- DraftKings has now launched a standalone online casino app in Pennsylvania after previously launching in New Jersey.
- DraftKings has been an aggressive player in the online gambling industry and looks poised to capitalize as more states look to legalize online casinos.
HARRISBURG, Penn. – DraftKings, one of the nation’s top online sportsbooks and daily fantasy sports (DFS) operators, has gone live with its new standalone casino app in Pennsylvania.
The app’s Pennsylvania launch comes on the heels of a successful launch in New Jersey last month. Two other states—Delaware and Nevada—have fully legal online casino gaming and could be future targets for expansion.
The app features a wide selection of casino games, some classic (like roulette and blackjack), and some entirely new games exclusive to DraftKings.
The DraftKings Casino was previously included in the DraftKings sportsbook app, but the move to a standalone app should allow the company to create a more refined product for its players.
Since the Supreme Court’s decision to overturn the Professional and Amateur Sports Protection Act (PASPA) in 2018, DraftKings has been relentless about expanding its brand and adapting to the ever-evolving USA online gambling market.
DraftKings Sportsbook is now one of the top sportsbooks in the world and its daily fantasy sports products continue to be some of the most popular in the industry.
An expansion into the potentially lucrative world of online casino gaming made logical sense as the next step.
DraftKings Betting On Long-Term Online Gambling Legalization?
Only four states have launched legal online casino gaming, which severely limits the market potential of the DraftKings casino. But if more states legalize online gambling in the coming years, DraftKings’ investment in online casino gaming could increase exponentially in value.
After the massive economic recession caused by the novel coronavirus, many states are facing huge budget shortfalls in 2020 and 2021, and gambling has been talked about as an industry that could help stimulate economic recovery.
Three states—Washington, Virginia, and Oklahoma—have moved to legalize sports betting since the beginning of the pandemic, and casino gaming is much more lucrative than sports betting.
Michigan and West Virginia legalized online casinos in 2019, but haven’t yet finalized preparations for a full launch.
If COVID-19 starts a trend of states legalizing online casino gambling, DraftKings could be poised to reap huge rewards with a dedicated casino app.
While only four states have legalized online casino gaming, residents of all 50 states have been playing online casino games through internationally-licensed USA gambling sites for years.
These international gambling sites are proof that the market is there for online gambling throughout the United States, and if laws continue to change as public attitudes toward gambling become more favorable, online casinos could be lucrative for states and operators alike.