Everything You Need to Know About Online Sports Betting in Pennsylvania – Pennsylvania News Today

Posted: August 26, 2021 at 3:23 am

Thanks to the ruling of the Supreme Court in 2018, online sports betting is now licenced and regulated in Pennsylvania making it both safe and legal to enjoy having a wager in the state. The first online sportsbook in the state of Pennsylvania launched in May 2019 and we have since witnessed the introduction of several online sportsbooks for sports betting fans in the Keystone state.

If you would like to find out more about the selection of online sportsbooks available in Pennsylvania head to BettingGuide. You can select the United States by clicking on the flag situated at the bottom of the homepage and they provide details of the online sports betting in each state, including Pennsylvania.

Going into a little more detail regarding the legal sports betting bill of Pennsylvania, the bill allows wagering on both professional and college sporting events and must be 21 years old to legally have a wager. One of the many reasons why states across the US have decided to make online sports betting legal is because of the revenue it can bring via taxes. For example, online sportsbooks in Pennsylvania must pay $10,000,000 for a license fee and all revenue is taxed at 36%. At the time of writing, you will not find a higher tax rate for online sports betting anywhere else in the United States.

Some of the online sportsbooks currently operating in Pennsylvania have emerged from land-based casinos in the state. The SugarHouse Casino in Philadelphia is a good example, and they used their casino to obtain a license to offer online sports betting via a mobile application. To provide a mobile sports betting experience, an operator must have a physical brick and mortar location partner.

At the time of writing, you will find over 10 different online sportsbooks available in Pennsylvania including FanDuel, BetRivers, FOXBet, Parx, Unibet, DraftKings, Caesars, SugarHouse, BetAmerica, and Barstool.

Much like the SugarHouse sports betting app, both FanDuel and DraftKings were well placed to launch their sports betting service as soon as it became legal in Pennsylvania. Both brands were already operating successful online fantasy sports businesses, and this has always been legal in the United States. As soon as it became possible to legally bet on sports in the Pennsylvania, FanDuel and DraftKings were quick to take advantage of the changes in legislation to offer their services to the online sports betting world.

Although it is possible to enjoy betting on most sports online in Pennsylvania, at the time of writing it is still illegal to bet on eSports. The Pennsylvania Gaming Control Board have said allowing betting markets on eSports does not meet with the legislatures intent of what constitutes a sporting event. However, this could soon be about to change as a bill has been set out to allow online eSports betting in Pennsylvania if the competitors in the event are at least 18 years old.

It will be interesting to see how the new bill regarding online eSports betting is monitored but, in the meantime, there is plenty to enjoy for online sports betting lovers in Pennsylvania.

Read more:

Everything You Need to Know About Online Sports Betting in Pennsylvania - Pennsylvania News Today

Related Posts