Pennsylvania is the seventh state to officially start accepting sports bets.

Hollywood Casino officially launched The Sportsbook at Hollywood Casino Penn National on Nov. 17, 2018. It is the first retail sportsbook to go live in the state. However, Rivers Casino and SugarHouse Casino joined the party when the properties fully opened their sportsbooks on Dec. 15. Parx brought the number to four when the property held the grand opening for its sportsbook on Jan. 10. South Philadelphia Turf Club made it five when it launched Jan. 17.

And there were four sportsbooks in the Philadelphia area and six altogether when Harrah’s Philadelphia began testing on Jan. 22.

Pennsylvania is now at the forefront of sports betting in the United States. On May 14, 2018, the Supreme Court overturned the federal ban on sports betting put in place by the Professional and Amateur Sports Protection Act (PASPA). As part of Pennsylvania’s gambling expansion law of 2017, it set up a framework to offer sports betting should the law change.


Current PA sports betting locations

 

There are currently six sportsbooks operating in Pennsylvania. These are:

Each of these properties only offers sports betting on the property. If you’re looking to bet online, that it still a few months away. However, these casinos have things like betting kiosks to help you avoid waiting in a long line to bet.

The rest of the casinos that submitted applications are in various stages of the launch process. Two are conditionally approved and need to satisfy a list of conditions from PA Gaming Control Board (PGCB). Those are:

Valley Forge Casino is conditionally approved and needs to satisfy a list of conditions from PA Gaming Control Board (PGCB).

Presque Isle Downsis also conditionally approved as of Feb. 6. It is a couple of months behind Valley Forge but could open in March or April if it can meet PGCB conditions quickly.

Here is the info on when the books are launching, when to expect mobile, who opted in for a sports betting license, and who is still sitting on the sidelines.

When can we expect sports betting to launch in PA?

Timeline for retail and online sportsbook launches:

CasinoExisting online partnersProjected launchInteractive application status
Harrah's888Q2 2019Conditionally approved
Hollywood (Penn National)IGTQ2 2019Conditionally approved
Mount Airy888 / PokerStarsQ2 2019Conditionally approved
ParxGANQ2 2019Conditionally approved
Sands BethlehemN/AN/AConditionally approved
SugarHouseRush Street Interactive / KambiQ2 2019Conditionally approved
Valley ForgeIGT / GANQ2 2019Conditionally approved
Stadium Park Philly Live! CasinoGANN/AConditionally approved
Presque Isle DownsGolden NuggetQ2 2019Conditionally approved
Mohegan Sun PoconoKindredN/AConditionally approved
MGM Resortsbwin.partyN/AApplication pending
Golden Nugget NJNYXN/AApplication pending
The remaining six Pennsylvania can submit an application for a $10 million license at any time. The process is an open one, with no set due dates to submit paperwork.

Dollars of sports betting revenue

Here’s what PA sportsbook have brought in so far

Frequently asked questions about PA sports betting

Do I have to live in Pennsylvania to bet?

No. Anyone who is inside state lines can bet at the retail sportsbooks or on an online betting app. However, you must be within state lines to place that bet.

How old do you have to be to bet?

Bettors must be at least 21 years old.

Why are some casinos slow to sign up?

Other casino groups might be waiting for the PGCB to adopt permanent regulations before plunking down the cash.

In May the PGCB released temporary regulations after interested parties ranging from the leagues to the casinos wrote letters offering input and suggestions. They issued another set of regulations on Aug. 15, 2018.

While the property has not applied, Mount Airy Casino committed to sports betting. It did so when it announced its partnership with The Stars Group.

Where can I place sports bets in the meantime? New Jersey

While Pennsylvania struggles to drum up applicants, New Jersey sports betting is already well underway.

The first sportsbook to open in the Garden State was Monmouth Park back in June of 2018. The horse racing facility partnered with longtime sports betting provider William Hill.

Since then, seven more brick and mortar sportsbooks launched in the state. Most are located in Atlantic City, but Monmouth Park and The Meadowlands are outside of the gambling city. So far, The Meadowlands is the leader in the brick and mortar market.

There are plenty of other players in the NJ sports betting game though. Pennsylvanians need only cross the state line to take advantage of one of the eight following mobile sports betting options:

DraftKings Sportsbook was the first of the betting apps to launch, taking bets starting Aug. 1, 2018. In the month leading up to football season, the rest joined the market.

You’ll notice one distinctly Pennsylvanian name on this list too. SugarHouse Casino is in Philadelphia, but it has been part of the NJ online gambling scene for a couple of years. The casino launched a real-money online casino in New Jersey in 2016. When it debuted its sportsbook app on Aug. 23, 2018, it was the first in the state to combine the sportsbook and casino into a single interface.

