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Gambling in the USA

PlayPennsylvania.com: Sports betting, online casinos enjoy big July

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Pennsylvania

 

Pennsylvania’s sportsbook capitalized on the return of major sports to nearly double the handle from June to July, and the state’s online casinos built momentum as the Keystone State’s market continued to rebound in July, according to PlayPennsylvania analysts.

“The return of baseball and the NBA were seminal moments for Pennsylvania’s sportsbooks, obviously,” said Dustin Gouker, lead analyst for PlayPennsylvania.com. “There is no making up for what was lost during the shutdowns. But with online casinos sustaining incredible growth, major sports back in play, and retail casinos gradually reopening, the industry is thankfully moving forward.”

Retail and online sportsbooks generated $164.8 million in wagers in July, up 85.1% from $89 million in June, according to official data released Monday. July’s wagers were up 177.7% from $59.3 million in July 2019, when online gaming was still in its infancy in Pennsylvania.

Gross revenue also surged to $8.1 million, up 22.3% from $6.7 million in June and up 185.7% from $2.9 million in July 2019. July’s revenue produced $2.8 million in state taxes and another $162,950 in local share assessment. Sportsbooks have now produced $51.6 million in state taxes and local share assessments since launching in November 2018.

“Even just over a week of baseball and a few days of the NBA was enough to unleash pent-up demand for wagering on major sports,” Gouker said. “August should be a huge month, with NBA and NHL playoffs drawing bets that aren’t typical in the late summer. That should help Pennsylvania’s sportsbooks make up a little of the revenue lost this spring.”

Not surprisingly, bettors continued their overwhelming preference for online betting, accounting for 94.3%, or $155.4 million, of July’s handle. FanDuel Sportsbook at Valley Forge Casino remains the market’s dominant player, collecting $68.8 million in online bets, more than doubling the $32.9 million in June wagers. July’s handle generated $1.4 million in taxable revenue, down from $2.9 million in June. FanDuel was followed by:

  • DraftKings at The Meadows ($39.1 million handle, up from $25 million; $1.8 million taxable revenue, up from $1.4 million)
  • Rivers-Philadelphia ($12.7 million handle, up from $9.4 million; $896,195 revenue, up from $594,862)
  • Fox Bet at Mount Airy ($11.9 million handle, up from $8.4 million; $965,052, up from $683,217)
  • Rivers-Pittsburgh ($10.4 million handle, up from $5.9 million; $711,445 revenue, up from $519,774)
  • Parx Casino ($9.1 million handle, up from $5.2 million; $822,701 revenue, up from $692,649)
  • Unibet at Mohegan Sun Pocono ($2.6 million handle, up from $1.1 million; $152,716 revenue, up from $14,490)
  • Presque Isle Downs ($422,638 handle, up from $229,711; $31,917 revenue, up from $16,519)
  • Harrah’s ($249,584 handle, up from $132,659; $24,839 revenue, up from -$17,112)

Retail sports betting remained relatively slow in July, generating $9.4 million in bets, which was up significantly from $689,534 in June. Sportsbooks won $1.3 million on those bets after losing $99,270 in June. Parx Casino overtook the market lead with $2.2 million in July wagers, beating out Rivers-Pittsburgh’s $1.6 million handle. But Rivers-Philadelphia topped gross revenue with $303,571.

“The key for sports betting going forward is obviously the health of the various major sports leagues in the U.S.,” said Valerie Cross, analyst for PlayPennsylvania.com. “We saw with the Phillies that the pandemic can abruptly alter the sporting landscape. And with college football in jeopardy this fall, and the NFL still working through its plans, the fall remains quite uncertain.”

Online casinos and poker

The momentum of online casinos games and poker continued in July, even with retail casinos open. Online gambling generated $54.4 million in gross operator revenue, or $1.8 million per day in the 31 days of July. That was up from $50.1 million in June, or $1.7 million per day, in the 30 days in June. July’s revenue generated $15.5 million in state taxes. 

