Clicky

FanDuel Acquires Sports Betting License in Pennsylvania - PennsylvaniaPoker.com News % : PennsylvaniaPoker.com News
pa-billboard
Published on
Update on
Author

During a recent Pennsylvania Gaming Control Board (PGCB) meeting, emergent online sports betting leader Fanduel was finally handed a license to offer its sports betting services in the state. Betfair Interactive LLC., FanDuel’s parent company, has been awarded a “Conditional Sports Wagering Operator License” which means that the operator can now begin preparing to launch its much-anticipated sports wagering business.

As stipulated by Pennsylvania gaming laws, FanDuel was required to have a partner in order to offer its services and the company chose to go with the Boyd Gaming’s Valley Forge Casino Resorts which is based in King of Prussia. The partnership between both companies will cover both land-based sports betting and online sports betting activities – the land-based sportsbook will be the fifth sportsbook to launch in the Philly where there are already four other amazing retail sportsbooks.

While Valley Forge Casino Resort was awarded a sports betting license by the gaming control board in December 2018, FanDuel was forced to wait a few more months as its application was reviewed. The casino operator was able to get the sixth sports betting licenses at a cost of $10 million and is set to be one of the biggest players in the Keystone State’s sports betting market.

Most gamblers will definitely be more interested in the mobile sports betting options that the casino is set to offer alongside FanDuel. However, they will need to wait a little longer thanks to recent complications that have been brought about by the recent reversal of the Wire Act of 1961 by the United States Department of Justice. Still, the physical Valley Forge sportsbook that is scheduled to launch in April is definitely a great place to start for both the operator and the customers – the customers will not only benefit more because Valley Forge will need to bring their A-game with their casino offering but also because with so many competitors in the market, there will be way more options.

Pennsylvania Is Not Done Yet

Other developments that came from the PGCB hearing was the approval of Greenwood Gaming’s sportsbook at its Valley Forge Turf Club. Even though the off-track betting parlor will be located near the Valley Forge Casino Resort, the two are not affiliated with each other in any way.

NetEnt Americas, LLC., and GAN PLC also got Interactive Gaming Manufacturer Conditional Licenses that will allow them to collaborate with the established casino operators in the state to offer their neat array of services in the states vast and rapidly growing gambling market.

Latest Headlines

Online Poker in Pennsylvania Sets an All-Time Revenue Record

Online poker in Pennsylvania soared during lockdown in April with PokerStars PA posting $5,253,304 in revenue over the period. PokerStars PA Notches Record Poker Revenue in April While poker won’t return soon to physical card rooms in Pennsylvania, the online poker market has been booming. With PokerStars PA generating $5,253,304 in April, based on Pennsylvania […]

Pennsylvania’s Biggest Online Poker Tournament Kicks Off on May 17

On May 17, PokerStars PA will launch the Pennsyl-MANIA online poker tournament, which will be the biggest poker event on record in the Keystone State. Pennsyl-MANIA by PokerStars Happening on Sunday PokerStars PA is bringing out $250,000 in guaranteed prize pools for its upcoming Pennsyl-MANIA tournament. The event will take place on Sunday, May 17, […]

“Stars Call For Action” PokerStars Tournament Kicks Off

PokerStars is hosting a charity tournament on Saturday, May 9, which will be broadcast on 2 pm ET on Twitch, Facebook and YouTube. The event will feature a number of famous personalities who will play their best hands to help support first respondents in the COVID-19 relief efforts. The total prize pool of the event […]

WSOP PA Launching as soon as 888poker Finalizes Platform

The World Series of Poker or WSOP.com is close to all systems go for the Pennsylvanian market. One of the largest and most significant poker networks in the United States is on the cusp of launching in the regulated online poker market in the Keystone State with WSOP PA. With Pennsylvania players able to participate […]

PokerStars Announces MicroMillions and SCOOP 2020

With online poker soaring globally, and the online poker population doubling in a single month, PokerStars continues to announce new tournaments. The MicroMillions and SCOOP will offer players to sit down and play in some significant events globally. PokerStars also just reported a 27% growth year-over-year in the first quarter, despite the ongoing lockdown. MicroMillions […]

Similar PA Casinos Post

PA Hosts Problem Gambling Month Events in March

Pennsylvania is stepping up its efforts to tackle problem gambling – even before the numbers suggest there is a problem to begin with. A new website, www.ResopnsiblePlay.pa.gov, has launched to assist people who might suffer from problem gambling or are at a risk of a developing the disorder. The website runs an exhaustive questionnaire that […]

Rush Street Gaming Launches New Sugarhouse Sportsbook As BetRivers

The new BetRivers Sportsbook is now open to the public in Pennsylvania. The entire project has cost $5 million, and promises to provide players with state-of-the-art betting facilities in a modern setting. The project has been launched by Rush Street Gaming, and is part of the rebranding of the Sugarhouse name as Rivers. An Ultramodern […]

Parx Casino Extends Footprint to New Jersey

Needless to say, Pennsylvania’s retail and digital gaming markets are doing quite well. Its sports betting market has rapidly grown and is now one of the most lucrative ones in the United States. Parx Casino in Bensalem has been one of the biggest players in the state’s gambling industry and its sports betting offering is […]

Kindred Debuts Unibet-Branded Sportsbook in Pennsylvania

Last Friday, Nordic online gambling operator Kindred Group followed up its New Jersey debut by launching its second sportsbook in the Keystone State. The company’s Unibet branded sportsbook officially went live in Pennsylvania through a multi-year partnership with Mohegan Sun Pocono which is owned and operated by Mohegan Gaming & Entertainment, Mohegan Tribe’s casino resort […]