Harrah’s Philadelphia Applies For PA Sports Betting

Harrah’s Philadelphia Applies For PA Sports Betting

Harrah's Sportsbook Philadelphia

On Tuesday, Harrah’s Philadelphia became the third Pennsylvania casino to apply for sports betting in PA with a petition submitted to the Pennsylvania Gaming Control Board.

In applying for a PA sports betting license, the casino joined Parx Casino and Penn National as casinos hoping to offer sports betting in the state at the cost of $10 million per license. Both casinos submitted applications in mid to late August, which was over a month after the PGCB opened up the application process.

Who's In For PA Sportsbetting So Far?
CasinoApplication DateLocation
Penn NationalAugust 17thHollywood Casino in Grantville
Parx CasinoAugust 27thParx Casino and Racetrack in Bensalem, PA + South Philly Turf Club in Philadelphia
Harrah's PhiladelphiaSeptember 25thHarrah's Philadelphia Casino and Racetrack in Chester, PA

Should their application be approved — which is widely expected — the company will offer sports betting at the Harrah’s Philadelphia Casino and Racetrack. The casino will also offer mobile and interactive sports betting, which will be operated by Caesars Interactive Entertainment.

Legal Sports Report notes that Scientific Games will partner with the casino in facilitating sports betting. The full Harrah’s Philadelphia sportsbetting petition is available here.

Applications to be considered in October

According to Philly.com, the PGCB will begin considering applications in October. In recent months, the regulatory body has focused on other matters including the online gambling license approvals. Five PA casinos have been approved to offer online gambling so far including Harrah’s Philadelphia. Indications are that online gambling may be live by the end of the year or early 2019.

Unlike online gambling in which 11 casinos have applied thus far, sports betting expansion has been muted. This is likely due to the state’s $10 million license and 36% tax rate. The cost of doing business is much higher than neighboring New Jersey, which enjoys a modest 8% tax on sports betting.

But with a successful launch in Pennsylvania — as well as continued success in New Jersey — some PA lawmakers are predicting that virtually all of Penn’s 13 casinos will eventually offer sports betting, even with the high fees.