Clicky

Non-Stop March Madness Betting at Pa.'s Rivers Casino - PennsylvaniaPoker.com News % : PennsylvaniaPoker.com News
  • 44 views
  • 3 minutes read
Published on
Update on
Author

Legalized sports betting in the Keystone State has been on full throttle for almost four months now and it has been paying off quite decently despite the recent reports of revenue drops in February. One casino, in particular, seems to be reaping the most out of the new legalized sports betting market especially because of March Madness, the basketball tournament that is run by the National Collegiate Athletic Association (NCAA). Rivers Casino, the gambling establishment in question, has already taken in a ton on wagers and this is definitely bound to get even better along the way.

Rivers Casino has seen non-stop wagers since the tournament started and according to the Jimmy Vaccaro, the casino’s director of sports relations, the turn out will even be much better than anticipated. Vaccaro also pointed out that out of the casino’s 12 self-service sports betting kiosks, not even a single one was not being used.

“It’s steady, it just keeps coming, it’s a lot more than I thought I would be,” Jimmy Vaccaro said.

He further noted that most of the bets that have been placed on the March Madness games are on a win-loss line. There are also a number of high-risk, high-reward parlay bets where the punters are simultaneously wagering for the winners of three to five games.

The Rivers Casino sportsbook went live on December 13 sat year following the approval of its gaming license by the Pennsylvania Gaming Control Board (PGCB) in October. Since then, the Rush Street Gaming-owned company has been all the other casinos including SugarHouse Casino and Penn National Gaming a run for their money in the world of sports betting. With the impressive March Madness that it is reporting the sportsbook is definitely headed to being a dominant force in the state’s sports betting industry.

Exploiting the March Madness

The NCAA’s tournament series, otherwise referred to as March Madness is without a doubt the most active sports betting events in the United States – it comes only second to the NFL Super Bowl. In the Keystone State, close to 80 percent of the residents have already placed or are anticipated to place a bet or make a bracket at some point during the run of the NCAA tournament. More states have been embracing sports betting after acknowledging the potential of the industry when it comes to revenue most of which was previously channeled to Nevada, the only state where sports betting was legal, and illegal or unregulated offshore betting sites.

With the tournament having already kicked off, it will not be long before the Rivers Casino and other sportsbooks began to crunch the numbers to find out exactly how much money or profit they will be making.

Latest Headlines

PA Court Allows Seizure of Skill Game Machines

The Pennsylvania State Police can now resume their seizure of skill games from Pace-O-Matic. There has been plenty of controversy over the games, as a ruling deemed the games illegal. This ordeal began in November, when a court ruling determined that skill games from Pace-O-Matic and other operators could not legally operate in the state. […]

New York, Nebraska and Kentucky Introduce Poker Bills

2020 seems like it is going to be a great year for poker across the United States. We’re not even a month into the year yet, and three states have introduced laws that aim to legalize the game along with other gambling activities. First, there was Nebraska. Lawmakers in the state decided to introduce a […]

Parx Casino Teams Up With Everi Interactive in Exclusive Content Deal

Online casinos across Pennsylvania are working hard to offer their players exciting gaming experiences, and what better way to do that than with a great selection of games? Parx Casino wants its players to have access to a wide range of slots, so the operator has recently entered into an exclusive content deal with Everi […]

Lucky Player Hits Huge Jackpot at PA Online Casino

One lucky player in Pennsylvania welcomed in the new year in a truly exciting way, landing a huge jackpot worth nearly $300,000 at HollywoodCasino.com. The player, who has requested that they remain anonymous, won the jackpot while playing a NetEnt slot called Divine Fortune. On December 28, the player had decided to give a few […]

Pennsylvania Gaming Board Names Casino Players Who Have Been Involuntarily Excluded

The Pennsylvania Gaming Control Board has published its list of players who have been publicly excluded from casinos. The list was started in 2010, and now has the names of 809 players from across the state who have excluded from gambling venues across the state for casino-related offenses. “The list consists of career or professional […]

Similar PA Casinos Post

DraftKings Coming to Pennsylvania in November

The Pennsylvania Gaming Control Board (PGCB) recently granted DraftKings a sportsbetting license, allowing the company to become the official sportsbook operator for Penn National. This is a very exciting venture, as punters across the state have been eagerly waiting to find out if DraftKings would come to Pennsylvania. Currently, the DraftKings-branded sportsbook is undergoing a […]

Pennsylvania Casinos Bring in $3.3B in 2018-19

There have been some big changes in Pennsylvania’s online gambling market this year, and they have certainly paid off. According to statistics from the Pennsylvania Gaming and Control Board (PGCB), casinos across the state generated $3.29 billion during the 2018-19 financial year. This is a 1.1% jump on last year’s gaming revenue, and it’s being […]

Parx Casino Inks Multi-Year Deal with Philadelphia 76ers

The gaming industry in the United States continues to grow at a very fast pace and so do the partnerships between various stakeholders. For instance, a number of sports teams and leagues are signing deals with gambling-related entities as part of their efforts to build their brands and bring in revenue. The latest partnership deal […]

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 […]