Millennials Set to Be the Driving Force of US Online Poker
Following the United States Supreme Court ruling that paved that paved the way for the legalization sports betting, the states have the power to whether a sports betting industry would be good for them or not. A number of states are expected to lean towards a regulated sports betting industry, but even then there is a crucial decision to be made, that is whether the consumers will be allowed to place bets in brick-and-mortar casinos...
New Pennsylvania Mini-Casino Could Save a Historic Landmark
Penn National Gaming, which claimed the first casino license auction with a winning bid of $50.1 million, might be just what the state needs to save a historic house in York County. The historic house, which is known as the Mifflin House, was part of the Underground Railroad in the 1800s and lies with the 15-mile radius centered in New York that Penn National Gaming is eyeing for its mini-casino. The area chosen by the operator sits...
You Can Now Play Pennsylvania Lottery’s New Keno Game
A week ago the Pennsylvania Lottery unveiled a new Keno game as part of the state newest gambling expansion option. According to the lottery’s officials, the fast-paced game with drawings every four minutes has been selling briskly at Pennsylvania Lottery retailers statewide. The game starts at $1 with players choosing up to 10 numbers, or spots, from 1 to 80 after which 20 winning numbers are randomly generated by a computer. The...
Pennsylvania Launches Regulated Daily Fantasy Sports Market
Having long been a legal gray area in many parts of the United States, daily fantasy sports has finally been fully legalized in the state of Pennsylvania with the only catch being a 15 percent tax on the revenue of each of the operators. This particular move is part of the larger statewide gaming expansion plans that came into effect last year in October. Already, six fantasy sports operators including FanDuel and DraftKings have been...
Pennsylvanian Casinos Can Now Petition for Gambling Licenses
The Pennsylvania Gaming Control Board as finally announced that the 90-day window for online gambling license petitions is now open for the Keystone state’s casinos. According to Doug Harbach, Pennsylvania Gaming Control Boards’ director of communications, current license holders are now able to petition the board for the state’s interactive gaming certificates. Initially, the opening date for the petition period was anticipated to...
Stars Groups Inks Deal to Acquire Sky Bet for $4.7 Billion
Global poker giant and PokerStars’ parent company, the Stars Group Inc. on Saturday announced that it would be acquiring UK-focused Sky Betting and Gaming for $4.7 billion. The acquisition will be in form of a cash and stock transaction that will transfer the ownership of the betting operator from the private equity firm CVS Capital Partners and British media company Sky to the Stars Group. The Starts Group has also said that the...
