On April 23, Caesars Entertainment’s (NASDAQ: CZR) online casino launched in Pennsylvania. This follows the company’s March 10 sportsbook launch in the state. The Caesars launch in Pennsylvania marks the ninth online casino permitted in the state.
Caesars Online Casino, as the platform is branded, launched in partnership with Harrah’s Philadelphia. This followed the all-clear from the Pennsylvania Gaming Control Board.
Pennsylvania iGaming During The COVID-19 Outbreak
Caesars is the latest in a line of operators looking to online gaming to offset losses brought on by the COVID-19 pandemic. With land-based properties shut down indefinitely, the coming months look uncertain for primarily land-based businesses.
A recent Yogonet report indicates that online gaming is seeing spikes in revenue. It can’t yet bridge the gap, though, between brick-and-mortar gaming revenue and digital earnings. The market is too new to make a significant dent in COVID-related losses.
Still, operators are looking to engage players any way they can. iGaming and online sports betting remain top priorities for industry juggernauts looking to emerge from nationwide stay-at-home orders with a positive outlook and a robust content offer for online players.
Caesars Launches In Pennsylvania As iGaming On The Rise
The Caesars launch in Pennsylvania makes it the state’s ninth online casino to launch. This expands the variety of iGaming options available to Keystone state players. DraftKings is set to launch on May 1, 2020.
The current slate includes industry heavy-hitters looking to carve out an audience in one of the country’s fastest-growing online gaming markets.
Online Casinos In Pennsylvania
Currently, the nine online casinos operating in Pennslyvania include:
- FanDuel
- Unibet
- Fox Bet Casino
- BetRivers
- Sugarhouse Casino
- Hollywood Casino
- Pokerstars Casino
- BetAmerica Casino
- Caesars Online Casino
- DraftKings (as of May 1, 2020)
COVID-19 closures led to a 51 percent casino revenue drop in March. The Pennsylvania Gaming Control Board, though, reported a 24.5 percent increase in online gaming revenue during the same period over February 2020.
Similar increases in Pennsylvania’s sports betting presence signify a bright future for online betting as a whole. Taxable revenue in March 2020 rose 45.9 percent from February.
Despite challenging times for land-based gaming and retail sports betting, online offerings show resilience and growth as bettors pivot to more accessible gaming methods.
Which Games Does Caesars Online Casino Offer?
The Caesars launch in Pennsylvania means that players have access to 12 titles, all from Scientific Games studios:
- 88 Fortunes
- Bruce Lee
- Mad Mad Monkey
- Raging Rhino
- Starmania
- Zeus
- Celestial King
- Kronos Unleashed
- Spartacus
- Monopoly Mega Movers
- Zeus III
- Montezuma
Is It Safe To Use Pennsylvania Online Casinos?
Online casinos in Pennsylvania are evaluated and approved by the Pennsylvania Gaming Control Board, which holds the platforms to rigorous regulatory standards.
This ensures the safety and security of players, making the sites safe to use. Of course, always play responsibly.
