Clicky

Parx Casino Extends Footprint to New Jersey - PennsylvaniaPoker.com News : PennsylvaniaPoker.com News
Parx-Online-sportsbook
Published on
Update on

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 one of the most popular. In fact, everything has been going so well for the gaming facility that its parent company (Greenwood Gaming & Entertainment Inc.) is venturing out to other states.

Following a successful three-day test phase that ended last Friday, Parx Casino has officially debuted an internet sports betting offering in the neighboring state of New Jersey. The three-day soft-launch was overseen by the state’s regulator who then gave a verdict.

Why New Jersey?

New Jersey is, without a doubt, one of the biggest and most lucrative sports betting markets in the United States. A decent number of the casinos in the state are located in Atlantic City and a majority of them already offer both retail and online sports betting services.

In 2019, the amount of revenue generated from sports betting has increased in the state. Many gaming companies including Greenwood Gaming & Entertainment have taken note of this and are hopping on to capitalize on the opportunity. Parx Casino’s digital sportsbook will be the sixteenth one to launch in New Jersey, a move that will not only tighten up competition but also give New Jersey sports bettors even more choice.

Partnership With GAN

In Pennsylvania, Parx Casino’s digital sports betting operation is powered by European gambling technology solutions provider GAN. Greenwood Gaming &Entertainment partnered with GAN and Kambi earlier this year when it launched its Parx Casino online sports betting operation.

For the New Jersey digital sports betting venture, GAN will still be powering Parx Casino’s operations. According to Dan Smurtif, CEO of GAN, the extension of the partnership’s sports betting operation to New Jersey was a logical move especially considering how lucrative the new market is.

“This represents an incremental revenue opportunity for GAN and is a logical extension of our technology infrastructure to serve Parx Casino patrons who routinely cross the invisible border between these two populous states,” Smurtif commented.

With GAN’s technology, Parx Casino customers will be able to link their Reward Card online to their internet gambling accounts. This is great news for anyone who travels between the two states on a regular basis and would like to have a streamline sports betting experience. All in all, Parx has been in the industry long enough to be a force to reckon with. While it might not immediately dominate the online gaming market in New Jersey, it will definitely give all of the other operators a run for their money.

Latest Headlines

Pennsylvania’s Gaming Revenue Down in FY 2019/20, Online Helps

Pennsylvania has taken a tumble in terms of gambling results in the 2019/20 fiscal year, buoyed up by online gaming as much as possible. The Fiscal Over Finishes on a Low Point for Pennsylvania Pennsylvania is reaping big benefits from its decision to issue iGaming licenses in 2019, yet adoption hasn’t been quick enough. While […]

Pennsylvania and PokerStars PA Post $3.2M Revenue in June

Despite a back-to-back decline in online poker revenue, June has remained much stronger than the first three months of 2020. Pennsylvania Holds Good Poker Results in April Some have predicted a dip in revenue and results, but online poker in Pennsylvania is still doing very well with June’s revenue reaching $3.2 million. In May, though, […]

Mount Airy Stays Afloat Buoyed up by Poker

Mount Airy Casino Resort registers the smallest revenue decline year-over-year The casino is bolstered by Internet poker and gaming operations Sports betting in Pennsylvania begins to climb up and recover in June Out of all 12 state casinos, Mount Airy has proven the most resilient thanks to its partnership with PokerStars and online poker and […]

Partypoker May Soon Join PokerStars PA in Pennsylvania

Partypoker PA is closer to arriving in Pennsylvania, breaking up PokerStars’ monopoly, and opening an alternative cardroom for players from the Keystone State. As one of the leading platforms in the world, partypoker is well-positioned to make a splash, especially under the leadership of GVC Holdings, one of the largest gambling firms in the industry, […]

Players Will Need to Travel to Play in WSOP Online, Negreanu Says

The World Series of Poker (WSOP) Online will host 54 WSOP bracelet events on the GGPoker platform Daniel Negreanu, GGPoker Ambassador, outlines certain changes to the schedule and advises players on how to participate if they play from restricted jurisdictions Micro-stake players will get a chance to qualify for some of the big WSOP events […]

Similar PA Casinos Post

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 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 […]

Hollywood Casino to Puff Up Its App Store Offerings

Hollywood Casino has been one of the Keystone State’s casinos that have been at the helm of the statewide gambling expansion that kicked off on October 2017. The casino was the first in the state to offer sports betting and it was also the first one to have its online betting site available to bettors […]

FOX Bet Officially Launches in Pennsylvania

Just a few days to the start of the NFL season, The Stars Group’s and FOX Sports’ FOX Bet went live in the Keystone State. Now, sports bettors in both New Jersey and Pennsylvania will be able to place bets online and on mobile. The sports betting platform has been one of the most anticipated […]