Just when we thought that everything had reached the peak for the Keystone State’s sports betting market, the Pennsylvania Gaming Control Board on Friday announced that two more land-based casino operator are angling to venture into the booming sports betting industry. Mount Airy Casino Resort and Mohegan Sun Pocono, the two casinos, that forward their applications to the state gaming regulator will be joining six other land-based casino operators and two off-track sports betting parlors in the sports betting industry.
The casinos that currently have licenses to operate sports betting facilities in the state and are offering the services include SugarHouse Casino in Philadelphia, Harrah’s Philadelphia Casino in Chester, Rivers Casino in Pittsburgh, Hollywood Casino at Penn National Race Course near Hershey and suburban Philadelphia’s Parx Casino and Valley Forge Casino. Presque Isle Downs is supposed to be part of the list but even though it has been awarded a sports betting license by the PGCB, it is yet to debuts its sports betting offering.
Ever since the United States Supreme Court lifted the federal ban on sports betting, there has been a lot of interest in the sector and it is therefore not much of a surprise that license applications are still streaming in. Both new applicants may be a little late to the party but it goes without saying that more sportsbooks mean that the punters will have more options and thus there will be overall better services due to competition.
The Keystone State’s sports betting market has been very slow to take off perhaps because of because it is still in its nascent stages. However, this is all expected to change once online and mobile gambling finally goes live hopefully in the course of the year.
Expected Times of Arrival
Mount Airy has been aggressively gaming expansion plans and the sports betting license is part of its quest to become a dominant force in the state’s gaming scene – it was approved for interactive gaming last August, a vertical that will pay off decently once it gets the green light from the regulators and lawmakers.
Mohegan Sun, on the other hand, is seemingly not in too much of a hurry to launch its sports betting vertical but this is likely to change in the course of the licensing process. Just like Mount Airy, Mohegan Sun is also banking on hopes that the Pennsylvania Gaming Control Board will give the go-ahead for the debut of the online and mobile gaming industries which are currently considered to be necessary catalysts for sports betting across the United States.