Caesars already runs an online casino in New Jersey. That should tell us a lot about its plans for Harrah's Philadelphia and what it will do for PA online gambling.
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Harrah's Philadelphia and online gambling
Harrah's parent company, Caesars Entertainment, is a Goliath in the casino industry. Its reach gives it significant resources to invest in online gambling, which it has already done in Nevada and New Jersey.
All reviews slot machines atlantic city diamond club poker room great casino table games casino floor close to home gambling fun dealers jackpot philadelphia J4025BOjosephg wrote a review Jan 22 Philadelphia, Pennsylvania 49 contributions 4 helpful votes. Caesars Online Casino. The legendary Caesars brand went live with an online casino in Pennsylvania in April 2020. Licensed under Harrah's Philadelphia, Caesars Online Casino is integrated with Caesars Sportsbook on mobile apps. On the desktop, the casino operates as a standalone site.
Caesars has active partnerships with 888 (Harrah'sand 888 Casino) and NYX (Caesars online casino) to provide the platform for online casino games.
888 powers the poker product, but Caesars uses its own poker brand where it has a physical presence. WSOP NV and WSOP NJ are available in their respective states (and within a shared network), making it the only brand with a live product in both.
Expect to see WSOP PA pop up soon, too.
Platform provider
In entering Pennsylvania, it seems likely Caesars will use the same 888 platform to power a Harrah's online casino.
The expectation is that the 888 platform will be used for online poker under the WSOP brand, as well. 888 has recently expanded its NJ presence by adding new online casino games from both NYX and NetEnt.
In-state partnerships/relationships
Mount Airy Casino also has an existing partnership with 888. It seems likely that it will use the platform to launch its own online gambling product, although that's not been confirmed. The two casinos likely won't share anything more than an online provider.
Out-of-state partnerships/relationships
As mentioned, Caesars has built a network of online gambling sites across Nevada and New Jersey. It will be more than happy to welcome Pennsylvania, the largest state of the bunch, into the fold.
Sites in each state operate independently of one another, but multistate poker agreements could facilitate shared liquidity in the future. A WSOP-branded poker product could allow players from multiple US states to compete against each other on a regulated platform for the first time since Black Friday in 2011.
The Harrah's land-based poker room in Philadelphia already features WSOP branding.
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Forecasting Harrah's online gaming performance
Quickly rolling out a Pennsylvania online gambling product will be key to capturing early customers. Most of the state's 12 land-based casino licensees will apply for online licenses, and the early bird will get the biggest worm.
The fact that Caesars' online products are already approved elsewhere bodes well for a quick entry into PA. It is already building an interstate product in Nevada and NJ, although the timeline is still up in the air.
The brand has struggled with online gambling of late in the Garden State so far. It's currently bringing up the rear in both NJ online poker and NJ online casino revenue. Competing with the Borgata poker presence is tough sledding, and Golden Nugget seized control over the online casino market with a huge push in 2017.
Caesars will hope that the Harrah's brand carries a bit more weight in Pennsylvania than it does in New Jersey.
The history of Harrah's Philadelphia
Harrah's Philadelphia Casino & Racetrack is technically located in Chester, Pa. The southern suburb of Philadelphia sits along the Delaware River, halfway to Wilmington.
The property was initially opened in 2006 as a racetrack, but it got its slots license within the first month of operation. A 100,000-square-foot casino opened the following year, and table games were added in 2010.
There are currently about 2,450 slot machines and 90 gaming tables, plus a 28-table poker room and a large event center. The 5/8-mile limestone track still hosts about 150 harness racing days per year when the weather is suitable for horse racing, too.
The former Harrah's Chester officially became Harrah's Philadelphia in 2012. The name change was designed to appeal to a broader customer base as several new casinos began to appear in the region.
Land-based casino performance
Harrah's Philadelphia's location puts it in competitive casino territory.
Parx, SugarHouseand Valley Forge have the city of Philadelphia surrounded to the north, and Delaware casinos run the neighborhoods to the south. The region's gambling capital, Atlantic City, is a short drive down the Expressway.
Still, the brand holds its own in the crowded space.
Financially speaking, Harrah's Philadelphia is the state's fifth-largest casino. Slot machines generate around $16 million in monthly revenue for the property and tables add about another $5 million.
Total gaming revenue for the 2016-17 fiscal year amounted to about $265 million,according to records from the Pennsylvania Gaming Control Board. Harrah's returned more than $120 million of that to the city, county and state in the form of taxes.
Available via Caesars Casino & Sportsbook PA
Business-to-business live casino services provider Evolution has entered a partnership with Caesars Entertainment that will see it roll out its online live casino games for Caesars Casino & Sportsbook Pennsylvania on November 10.
The leading live dealer casino game provider announced the Pennsylvania launch in a tweet:
According to an Evolution news release, the deal will allow Caesars customers in Pennsylvania to play 'online live casino games and game show-style games' powered by the iGaming giant's live studios. The Latvia-based firm also said it would soon offer a similar portfolio of games in New Jersey.
a similar portfolio of games in New Jersey
The launch means gamblers in the Keystone State can now play live games online through the Caesars Casino & Sportsbook Pennsylvania app on their Android and iOS phones or via desktop.