Online table games and slots produced $1.8 billion in wagers, up from $1.7 billion in June, resulting in $51.4 million in revenue. Mount Airy/PokerStars, the lone poker operator in the state, generated $3 million on poker, down from $3.2 million in June.

And more online casinos are on the way. Wind Creek Bethlehem and PlayLive! Casino — which has yet to build its planned Philadelphia casino — launched online casinos in August.

“The pandemic has accelerated the maturity of Pennsylvania’s online gaming market dramatically,” Cross said. “By comparison, it took New Jersey more than six years to top $50 million of online gambling revenue in a month. Pennsylvania managed to do it in less than a year. That growth has been vital to the stability of Pennsylvania’s gaming industry.”

Other highlights from June:

  • Rivers-Philadelphia led the online casino market with $15.4 million in revenue on $612.1 million in wagers, up from $15 million in revenue on $567.3 million in wagers in June.
  • DraftKings/Penn National generated $10.8 million in revenue on $339.9 million in wagers, up from $9.6 million in revenue and $302.7 million in wagers.
  • FanDuel/Valley Forge collected $8.4 million in online revenue on $346.4 million in wagers, up from $7.8 million in revenue on $286.6 million in bets

For more information on the revenue generated by Pennsylvania, visit www.playpennsylvania.com/revenue.

 

About the PlayUSA.com Network:
The PlayUSA.com Network is a leading source for news, analysis, and research related to the market for regulated online gaming in the United States. With a presence in over a dozen states, PlayUSA.com and its state-focused branches produce daily original reporting, publish in-depth research, and offer player advocacy tools related to the advancement of safe, licensed, and legal online gaming options for consumers. Based in Las Vegas, the PlayUSA Network is independently owned and operated, with no affiliations to any casino — commercial, tribal, online, or otherwise.

Gambling in the USA

Mohegan Digital Launches New Online Casino Experience in Pennsylvania: Play.MoheganPAcasino.com

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Mohegan Digital Launches New Online Casino Experience in Pennsylvania: Play.MoheganPAcasino.com

 

Mohegan Digital, which is the iGaming division for Mohegan, fully launched a new online gaming experience in Pennsylvania. Play.MoheganPAcasino.com and associated mobile apps are now live and offering an advantageous sign-up bonus. Like all Mohegan Digital online gaming offerings, MoheganPAcasino.com has no shortage of thrilling slots, table games and more.

“This is an exciting moment for Mohegan Digital as we expand our very own online gaming brand to Pennsylvania, in close coordination with Mohegan Pennsylvania,” said Rich Roberts, president of Mohegan Digital. “Our growth with the MoheganSunCasino.com app in Connecticut and New Jersey continues to surpass expectations, as does our PlayFallsView app in Ontario, CA. To now have our fourth launch in the great state of Pennsylvania marks another great opportunity for Mohegan Digital!”

PA residents and visitors can now visit Play.MoheganPAcasino.com or download the MoheganPAcasino.com iPhone app on the App Store, or through Google Play for Androids users as well. Navigation to the new online casino experience is also available through MoheganPA.com.

Play.MoheganPAcasino.com offers players daily jackpots, along with more than 500 total games across Slots, Table Games and Live Dealer offerings. Some popular games at launch are Vegas Nights, BlackJack Diamond Series, Cash Machine, Wheel of Fortune PowerWedges, Cleopatra, Ultimate Fire Link, 88 Fortunes, Deal or No Deal Slingo, Live Dealer games, Baccarat and much more. By this summer, Mohegan Digital is expected to increase the total number of games to 700.

Additionally, Mohegan Pennsylvania’s popular Momentum program, which is a free to sign-up loyalty rewards program allowing members to earn perks, points, tournament invites and leveling up opportunities, will be synced in with online accounts later this spring as part of this exciting roll out of MoheganPAcasino.com. This means that whether guests are playing online or in person at the premier gaming destination in Pennsylvania (Mohegan PA), the benefits build in the same account.

