read MorePhiladelphia Casinos Ordered To Check Vaccine Card For Entry
Philadelphia is imposing new restrictions to its casinos and eating establishments to require proof of vaccination for entry. Harrah’s New Orleans was the first casino to begin requiring proof of vaccination or a negative COVID-19 test. New York has recently passed a law that criminalizes attempts to forge vaccination cards. PHILADELPHIA – Philadelphia’s two casinos,…
Read MoreSports Betting Revenues Up Across Nation Compared To 2020
Every state with a legalized sports betting industry, with the exception of Oregon, saw an increase in sports betting revenue in September 2021 compared to September 2020. Michigan and Colorado saw the largest increases in sports betting revenue, with Michigan seeing a 520.1% increase and Colorado a 443.9% increase. TALLAHASSEE, Fla. – Seventeen of the…
Read MoreOnline Gambling Revenue Spikes In New Jersey And Pennsylvania
Pennsylvania casinos reported $97.8 million in online gambling revenue in September. New Jersey casinos reported $122.6 million in online gambling revenue in September. Online poker went up in New Jersey but dipped in Pennsylvania. TRENTON, N.J. – New Jersey and Pennsylvania iGaming players were active in September, as both markets saw an increase in action…
Read MoreOnline Gambling Stocks Take Downturn Amidst COVID Reopening
DraftKings’ stock price is down significantly since February. Other online casino and sportsbook operators have been harder hit. This trend could continue in the future. LAS VEGAS – Online gambling stocks have taken a downturn as regular casinos open up, and the downswing is significant. DraftKings’ stock price has fallen 17% since February, and there…
Read MorePennsylvania Sees Major Growth In Gambling Market In March
Pennsylvania saw over $403 million in gambling activity for March 2021. A total of $98 million came from online gambling. Total gambling activity is up 162% year over year. HARRISBURG, Pa. – Online gambling in Pennsylvania saw significant growth in the market as local gambling fans played for all-time highs in handle. The big story…
Read MoreLive! Casino & Hotel Philadelphia Officially Launches
The Cordish Companies Live! Casino & Hotel has officially opened in Philadelphia. This is the first time the popular casino product has entered the Philadelphia market. The casino is expected to bring in $100 million in tax revenue within its first five years to the city. PHILADELPHIA – The Cordish Companies has officially launched its…
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