Another sportsbook and Pennsylvania online casino could be launching soon.
Bet365 has struck a deal with Churchill Downs Incorporated (CDI) in an attempt to enter the Pennsylvania market.
Right now, there are 14 Pennsylvania sportsbooks and 18 online casinos in the Keystone State.
Churchill Downs Incorporated partners with bet365 for PA launch
CDI stated in February 2022 that it was exiting the online sports betting and casino industry, and that it would just focus on horse racing.
It appears as if bet365 is replacing CDI’s TwinSpires, one of the least used sports betting apps in Pennsylvania. Bet365 is using CDI’s license with Presque Isle Downs and Casino.
“We are pleased to partner with a global leader in the online gaming industry,” CDI CEO Bill Carstanjen said in a press release. “Our relationship with bet365 enables us to maximize the value of our company’s sports betting and iGaming market access in Pennsylvania.”
A spokesperson for bet365 said:
“Off the heels of our launch in Ohio, we are thrilled to announce our partnership with Churchill Downs Incorporated. Once live, the world’s favorite online sports betting brand will be available to sports fans in Pennsylvania, offering fantastic site features, including Bet Boosts, Same Game Parlay, Cash Out and Edit Bet, on top of our market-leading sign-up offer.”
Twinspires is expected to stay in the horse racing business.
How would bet365 Sportsbook stack up in PA?
Bet365 is only available in New Jersey, Colorado and newly launched Ohio. It would enter a strong market with fierce competition in Pennsylvania.
FanDuel PA Sportsbook and DraftKings PA Sportsbook are the two most popular platforms in the state. FanDuel regularly holds a 38-42% market share in PA, followed by DraftKings’ 25%.
BetMGM PA Sportsbook and Barstool are a distant third and fourth, respectively.
Pennsylvania broke all-time records for sports betting and online casino handle in October 2022.
What to expect from bet365 PA online casino
In New Jersey, new players can get a 100% bonus up to $1,000 to start with bet365 online casino. PA players would likely benefit from similar promotions.
Bet365 offers slots and table games. It appears they do not offer live dealer games.
Some of the popular slots include:
- Divine Fortune
- Wheel of Fortune
- Fortune Coin
- Cash Eruption