One of Pittsburgh’s most popular casinos is set to launch its internet sportsbook and app today. It’s been a long time coming, as sports betting became legal here all the way back in May of 2018. The Rivers Casino online sportsbook is ready to launch, and sports fans around the state are excited to begin placing their wagers.
It comes around the same time that the Parx Casino in Bensalem launches its own online sports betting platform. There are clearly some major gambling developments coming to this state. Let’s look at why these casinos are finally beginning to open their online betting markets.
Pennsylvania’s Road to Legalized Sports Betting
Pennsylvania was one of the first states in the country to work towards sports gambling regulation. Back in late 2017, Governor Tom Wolf signed a sports betting bill to allow land-based sports wagers inside the state’s casinos. Unfortunately, PASPA was still in effect at this time, which limited sports betting in the country to Nevada.
In May of 2018, the US Supreme Court ruled against PASPA. With that decision, every state now has the ability to set its own laws on sports gambling. Pennsylvania granted the Hollywood Casino at Penn National Race Course to accept the first sports bets in November of 2018.
Since that time, a number of casinos have been handed sports betting licenses. Lawmakers here also introduced legislation to allow these casinos to offer online sports betting services. They must first obtain an online sportsbook license from the state government.
Back in May, the SugarHouse began operating the state’s first internet sports betting services. Now, the Rivers Casino online sportsbook is officially launching. It’s important to note that this sports betting platform is still in a testing phase.
The Rivers Casino Online Sportsbook Opens Up Today
At 4 p.m today until midnight, the Rivers Casino online sportsbook becomes available to players throughout the state. From 2 p.m to midnight on Wednesday this internet sports betting platform is also available. The online platform will be operated by Rush Street Interactive.
During this trial phase, Pennsylvania’s Gaming Board will review its operations. The board will look into how the Rivers Casino handles financial accounting, customer interaction, responsible gambling features, and control designs of this internet sportsbook. If everything goes according to plan, the platform will permanently launch on Thursday.
The interesting thing is that the odds for the Rivers Casino internet betting platform will be the exact same as other online sportsbooks in the state. Each of these platforms has its odds created by the European-based gambling company, Kambi.
Much like New Jersey, Pennsylvania allows players throughout the state to access these online sportsbooks. They are geo-targeted, meaning everyone within the state borders can access them. Are more online sports betting websites coming here soon?
Online Sports Betting Competition Grows in Pennsylvania
As we mentioned earlier, a number of casinos in PA already have online sportsbooks. The SugarHouse was the first. On Monday, the Parx Casino began its own test-trial for an internet betting platform. Most analysts feel the Rivers Casino online sportsbook will grow to become the state’s most popular internet gaming option.
The Rivers is bringing in about $9 million in sports wagers every single month. It’s the most successful land-based sportsbook in the state. The online platform will bring in significantly more revenue, claim betting experts.
Mattias Stetz, CEO of Rush Street Interactive, states that online sports betting is already bringing in a large number of new players. He claims that the SugarHouse’s online platform is gaining more revenue than the casino’s land-based sportsbook.
“We’re happy with the numbers,” he said. “Although a full month of betting numbers for June, to compare with bricks-and-mortar sports wagering at SugarHouse, won’t be made public until mid-July.”
This certainly makes sense. Online sports betting brings in more than 80% of overall sports gambling revenue in Atlantic City. As more casinos begin to offer internet betting platforms, Pennsylvania’s sports betting revenue will increase, as well.
The Rivers Casino online sportsbook is launching today. Make sure to stay tuned for updates on more casinos in the state launching their online platforms, as well!