Pennsylvania Sports Betting Hawk-Dove Game Continues
None of Pennsylvania’s properties that are eligible for sports betting licenses have forwarded their applications to the Pennsylvania Gaming Control Board (PGCB), the state regulator. Just like many other holdouts, the reason is a financial dispute between the stakeholders. The rollout of the Keystone State’s sports betting industry remains almost stagnant despite the fact that the law that permitted sports wagering in the case that...
Online Gambling Operator GAN Readies for US Sports Betting
Renowned internet gambling company GAN has raised £7.5 million to support its ambitions to venture into the United States sports betting industry. The company confirmed the new development in a recent press release in which they also mentioned the issuance of 15 million new capital shares. In addition to this, the press release also elaborated how the online gambling company would use the £7.5 million to “substantially increase [its]...
Robust Public Input Go at PGCB Sports Betting Regulations
As sports betting in Pennsylvania nears its official launch, various stakeholders including the professional sports leagues, colleges, and even individual sports teams are making the final push towards cementing their positions in the budding industry. This was made possible by the Pennsylvania Gaming Control Board (PGCB) which fielded public comments on the proposed regulations that were published a month ago and, as expected, there...
Is Sports Betting in Pennsylvania Still a Gamble?
Last week, the state of Pennsylvania officiated the process that allowed its casino license holders to apply for sports betting licenses. However, since then, no operator has made a move to this effect and, unfortunately, this is not surprising considering the logistics involved as well as what the state’s lawmakers are charging. Pennsylvania has always been expected to be a key contributor to the new era of legalized sports betting...
PGCB Begins Accepting Sports Betting License Applications
Last Wednesday, the seven-member Pennsylvania Gaming Control Board (PGCB) unanimously agreed on some temporary regulations for sports betting – this also included a process by which the state’s casinos can apply for the certificates covering the wagers. This marked the Keystone State’s first move after the Supreme Court ruling that struck down the federal ban on sports betting and it was followed by the official launch of the...
A Review of Pennsylvania’s Sports Betting Positioning
Last week’s Supreme Court ruling is still making waves across the entire country and this should continue to happen until more states finally launch their own sports betting industries. Key among these states is Pennsylvania, which like many other states has been positioning itself to capitalize on the lifting of the federal ban on sports betting that was otherwise known as the Professional and Amateur Sports Protection Act of 1992...
