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Parx Is Second PA Casino To Apply For Sports Betting; OTB Parlor Will Also Have Sportsbook

GGE declared in its petition that sports betting is good for business: This collective past experience and success clearly renders GGE qualified to conduct sports wagering. Based on its perfonnance to date, there can be no doubt that the conduct of sports wagering by GGE will significantly expand the positive economic impact the casino currently provides to the Commonwealth, its municipalities and residents. The number of jobs it expects to create is redacted in the petition. From the sounds of things, Parx would like to be up and running in the near future, or at least before football season ends. Finally, GGE respectfully urges the Board to review this Petition and grant its Certificate expeditiously so as to enable GGE to commence sports wagering in a timeframe that enables it to capture as much of the popular fall sports seasons and events as possible. Penn National has indicated it desires a fall rollout for sports betting, as well. A PGCB meeting in October could shed some light on the immediate future of Pennsylvania sports betting. Parx indicated that it wants to operate “a combination of land-based, mobile, and interactive sports wagering.” An online/mobile component will likely wait till later in 2018 or more likely 2019. Perhaps the most interesting thing to come out of the petitions is it appears there will be retail sportsbooks outside of the 12 casinos (13 once a new Philadelphia casino is built). According to the PGCB, since the turf club is a “non-primary” location, it falls under the umbrella of the licensure being obtained by GGE for Parx. Greenwood also owns two other OTBs in the state, but no petitions for those locations were submitted.

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Chuck Schumer suggests federal framework for sports betting

The integrity of sports is too precious to not protect as best we can." The NFL and NCAA also released a statement later Wednesday. "Protecting the integrity of our sports is of paramount importance to the NFL and NCAA," they said. "We applaud the leadership demonstrated by Senators (Orrin Hatch, R-Utah) and Schumer in supporting federal legislation to protect the integrity of our games following the Supreme Court decision. Core federal standards are critical to safeguarding the sports we love, the millions of athletes across the country who play these games at all levels and our fans." The American Gaming Association issued a statement, saying, "The casino gaming industry shares Senator Schumer's goal in preserving the integrity of sporting events and providing consumer protections. Federal oversight of sports betting was an abject failure for 26 years, only contributing to a thriving illegal market with no consumer protections and safeguards.

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