“We’re dedicated to offering an unmatched online gaming platform in the fast-growing iGaming industry,” said Guy Greene VP of Marketing, Mohegan Digital. “Creating a fun, immersive and user-friendly experience, combined with reliability and great guest service are features that Mohegan Digital have become synonymous with, and we’re thrilled to bring it all to Pennsylvania.”

A rebrand of the on-site Sportsbook inside Mohegan Pennsylvania in Wilkes-Barre, PA, which is currently known as the Unibet Sportsbook, will also soon take place. Located near the entrance of Mohegan PA, this popular venue which offers plenty of prop bets, same game parlays, futures and much more, will soon be known as the Mohegan Pennsylvania Sportsbook. Guests can stay tuned to moheganPA.com for details, as this rebrand will also take place at Mohegan Pennsylvania’s off-track wagering locations in Lehigh Valley and Allentown.

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Gambling in the USA

Games Global Launches Custom Slot Game Caesars Palace Frenzy with Caesars Digital

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Launch marks the first bespoke game launch in the partnership between gaming operator and premier gaming provider

Games Global today announced the exclusive launch of Caesars Palace Frenzy, a Caesars-branded slot title that marks the first bespoke game launch on behalf of Games Global’s partnership with premier gaming operator Caesars Digital. Caesars Palace Frenzy is now exclusively live on Caesars Palace Online Casino in New Jersey with plans to expand to Michigan and Pennsylvania, offering players another highly engaging, operator-specific gaming experience with iconic Caesars Palace branding.

Caesars Palace Frenzy combines the excitement of the Las Vegas Strip’s iconic casino with innovative gaming dynamics crafted by Games Global. Designed exclusively for Caesars Digital online casino players, this game delivers an online slot experience with engaging gameplay, sophisticated graphics and dynamic features like scatter pays, multiplied free spins selected by a concentric wheel and a seven-tier jackpot line-up.

This launch demonstrates Games Global’s continued emphasis on partnering with top iGaming operators to deliver exclusive and custom gaming products to players.

“Working closely with Caesars Digital to create Caesars Palace Frenzy has been an exciting journey,” the Chief Executive Officer for Games Global, Walter Bugno, said. “This game is more than just an online slot experience, it is an adventure that mirrors the thrill and grandeur of one of the world’s most iconic destinations. We’re thrilled to see it come to life and deliver a unique blend of entertainment and gaming.”

“We’re committed to collaborating with top gaming providers to launch custom online casino experiences for our players that can’t be found anywhere else,” the Senior Vice-President and Chief iGaming Officer for Caesars Digital, Matt Sunderland, said. “Caesars Palace Frenzy delivers on that commitment by providing an elevated gaming experience that we’re certain our players will enjoy.”

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Gambling in the USA

Alabama-Coushatta Tribe of Texas Announces Plans to Build New Casino Resort

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The Alabama-Coushatta Tribe of Texas has announced the plans to build a brand-new casino resort on its Tribal lands in Polk County.

“We are incredibly excited to embark on this new chapter. This new casino resort will not only provide significant economic benefits for those living and working in the region, but it will also become a vibrant destination for visitors,” Ricky Sylestine, Chairman of the Tribal Council, said.

While specific details are still being finalized, the new resort may offer a variety of amenities including a state-of-the-art casino floor, hotel accommodations, and diverse dining and entertainment options.

The Tribe has engaged the architectural firm FFKR to design the new resort. FFKR is known for its innovative and creative designs. The Tribe is confident the firm will create a truly exceptional destination.

In addition to the new casino resort, the Tribe is planning an extensive remodel to its existing Ischoopa/One Stop Convenience Store and Truck Stop. The remodel will include adding electronic bingo machines.

The Alabama-Coushatta Tribe of Texas will be releasing news related to the new resort and any additional developments in the coming months.

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