Future looking strong for PNG. Downloads in Canada of theScore Bet were solidly ahead of the competition. Company’s market share in US markets is stabilizing.
Pennsylvania is the fifth North American jurisdiction for the small-but-mighty Australian company, which has already deployed its online casino product in Michigan, New Jersey, West Virginia, and, most recently, Ontario.
DraftKings is already facing a $150,000 fine in NJ for a Florida player’s proxy betting and could face more charges in PA where the illegal wagers were also placed.
Pennsylvania online poker revenue hit $3.4 million in January, up 10.7% from December and PA’s online sportsbooks generated a record handle of $793.7 million.
Australian bookmaker and NBC Sports official sports betting partner, PointsBet is soft launching this week and should be fully live in time for Super Bowl LVI with valuable promos.
PNG reports $1.6 billion in revenue for Q4 2021, $5.9 billion for full year. Sportsbook and casino launches in Maryland, Ohio, and Ontario coming.
The deal calls for Cordish Companies to lease back each property and continue to control gaming operations.
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