A Pennsylvania Bill Could Ban the Use of Credit Cards That Fund Sports Gambling and iGaming Accounts

Last week, a Pennsylvania bill (Senate Bill 1159) was filed that could change how players fund their online gambling accounts. The bill was filed by Senator Wayne Fontana, who wants an outright ban on credit card funding for all online gambling. Fontana specifically mentions online casinos, iLottery, daily fantasy sports, and Pennsylvania sports betting accounts. […]

Zach Wolpin  •  08 May 2024
Are Penn Entertainment and ESPN Bet gaining a share in the market without offering promotions?

On November 14, 2023, ESPN Bet first opened to the public. ESPN Bet owned by Penn Entertainment, was in the market to relaunch a sports betting app Today, Penn Entertainment is expected to have a call to discuss their first full quarter in the market with ESPN Bet. That call is likely to happen around […]

Zach Wolpin  •  08 May 2024
DraftKings Acquires AI Odds Provider Sports IQ

  Sports IQ Analytics CEO Omer Dor announced on his LinkedIn account that his company has been acquired by DraftKings. This is the second major acquisition by the Boston-based sports betting operator in 2024, after acquiring lottery app Jackpocket for $750 million in February. The best offshore sportsbooks are likely to take note of this […]

James Foglio  •  10 May 2024
ESPN BET Loses Market Share, BoA Slashes Price Target for PENN Stock

  ESPN BET-operator PENN Entertainment is struggling to grow and even maintain its branding partnership with the “Worldwide Leader in Sports.” Of course, ESPN BET launched its sportsbook in mid-November of 2023. This has also caught the attention of the best offshore sportsbooks, which are keenly observing the performance of new entrants in the market. […]

James Foglio  •  14 May 2024
Caesars Gaining Market Share In Pennsylvania With Harrah’s Philadelphia

As online gaming and sports gambling continue to grow, operators are having to make tough decisions. How much do they want to invest in their physical retail locations compared to the software and time that is used to develop an app? It’s one that Caesars Sportsbook is trying to answer themselves. Last summer, the operator […]

Zach Wolpin  •  04 Jun 2024
Pennsylvania Resident Charged For Betting In Jontay Porter Scandal

  Mahmud Mollah, a resident of Lansdale, Pennsylvania, has been arrested on federal wire fraud charges in the NBA betting scandal that banned Toronto Raptors forward Jontay Porter from the league for life. The best offshore sportsbooks have also been impacted by the scandal, adjusting their protocols to prevent similar occurrences in the future. Pennsylvania […]

James Foglio  •  11 Jun 2024
Pennsylvania Industry Operators Now Have Over $30 Billion in an All-time Sports Betting Handle

According to the Pennsylvania Game Control Board, the Keystone State surpassed $30 billion in an all-time betting handle. They reported $591.9 million worth of wagers in May 2024. Additionally, Pennsylvania joined New York, New Jersey, Nevada, and Illinois as the only states to have over $30 billion in an all-time handle. Their $591.1 million handle […]

Zach Wolpin  •  19 Jun 2024
Pennsylvania sports betting regulators fined casinos for accepting wagers over the phone

In Pennsylvania, residents can bet on sports from their smartphones. It’s one of the key reasons why the gambling industry continues to grow across the country. Sports betting is the most accessible it’s ever been. Making it incredibly easy to wager via a smartphone. At a Pennsylvania Gaming Control Board (PGCB) meeting on Wednesday, they […]

Zach Wolpin  •  28 Jun 2024
Bragg Gaming Partners With BetMGM To Bring Online Casino Games To Pennsylvania

Bragg Gaming has partnered with BetMGM in Pennsylvania to join their online casino market. They will offer their newest games along with Remote Gamer Server (RGS) technology. Pennsylvania is not the first state that Bragg has partnered with. They also have coverage in Michigan and New Jersey. Additionally, Bragg has 100% coverage in Connecticut. As […]

Zach Wolpin  •  27 Jun 2024