"In the fiscal year 22/23, there will be two additional retail locations for sports wagering, along with a few online sports wagering sites are expected to launch.
Besides that, PGCB personnel will be working on launching up to 10 additional online sites with casino-type games,". The "Look to the Future" section of the report said.
Some of the info from this report were already released publically, including that there was record revenue of $5 billion and more than $2 billion in tax collections that commercial gaming of all types made from July 2021 through June 2022.
As most gaming operators tend to keep themselves silent regarding the specifics of their plans, it can be hard to get an overview of what lies ahead in the state that could boost those numbers even higher.
The report's forecast is very optimistic in terms of potential growth, what had been anticipated in a gaming industry that has expanded vastly since 2017. The legislation enabled online casinos, sports betting, mini-casinos, VGT truck stops, and fantasy sports contests.
Six new potential iCasinos revealed
The mention of "up to ten additional online sites to offer casino-type games" was particularly impressive. Nineteen already existed in the last fiscal year offering online slots and table games, and, in some cases, made $1.23 billion in revenue, up 37% from the year before.
The report did not have any names of the prospective entrants to Pennsylvania's iCasino field, but they named a few figures in response to a journalist's inquiry. WynnBET, Bally's Interactive, Fubo, Playstar, Golden Nugget, and Fanatics are all in the licensing review stage. Besides that, spokesman Harbach said that several other online gaming operators are expected to apply for licenses in the following months.
Harbach also said there's no exact timetable on when that happens, and the cost of these licenses is $1 million each.
All those operators would have to enter into a partnership with a brick-and-mortar Pennsylvania casino operator with an interactive gaming license.
According to the state's system, a casino operator can have many partners it enables for their online gaming, with some sharing agreement reached for the revenue. This way of things going has the following casino operators and the iCasino sites available through their licenses:
- Hollywood Casino at Penn National: Hollywood Casino, DraftKings, BetMGM, PointsBet, Barstool
- Rivers Casino Philadelphia: PlaySugarHouse, BetRivers, Borgata
- Valley Forge Casino Resort: FanDuel, Stardust
- Live! Philadelphia: PlayLive!, Betway
- Harrah's Philadelphia: Caesars, WSOP
- Mount Airy Casino Resort: PokerStars
- Parx: betPARX
- Mohegan Sun Pocono: Unibet
- Presque Isle Downs: TwinSpires
- Wind Creek Bethlehem: Wind Creek
