..

Parx Casino Near Philadelphia to Open Sports Book

Written by:
Guest
Published on:
Jul/30/2018

Pennsylvania is set to get its first sports book, and only a mere 20 miles outside of Philadelphia.  That's right, Philadelphia sports fans will be able to wager on the Eagles winning two consecutive Super Bowl championships from the Parx Casino.

Up until recently, those in the region could only bet sports online with internationally-licensed wagering firms.  They probably will continue to do so as it is not immediately clear whether online gambling will be offered throughout the Keystone State or if there is going to be extensive options such as LIVE IN-PLAY WAGERING. 

PA casinos will also be paying a $10 million licensing fee along with a signficant tax.  This is going to be passed down to the consumer/gambler.  As a result, it can be surmised that the state sports book offerings will not be as attractive as those provided by internationally-based companies.

Parx will be partnering with GAN, a major British-based supplier of enterprise-level B2B Internet gaming software.  GAN has a strategic partnership deal with sports betting provider SBTECH.

Parx Casino is located in Bensalem, a suburb of Philadelphia.  The region is among the state's most populous.

The casino hopes to have its sports book up and running some time this football season as they await word on final provisions and any news of a reduction in the licensing/tax structure.

- Aaron Goldstein, Gambling911.com

Gambling News

Bragg Gaming Launches With Betway

Bragg Gaming Launches With Betway

ORYX Gaming, a Bragg Gaming Group company ( TSXV: BRAG, OTC:BRGGF ), announced today that its entire RGS portfolio has gone live with leading global online sports betting and casino operator Betway via their market-leading ORYX Hub platform. Betway is licensed in several key jurisdictions. 

Payments Crucial to Ongoing Growth of US Online Sports-Betting Market

Payments Crucial to Ongoing Growth of US Online Sports-Betting Market

Quickly and easily receiving payouts of winnings is the most important factor for U.S. sports bettors when selecting an online sportsbook, and prioritized by 37% of players, according to research released today by Paysafe, a leading integrated payments platform. The latest All the Ways Players Pay report also suggests that offering digital wallets and other alternative payment methods allows sportsbooks to overcome the challenge of card declines.

Record Year for NJ Sports Betting; Casinos, Not So Much

Record Year for NJ Sports Betting; Casinos, Not So Much

New Jersey took nearly $1 billion worth of sports bets in December, an encouraging finish to a year in which coronavirus closures and restrictions sent overall gambling revenue down nearly 17%.

Casino Billionaire, GOP Mega Donor Sheldon Adelson Dies

Casino Billionaire, GOP Mega Donor Sheldon Adelson Dies

LAS VEGAS (AP) — Sheldon Adelson, the billionaire mogul and power broker who built a casino empire spanning from Las Vegas to China and became a singular force in domestic and international politics has died after a long illness.

5 Ways to Improve How You Run Your Online Sportsbook in 2021

5 Ways to Improve How You Run Your Online Sportsbook in 2021

If you run your own online sportsbook, Gambling911.com presents five ways to improve how you do so and increase profitability, courtesy of our friends at PricePerPlayer.com. 

Syndicate