Pennsylvania sets online sports betting debut date
Regulators in the state revealed that online gambling and online sports betting will debut on July 15.
US.- Pennsylvania Gaming Control Board (PGCB) officials revealed late last week that online casino-style gambling and online sports betting is close to starting in the state. It is expected that local citizens will be able to enjoy the market by July 15.
Despite the fact that officials have set July 15 as the rollout of online casino-style gambling, the regulator body revealed that online sports betting sites could start testing their businesses in two or three weeks.
Most of Pennsylvania casinos have already purchased an online gambling certificate, a licence to operate sports betting or both. As established by local regulations, players have to be at least 21 in order to participate in online sports betting and set up an account in Pennsylvania.
Land-based sports betting recovered in March
After a significant decrease in revenue experienced in February, the sports betting industry recovered in March in the state. Revenue in state facilities totalled US$5.5 million in revenue during last month’s operations.
Last month’s results represented an increase from February, where the segment suffered a setback. The state’s sports betting market posted a decrease of US$700k in total revenue to US$1.9 million. The results are down from January’s US$2.6 million. Total handle was also down from US$32 million in January to US$31.5 million in February. Taxes paid to the Commonwealth totalled US$700k.
Total revenue from March rose to US$5.5 million. Rivers Casino and SugarHouse Casino were the facilities with the biggest share with US$1.3 million and US$1.2 million respectively.
