MaximBet Poised to Enter PA after iGaming Market Access Deal

PennStakes.com

By Lou Monaco

MaximBet.com has secured access in the Pennsylvania online casino market.

Having launched in Colorado this month, MaximBet will be gaining market access for Pennsylvania gambling through Caesars Entertainment to provide iGaming. MaximBet said it also has secured online sports betting access in Ohio.

Ohio has yet to legalize sports betting, but is expected to consider bills during the legislative session that began in mid-September. MaximBet would still need to be licensed in Ohio if the state legalizes sports betting.

MaximBet is live (or set to go live) in six states including Indiana, Iowa and New Jersey, and Canada, as it looks to capitalize on the growing North American sports betting and iGaming markets.

“For every new market we enter, our sole focus is on bringing the best experience to the customers by providing them not only with a world-class sportsbook and casino, but also with access to invaluable experiences that only a lifestyle brand can provide,” MaximBet CEO Daniel Graetzer said in the release. "We are excited about the efficiencies this scale brings to our business and we look forward to additional market access arrangements in the near future.”

MaximBet is offering customers a chance to win a trip to Super Bowl 56 in Los Angeles in February 2022. The prize package will include tickets to the exclusive Maxim Big Game Party, plus free flights, hotels and spending money, all valued at $50,000.


PA iGaming

Pennsylvania iGaming handle and revenue was a mixed bag in August, according to the Pennsylvania Gaming Control Board.

With a handle of $1.78 billion in August, interactive slots increased 2.2% from July’s $1.74 billion. Revenue for interactive slots was $66.3 million for August, up 4.9% from July’s $63.2 million.

In August, interactive banked table games had a handle of $1.39 billion, a decrease of 2.3% from July’s $1.43 billion. Revenue from these games was $19.2 million, down 16% from July’s $22.9 million.

Pennsylvania sports betting is one of the top markets in the U.S. It usually is in the top three among states for handle and revenue each month.

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WRITTEN BY
PennStakes.com
Lou Monaco
Lou Monaco had been East Coast Scene columnist for Gaming Today in Las Vegas since June 2019, covering the East Coast sportsbook scene with emphasis on NJ and PA. He also currently is a part-time writer for the high school sports department for NJ Advanced Media (NJ.com) in Iselin, NJ. Lou has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.
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Lou Monaco had been East Coast Scene columnist for Gaming Today in Las Vegas since June 2019, covering the East Coast sportsbook scene with emphasis on NJ and PA. He also currently is a part-time writer for the high school sports department for NJ Advanced Media (NJ.com) in Iselin, NJ. Lou has over 30 years sports experience with previous stints at ESPN SportsTicker, Daily Racing Form and Oddschecker.
... Read More