Parx Casino Sports Betting Applications Filed for Two Locations

Parx Casino has become the second casino to apply for sports betting in Pennsylvania. Yesterday, the Central Penn Business Journal confirmed that Greenwood Gaming and Entertainment filed two petitions with the PA Gaming Control Board (PGCB) to offer sports betting.

One petition filed with the PGCB is for Parx Casino in Bensalem and the other is for the South Philadelphia Turf Club, which is an off-track betting parlor also operated by Greenwood Gaming and Entertainment.

Parx Casino stated its intention to enter the PA sports betting market last month after reaching an agreement with sports betting software supplier GAN for retail and online sports betting services. In a press release issued at the time, Parx Casino and GAN said they would like to have sports betting ready to go by the end of 2018.

If all goes well, Greenwood Gaming and Entertainment is setting itself up nicely to establish a foothold in the downtown market. Philly.com pointed out yesterday that the South Philadelphia Turf Club is an easy walk away from the complex where the Eagles, Phillies, Flyers and 76ers all play.

Greenwood Gaming is also building the Live! Hotel & Casino nearby to potentially give the company two sportsbooks within walking distance of Lincoln Financial Field, Citizens Bank Park and Wells Fargo Center.

Penn National Gaming was the first to strike in Pennsylvania after applying for a license to conduct sports gaming at Hollywood Casino at Penn National Race Course. Penn National stated at the time that it intends to commence sports betting on September 1st, although it is unclear if the PGCB will issue its approval in time.

The Central Penn Business Journal reported yesterday that a spokesman for the PGCB said it is unlikely the board will consider any applications before October. The current trajectory puts a start date for PA sports betting sometime after the start of the NFL season, but still well ahead of the Super Bowl.

More PA Casinos to Seek Sports Betting Authorization

Today’s news brings the total number of venues seeking PA sports betting licenses to three: Parx Casino, South Philly Turf Club and Hollywood Casino. Other casinos have issued statements in recent weeks indicating their plans to offer sports betting in Pennsylvania.

Mount Airy Casino and The Stars Group announced a partnership earlier this month for the purpose of conducting online sports betting, poker and gambling in Pennsylvania. Mount Airy and The Stars Group will probably file a sports betting petition soon if they haven’t done so already.

Churchill Downs Incorporated has also stated it plans to enter the PA sports betting market. The company has not explained its plans in any great detail, but we do know Churchill Downs is in the process of acquiring control over the Lady Luck Casino Nemacolin and Presque Isle Downs & Casino. We can add both to the list of potential future locations for sportsbooks.

There’s no doubt now that the race for sports betting is on in Pennsylvania. Despite complaints regarding the $10 million licensing fee and excessive 36% tax rate applied to sports betting by state law, Pennsylvania’s casino operators are lining up to get their sports betting licenses.