The Parx Casino and GAN will continue their relationship by working together for online gaming as well as sports betting in Pennsylvania.
After sports betting became an option for states in the US, it seems it got the wheels of motion turning as state after state has begun to offer the option or work on legislation to legalize sports betting within their borders. In Pennsylvania, sports betting has been legalized but is not on offer as of yet as operators begin to build partnerships to get started. Parx Casino is one venue that has decided to extend their partnership agreement with an existing partner, GAN, to work together for online gaming as well as sports betting in Pennsylvania.
Continuing a Gambling Partnership
On Monday, GAN and Parx Casino announced they have signed an extended contract agreement that will see the two working together to offer sports betting in a retail and online setting within the state. GAN will be providing the software for the company, based on a petition filed by Parx within the state Gaming Control Board.
CTO of the Parx parent company, John Dixon, commented on the partnership extension within a press release by stating:
First Retail Sportbook
The deal involving sports betting is a big one for both companies. Parx will be providing the location and GAN will be powering the retail sportsbook offering and being the sole provider of online casino and sports betting for the casino. This means that visitors will be using a single account for wagering. Players can use a unified online wallet to have funds for playing online casino games and placing sports bets. The funds can be used for in-person betting as well as online.
According to the chief commercial officer of GAN, Jeff Berman, the company will now be offering clients a Platform that is equipped with multiple options that can be used for sports betting alongside the GAN online casino product. The company looks forward to delivering sports betting via a retail channel at the Parx as well as online with the unique Platform that GAN has created using patented technology.
Additional Partnership Agreements
The Parx Casino and GAN are not the only operators in the state that are preparing for additional gaming, be it online or sports betting, or both. The Rivers Casino has announced a partnership agreement with Rush Street Interactive while SugarHouse will be working with Rush Street as well. Valley Forge will be working with GVC once the sale of Boyd Gaming has been finalized.
All of these groups are ready to get started offering online gaming and/or sports betting. So far, a total of nine casinos in Pennsylvania, out of 12 in operation and one pending, have applied for online gaming licensing. Along with the Parx, Mount Airy, Hollywood Casino, Harrah’s Philadelphia, Sands Bethlehem, Rivers Casino, Stadium Casino and SugarHouse Casino have all sent in the appropriate paperwork. Of that group, Stadium Casino is the only venue that does not have a physical location as of yet. The casino will be located in the area of Philadelphia.
It will be interesting to see how well the state fares once online gambling and sports betting are in full operation. Will they give New Jersey a little competition?