Playtech Launches Live Dealer Studio in Pennsylvania for B2B iGaming
Playtech completes its tri-state iGaming expansion with the opening of its third and largest live dealer studio in the United States, situated in Pennsylvania. In a market that is expanding quickly, the soft launch of VIP blackjack and roulette on the betPARX iGaming network improves the online gaming experience for players in Pennsylvania.
Playtech Launches in Pennsylvania, Expanding U.S. Live Dealer Studios
The Isle of Man-based business-to-business gaming technology company launched its live casino studio in Pennsylvania this week. This is the third state that the company has opened live casino studios in, following New Jersey and Michigan.
Playtech notifies Casino.org that its live casino in Pennsylvania began a soft launch on November 28 and will shortly be open 24/7.
Customers of the Keystone State's online casino now have another option when it comes to live dealer games. Playtech's product, which debuted with VIP roulette and blackjack, is available on the betPARX iGaming network.
Edo Haitin, CEO of Playtech Live, expressed excitement about completing the tri-state iGaming expansion and snagging a substantial territory. Playtech's steadfast dedication to offering gamers in Pennsylvania an exceptional online gaming experience is proof of its ambition to expand and enhance the gaming sector.
Even though it's legal to bet on sports online in more than 20 states, only about 13% of people have access to iGaming. Pennsylvania is one of only six states that permit legal online casinos with interactive table games and slot machines.
iGaming Powerhouses: Playtech's Presence Leads NJ, MI, and PA
Players from outside the state of New Jersey spent over $1.66 billion at online casinos last year. The online casino sites have only grown, with gross gaming revenue (GGR) of $1.57 billion as of October 2023—a 15% increase over the previous year.
Both commercial and tribal operators operated online casinos in Michigan in 2022, with a combined total value of $1.58 billion. As of October 2023, iGaming had won $1.41 billion.
In 2022, Pennsylvanian online casinos brought in about $1.36 billion from patronage. The GGR from online gaming surpassed that of the prior year after ten months. From January to October, Pennsylvania's iGaming GGR was almost $1.45 billion.
Playtech and betPARX have a partnership in Pennsylvania and New Jersey. You can download the Parx Casino's mobile app and online sportsbook. North Philadelphia's Bensalem is home to the Parx Casino. The proprietor and operator of Parx is Greenwood Gaming and Entertainment, Inc.
In February, Greenwood opened a small casino in Cumberland County called Parx Casino Shippensburg in addition to its main casino resort.
When it comes to land-based gaming revenue in the Commonwealth, Parx dominates the market. October earnings for Parx's top casino came to $47.3 million, with $30.3 million coming from the slots and $17 million from the tables. That was more than Wind Creek Bethlehem, which came in second.
The Parx Casino and Parx Casino Shippensburg are the only casinos in Pennsylvania that forbid smoking.
Industry Giants vs. Parx Online: iGaming Revenue Snapshot for October
Parx Casino is the biggest retailer in Pennsylvania. Its internet businesses, however, only make up a tiny percentage of the state market.
In October, BetPARX's online iGaming revenue was $4.6 million. The industry leader in operating gross revenue (GGR) with over $62.1 million was Penn Entertainment's online casino.
Although Penn's online casino is currently moving from Barstool to ESPN Bet, it already offers live dealer table games. Live dealer games are offered by BetMGM, DraftKings, FanDuel, and BetRivers in Pennsylvania.
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