In Pennsylvania, new online sports betting apps are launching on a consistent basis. The latest to start the testing phase is the online betting app of FanDuel Sportsbook at Valley Forge Casino. The operator must test their offering for three days before they can be live on a permanent basis. The Pennsylvania Gaming Control Board will be supervising the three days of testing before gaming will be approved for 24/7 gaming.
The testing phase began on Monday will take place on Tuesday and Wednesday for short time frames. The Gaming Control Board must then give approval for operations to continue on a consistent basis. When the site went live, players found that FanDuel was offering the same betting options with the odds via desktop or application.
Android and iOS users can download the same application to place sports bets. Players must download an upgrade to the existing FanDuel apps and then the geolocation component will determine the location so real money betting can begin.
FanDuel made the announcement that they would be going live with testing just a few days ago. The company is launching online via partnership with the Valley Forge Casino Resort and Boyd Gaming. The brand looks forward to begin a provider of online gaming in the state of Pennsylvania.
FanDuel Strong in New Jersey
The FanDuel company has already become a market leader as a provider of sports betting, in particular regions of the US. The company first began as a daily fantasy sports site, offering players across the United States with access to the DFS contests. Once sports betting became an option in the nation, FanDuel quickly made the switch to offer such services.
They launched in New Jersey with a land-based venue at The Meadowlands and have proven to be a top-performing venue. They also offer online betting in the state. The online license of The Meadowlands has two operators, PointsBet and FanDuel. In June, the two were able to generate $2.7 million in revenues. In 2019, the two have generated over $45 million.
For their Pennsylvania operations, FanDuel operates a land-based sportsbook and the brand has done well in the state. Once online betting options are available full time, the company should see a nice uptick in earnings. In general, online betting tends to skyrocket earnings as players prefer online gaming to land-based options.
So far, there are four sportsbooks online in Pennsylvania, with three having been approved for full-time operations. The first to launch was SugarHouse Sportsbook, which was live by late May. Parx Sportsbook and Bet Rivers launched next, both approved for full-service betting by the end of June.
Pennsylvania is the latest state to start offering online sports betting. New Jersey has done quite well, and it is expected that Pennsylvania will be just as successful. Over the next few months, revenue reports will begin to roll in and give us an exact idea as to just how must the new betting option will bring to the state.