Pennsylvania in the News — Weekly Round-up for November 23, 2018

Penn National Gaming Live Testing Sports Betting Tech

Final checks and testing prior to Gaming Commission operational green light

Penn National Gaming in Pennsylvania has confirmed that over the past two days it has been live testing its sportsbook technology in preparation for action once the state Gaming Commission is satisfied in every respect.

PNG received its Pennsylvania licence in early October and has partnered with UK betting company William Hill’s US subsidiary to power its Hollywood Casino at Penn National Race Course sportsbook operation. Once achieved, the launch will be the first of its kind in Pennsylvania, making the state the sixth to inaugurate sports betting activity.

In related news, local media reports are that a fifth sports betting licence application is being considered by the Pennsylvania Gaming Commission following an application from Boyd Gaming’s Valley Forge Casino Resort.

InfoPowa readers will recall that Boyd has a sports betting partnership with the European gambling group Paddy Power Betfair FanDuel Sportsbook alliance. Regulatory requirements make it unlikely that Valley Forge will launch its sports betting operations until well into Q1-2019.

Pennsylvania Fantasy Rises

Predictably market is led by DraftKings and FanDuel

The latest report on Fantasy Sports Revenue from the Pennsylvania Gaming Control Board covers the month of October 2018.

Total Fantasy adjusted revenue for October was $2,902,863 compared to adjusted revenue of $2,133,714 in September 2018.

Tax revenue generated during October was $435,429.

DraftKings leads the pack accounting for $1.5 million of the total adjusted revenue, followed by FanDuel with $1.2 million.