GGPoker Parent Company Receives Approval in Pennsylvania
During the Pennsylvania Gaming Control Board monthly meeting Wednesday, two significant licenses were approved, including one that could bring another online poker option to the state.
Betfair Interactive US LLC received approval for a sports wagering and interactive gaming operator license, while Dublin, Ireland-based NSUS Group, and parent company for the global poker site, GGPoker, was seeking an interactive gaming manufacturer license.
Betfair has been partnering with Valley Forge Casino and doing business for sports wagering and iGaming as FanDuel. Wednesday’s approval was to grant a permanent license. It has been operating with a conditional license.
The license to NSUS Group is noteworthy because it could potentially bring another online poker site to the state, pending regulatory approvals. Founded in 2014, GGPoker partnered with the World Series of Poker to host online WSOP international events, but as of yet, does not have a presence in the U.S.
Other online poker platforms could be joining Pennsylvania. WSOP.com is also hoping to have an online poker presence in Pennsylvania with a possible launch in late summer. In September 2020, the gambling board approved an interactive gaming license for 888 Holdings, which is Caesars’ partner for online poker.
PokerStars has been in Pennsylvania since November 2019, partnered with the Mount Airy Casino in the Poconos.
GAN Nevada, a sports wagering manufacturer, on Wednesday was also approved for a license to operate within Pennsylvania.
The next monthly meeting of the gaming control board is scheduled for March 17. There are 15 retail and 12 online sportsbooks, and 12 iGaming sites in Pennsylvania, according to the board.
Pennsylvania Gaming Figures
Online casino gaming, including poker, reached record gross revenue of $71.6 million in Pennsylvania during December, topping the previous high revenue month for iGaming in October 2020 of $59.8 million. The December 2020 figure was a huge increase over December 2019’s $10.6 million.
Online poker with PokerStars had $2.7 million in revenue, although that number should increase as more online poker operators enter the market.
Sports-betting wise, Pennsylvania set a record for handle in December with $548.6 million in wagers. Mobile accounted for 97.6% of the total handle.
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