Pennsylvania Casino Industry Posts Record Revenues.
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Though casino gambling is a relatively new industry in Pennsylvania, the state ranked second in the U.S. (behind Nevada) in gross casino revenue. PA charges its online casino operators some of the highest tax rates in the U.S., including 54% for slots and 36% of sports betting gross revenue, in addition to stiff licensing fees. That has caused some operators to scale down or delay their online.
Just a decade ago, nobody would have thought of Pennsylvania as one of America’s leading destinations for casino gambling. But that all changed over the course of just a few short years, as the state went through a tremendous round of gaming expansion to become the second-biggest gaming revenue producing state in the country, trailing only Nevada.
Is online poker legal in Pennsylvania? Yes, when Gov. Tom Wolf signed bill H 271 into law on Oct. 30, 2017, online gambling became legal in Pennsylvania.This bill includes poker, casino table games, slots, and sports betting. That made Pennsylvania the fourth state to legalize online poker. Seven of the 13 casino license holders in Pennsylvania applied for licenses to operate online poker sites.
Mobile PA sports betting launched in May 2019, with SugarHouse Sportsbook first to test its product and go fully live. By February 2020, eight online PA sportsbooks operate and take most of the bets in the Keystone State. There should be more mobile sports betting options for the state’s bettors soon. Most operators plan to launch PA sports betting apps in the coming months.
The Keystone State is one of the nation’s biggest sports betting markets. How old do I need to be to bet on sports in Pennsylvania? Sports bettors in Pennsylvania must be 21 years old in order to place an online bet with a mobile device or in-person at one of the 12 brick-and-mortar casino sportsbooks. How do PA online sportsbooks know my location? All PA online sportsbooks use geolocation.
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