The games are afoot
Johan Nordstrom, chief executive officer for Malta and chief commercial officer at Evolution, said the firm was proud to be teaming up with one of the 'biggest and most iconic' brands in the casino industry. He added in a news release that Evolution was keen to assist Caesars in achieving its goals in the 'enormously exciting' US gaming market.
Harrah's Casino Free Slot Play
The head of Caesars sports and online gaming for Caesars Entertainment Inc., Christian Stuart, expressed his organization's excitement in giving Pennsylvanians the opportunity to 'experience the fun and action of playing at a live casino table from your home.'
bullish on the future of iGaming'
Caesars Harrah's Pa
The fact that Caesars' online products are already approved elsewhere bodes well for a quick entry into PA. It is already building an interstate product in Nevada and NJ, although the timeline is still up in the air.
The brand has struggled with online gambling of late in the Garden State so far. It's currently bringing up the rear in both NJ online poker and NJ online casino revenue. Competing with the Borgata poker presence is tough sledding, and Golden Nugget seized control over the online casino market with a huge push in 2017.
Caesars will hope that the Harrah's brand carries a bit more weight in Pennsylvania than it does in New Jersey.
The history of Harrah's Philadelphia
Harrah's Philadelphia Casino & Racetrack is technically located in Chester, Pa. The southern suburb of Philadelphia sits along the Delaware River, halfway to Wilmington.
The property was initially opened in 2006 as a racetrack, but it got its slots license within the first month of operation. A 100,000-square-foot casino opened the following year, and table games were added in 2010.
There are currently about 2,450 slot machines and 90 gaming tables, plus a 28-table poker room and a large event center. The 5/8-mile limestone track still hosts about 150 harness racing days per year when the weather is suitable for horse racing, too.
The former Harrah's Chester officially became Harrah's Philadelphia in 2012. The name change was designed to appeal to a broader customer base as several new casinos began to appear in the region.
Land-based casino performance
Harrah's Philadelphia's location puts it in competitive casino territory.
Parx, SugarHouseand Valley Forge have the city of Philadelphia surrounded to the north, and Delaware casinos run the neighborhoods to the south. The region's gambling capital, Atlantic City, is a short drive down the Expressway.
Still, the brand holds its own in the crowded space.
Financially speaking, Harrah's Philadelphia is the state's fifth-largest casino. Slot machines generate around $16 million in monthly revenue for the property and tables add about another $5 million.
Total gaming revenue for the 2016-17 fiscal year amounted to about $265 million,according to records from the Pennsylvania Gaming Control Board. Harrah's returned more than $120 million of that to the city, county and state in the form of taxes.
Available via Caesars Casino & Sportsbook PA
Business-to-business live casino services provider Evolution has entered a partnership with Caesars Entertainment that will see it roll out its online live casino games for Caesars Casino & Sportsbook Pennsylvania on November 10.
The leading live dealer casino game provider announced the Pennsylvania launch in a tweet:
According to an Evolution news release, the deal will allow Caesars customers in Pennsylvania to play 'online live casino games and game show-style games' powered by the iGaming giant's live studios. The Latvia-based firm also said it would soon offer a similar portfolio of games in New Jersey.
a similar portfolio of games in New Jersey
The launch means gamblers in the Keystone State can now play live games online through the Caesars Casino & Sportsbook Pennsylvania app on their Android and iOS phones or via desktop.
The games are afoot
Johan Nordstrom, chief executive officer for Malta and chief commercial officer at Evolution, said the firm was proud to be teaming up with one of the 'biggest and most iconic' brands in the casino industry. He added in a news release that Evolution was keen to assist Caesars in achieving its goals in the 'enormously exciting' US gaming market.
Harrah's Casino Free Slot Play
The head of Caesars sports and online gaming for Caesars Entertainment Inc., Christian Stuart, expressed his organization's excitement in giving Pennsylvanians the opportunity to 'experience the fun and action of playing at a live casino table from your home.'
bullish on the future of iGaming'
Caesars Harrah's Pa
Stuart said Caesars was 'bullish on the future of iGaming'. He explained that it was key for the casino operator to provide its customers with top-notch online gaming through 'a superior experience and the latest technology'.
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Good climate for Evolution
Harrah's Pennsylvania Online Casino
Despite COVID-19, and thanks to it, Evolution has enjoyed a lucrative 2020. Demand for its live casino products went through the roof following the outbreak of the pandemic. From January through March, total revenue amounted to €115.1m ($124.2m), representing a 45% increase over the same period for 2019. Revenue from Evolution's North American sources climbed 54% to €7.1m ($7.6m).
Keen to establish itself as a world leader in the iGaming space, in June 2020 Evolution announced a bid of SEK19.6bn ($2.2bn) for Sweden-based casino games developer NetEnt. The UK's Competition and Markets Authority (CMA), however, announced in September that it was launching an investigation into the planned acquisition, indicating that the deal could lead to a 'substantial lessening of competition'.
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Evolution issued a press release on October 12 saying it would extend NetEnt's acceptance period for its bid up to and including November 16, 2020, while the CMA's process continues. It added that, if the offer is declared unconditional no later than around November 23, the commencement of the settlement will take place around December 1 of this year.