Three online casinos have been launched in Pennsylvania, last month. The launch of these casinos usher a new era of gambling in Pennsylvania. The expectations in the online casinos of Pennsylvania are high because of its population and its successful land-based gambling industry.
It is believed that the online casinos in Pennsylvania could meet or even surpass the successes of their neighbours to the east in New Jersey. That is not a small task. The fledgling industry in PA has a long way to go before starting comparisons with online gambling in New Jersey.
In order to replicate that thriving online gambling industry, Pennsylvania needs to keep moving forward in four key areas: competition; game selection; payment processing; and cross-play.
First and foremost, Pennsylvania must have more online gambling operators. The need to compete will force everyone to be better. Only through robust competition can the industry reach its full potential.
The online casinos launched in Pennsylvania only have a limited number of games. Virtually every NJ online casino offers hundreds of slot titles and a wide assortment of table games and video poker. The Pennsylvania operators are expected to increase its game catalogues steadily over time. The list will grow as products are tested and approved and more content partnerships are inked.
Payment processing is one of the biggest hurdles in every legal US online gambling market. Despite the rapid spread, banks and financial institutions still get the heebie-jeebies when the word online gambling is involved. The good news about payment processing is that, it is now improving. Every new legal online gambling state, especially a large one like Pennsylvania, is another reason for financial institutions to ease their restrictions.
New Jersey online casinos were doing just fine before the legalisation of NJ online sports betting. But the 2018 expansion has since rocketed online casino revenue into the stratosphere. With a little regulatory help, online casino and sports betting operators in Pennsylvania would be wise to integrate the two products as quickly and seamlessly as possible.
