What’s next for Pennsylvania casinos , sports betting and online gambling ? A wise person and many fortune cookies said, before you move forward you have to look back.
Before we turn over the mic to industry leaders to get their insights on what they are excited about for 2022 , let’s rewind. Pennsylvania total gaming revenue 2006 to present
(Figures c/o the Pennsylvania Gaming Control Board) Three casinos opened in PA in 2021
2021 showed the resiliency and optimism of the Pennsylvania gambling industry. COVID-19 shut down brick-and-mortar casinos from March 2020 to June 2020 and Rivers Casino Philadelphia closed for a few weeks in December due to cases surging. Despite the shutdowns, added restrictions and construction disruptions companies eventually forged ahead with their plans to add more Pennsylvania casinos .
In Feb. 2021, the Cordish Companies opened the $700 million Live! Casino & Hotel Philadelphia in the heart of the South Philadelphia Stadium District. It became the second casino in the city of Philadelphia and the first with a hotel.
Penn National Gaming made its moves with mini-casinos in the latter half of 2021. Hollywood Casino York opened in August 2021 with the first Barstool Sportsbook on the East Coast . In late December, Hollywood Casino Morgantown opened. The mini-casino is visible from the Pennsylvania Turnpike and also has a Barstool Sportsbook but it’s a different style (more sports bar) than the one at Hollywood York. Both of the mini-casinos are the first Penn National properties to offer “3C’s” technology (cardless, cashless contactless). And, yes, you can still use cash at all PNG casinos. Pennsylvania sports betting in 2021
New sports betting launches in 2021: 1. Betway arrived in July bringing the total number of PA online sportsbooks to 13 .
Highest month by handle: $776.3 million in October 2021 (PA record)
Highest month by revenue: $84.9 million in November (PA record) Percentage of bets placed online: 90% Top operator by handle: FanDuel Top operator by revenue: FanDuel (December 2021 figures yet to be reported) 2021 recap of Pennsylvania iGaming New online casino launches : 4. Borgata online […]
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