Anyone over the age of 21 and located in the state of New Jersey can wager on these online betting apps. Moreover, unlike Nevada, New Jersey does not require customers to set up an account in person. So, all a PA bettor needs to do is pop over to NJ, open an online account, and take advantage of the action.

How big will the market be for Pennsylvania sports betting?

Getting a read on the size of the sports betting market in Pennsylvania is difficult, given several factors.

First, outside of Nevada, legal sports betting didn’t really exist in the US. And while there are estimates out there about how much is wagered at illegal sportsbooks — both domestically and offshore — those are just guesses.

Here’s what we do know. Nevada does just over $11 billion in gaming revenue each year. While gaming win on sports betting can vary from year to year, in 2016, total handle (amount of money wagered at sportsbooks) clocked in at $4.5 billion.

Meanwhile, Pennsylvania checks in at about $3.2 billion of total gaming revenue. If there were a direct correlation between total gaming win and sports betting, then we would expect to see somewhere on the order of $1 to $1.5 billion in handle in a fully mature PA sports betting market.

However, there are reasons to think the Pennsylvania sports betting market could be even bigger than that. The aforementioned interest in pro sports makes the market primed for even more wagering as a percentage of gaming dollars in the state.

Assuming a hold of somewhere north of five percent for sportsbooks, Pennsylvania casinos stand to generate upwards of $50 to $75 million in revenue, possibly reaching nine figures.

Who regulates sports betting in the state?

The PGCB oversees sports betting in the Keystone State. Both racetracks and casinos can accept wagers. There will be both in-casino wagering as well as mobile wagering.

In order to accept bets, casinos need to apply for a $10 million sports betting license. In addition to this hefty fee, there are also some hefty taxes to go along with it.

There is a 34 percent tax on gross gaming revenue from sports. Additionally, there is a .25 percent fee on handle and a two percent tax that serves as a local revenue share.

Who will the major players be in the PA sports betting market?

There are many casinos in Pennsylvania. And undoubtedly all of them will want to offer sports betting. But some markets/casinos will be better set up to succeed at sports betting than others.

SugarHouse and Rivers Casinos

Rush Street Gaming refused to sit around and wait for PA to launch online casinos and sports betting. Instead, the company launched the PlaySugarHouse brand in New Jersey. First, it was an online casino, then an online sportsbook followed in 2018. Both SugarHouse Casino and Rivers Casino in PA will benefit from the head start, especially when it comes to mobile betting. As for retail, the casinos are both conveniently located in Philadelphia and Pittsburgh, respectively, and are poised to be popular places to watch the local pro teams and wager.

Daily fantasy sports brands

Don’t think Pennsylvania will be any different than New Jersey. Daily fantasy sports sites are dominating in the Garden State, and you can expect the same for PA. FanDuel will be up and running shortly through its partnership with Valley Forge Casino. DraftKings is still lacking a land-based partner, but we would not expect that to be the situation in the coming months.

South Philadelphia Turf Club

Let’s be clear, online betting is going to determine the market leaders in PA sports betting. However, it is worth noting that there is one retail sportsbook with a significant edge over the rest of the retail market.

South Philadelphia Turf Club is literally situated in the parking lots for Lincoln Financial Field and Citizens Bank Park. Additionally, it is just a mile away from Wells Fargo Center. With a location walking distance from every major Philadelphia sports team, this OTB is arguably in better shape than any other retail sportsbook in the state.

Application process for sportsbook began in August 2018

Hollywood Casino owner submitted paperwork on Aug. 17. On Aug. 24, Parx submitted two applications. One is for the $10 million license for the casino to offer sports betting. The other is a petition for the South Philadelphia Turf Club to take wagers on sports as well. Both the South Philadelphia Turf Club and the Valley Forge Turf Club will offer sports betting. The South Philadelphia location should begin testing the week of Jan. 14.

The secondary application does not feature another fee. If approved, the off-track betting parlor in Philadelphia could take wagers. It would be huge for the company, given that the Turf Club is located in the Stadium District next to the arenas for all major Philadelphia sports.

Stadium Casino will also be in that area of town. However, that property is not scheduled to open until 2020.

Nearly a month after Parx, Harrah’s Philadelphia submitted its application. Later that week, SugarHouse Casino threw its hat into the ring as well, as did its sister property in Pittsburgh, Rivers Casino. All three received their approval to launch at the Oct. 31 Pennsylvania Gaming Control Board (PGCB) meeting.

Valley Forge submitted its application on Nov. 14. The casino has a partnership with FanDuel Sportsbook, which already has paperwork in to be a PA sports betting operator.

Presque Isle Downs was another casino that wanted to get into sports betting, but had not submitted paperwork. That changed on Dec. 7 when it applied, creating a scenario where there were more casinos offering sports betting than not.