When will online sports betting launch in PA?
Originally, state officials indicated that online sports wagering in Pennsylvania would begin in July. Well, things have officially changed and quite rapidly. At the latest PPCGB board meeting on April 17, 2019, the PCGB declared that online casinos would launch on July 15. No mention of the sports betting was made, however later in the day Communications Director Doug Harbach told CrossingBroad.com that testing will begin on the first PA sports betting app in 2-3 weeks.
Previously, Marc Oppenheimer from Parx Casino said his Parx Online Sportsbooks would be ready to launch in late April. It is unclear whether Parx Betting app will be the first to launch in PA.
Is sports betting legal in PA?
Yes. The state passed a bill legalizing retail (brick/mortar) sports betting and online sports betting in Pennsylvania. Multiple PA casinos and turf clubs now offer sports wagering, with online sports betting ready to launch very soon.
Do I have to live in PA to bet on sports?
No, you do not have to be a resident of PA to bet on sports. If you are betting online, you will have to be physically located in the state to bet on sports.
Why are there so few betting apps in PA?
Unlike other states, the Pennsylvania Gaming Control Board allows for one sports betting “skin” – essentially a public-facing brand – for each licensed casino operator, of which there are 12 in Pennsylvania. This, obviously, caps the number of apps at 12.
Who is eligible to launch an online sportsbook in PA?
The following are the licensed “slot machine operators” who are eligible for a sports betting certificate in PA: Hollywood Casino at Penn National Race Course, Harrah’s Philadelphia, Parx Casino and Racing, SugarHouse Casino, Lady Luck Casino Nemacolin, Sands Casino Resort Bethlehem, Valley Forge Casino Resort, The Meadows Racetrack and Casino, Mohegan Sun at Pocono Downs, Mount Airy Casino Resort, Presque Isle, and Rivers Casino.
What types of bets can I make in PA?
The usual sports betting options commonly found at sportsbooks are allowed in PA. They include point-spread bets, moneyline bets, over-under bets, parlays, prop bets and more are available at PA sportsbooks.
What are PA sports betting tax rates?
Sports betting revenue is taxed at a 34% rate in PA, with an additional 2% tax paid to the local township of the casino license holder. Sports betting license holders pay a $10 million upfront fee for their sports wagering certificate or license in the state.
When will DraftKings Sportsbook Launch in PA?
DraftKings will need a casino partner to launch their online sportsbook in Pennsylvania. The leading candidate right now is Meadows Casino in Washington County, PA. DraftKings top rival FanDuel Sportsbook has partnered with Valley Forge Casino Resort. The FanDuel retail sportsbook opened on March 13.
Who oversees sports betting in the state?
The Pennsylvania Gaming Control Board
How much revenue could sports betting generate?
Exact figures are obviously not yet known and the exact number of online sportsbooks in PA will have a major impact on revenue projections. There are pros and cons when it comes to the subject of betting in Pennsylvania specifically. PA is located close to other states in the Northeast/Mid-Atlantic region that already offer sports betting or soon will. However, PA is a huge sports state with 2 major cities in Philadelphia and Pittsburgh with rabid fan base support. Oh and that taxation at 36 percent should definitely help government revenue growth numbers.
