DraftKings Online Casino is bringing its popular live Blackjack offering to Pennsylvania. Beginning its soft launch today and tomorrow, October 21 and October 22, the DraftKings app in Pennsylvania will now offer live dealer Blackjack. For those who are unfamiliar, online casinos typically offer virtual slots and table games akin to video games.

1. We are licensed and regulated by the New Jersey Division of Gaming Enforcement as an Internet gaming operator in accordance with the Casino Control Act N.J.S.A. 5:12-1 and its implementing regulations.
2. DraftKings has launched an online casino in Pennsylvania after being approved for a license and completing a series of tests. The online gaming giant wasted no time in getting started in the state. DraftKings secured an interactive gaming operator license from the Pennsylvania Gaming Control Board on Wednesday and immediately began testing.

Putting the spotlight on the momentum online sports betting is gaining already in the USA, Pennsylvania reports its sports betting handle has climbed above half a billion dollars for the month of October 2020. With companies such as DraftKings, Inc.(NASDAQ: DKNG) and Penn National Gaming(NASDAQ: PENN)through its Barstool Sports partnership providing the platform for much of the action, 89.8% of the handle took place online, according to PlayPennsylvania analysis.

Since the Keystone State's governor signed its gambling-expansion proposal into law on Oct. 30, 2017, $658.3 million in tax revenue resulted as of Oct. 16, 2020. The sports betting handle jumped 118% year over year for October 2020, with a total handle of $525.8 million for the month. 'Handle' is the total sum of money exchanging hands during wagering and is therefore considerably larger than company revenue for the sportsbooks or tax revenue for the state.

Out of that total, DraftKings managed $121 million, or 23%, while Penn (and Barstool) managed $61 million worth of handle, or 11.6%. The state's importance to both companies is underlined by analyst Dustin Gouker of PlayPennsylvania, who noted in his analysis, 'Pennsylvania could conceivably catch Nevada in a matter of months to become the nation's No. 2 market,' which he qualified by saying the outcome is more likely 'if the Steelers continue to roll and the Eagles can somehow make a playoff run to spike local interest.'

DraftKings is seen by some Wall Street analysts as particularly well positioned to benefit from the spread of legalized sports betting across the USA, and already has a presence in 10 states, more than any of DraftKings' rivals.

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Rhian Hunt has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

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If you’re in New Jersey, you have access to DraftKings Sportsbook. Here’s a rundown of where you can find DraftKings for sports betting now and in the future.

DraftKings Sportsbook online

Here are the states where you can find DraftKings:

DraftKings in NJ

The well-dressed DraftKings NJ sports betting platform operates under the license of Resorts Atlantic City, but it’s available across web and mobile channels statewide. As long as you’re in the state, you can wager.

The product is perhaps more polished and market-ready than we expected from DraftKings. The company was, after all, solely a daily fantasy sports outfit until May 2018.

It was the first online sportsbook in the state and currently is the biggest in terms of revenue.

DraftKings in West Virginia

DraftKings Sportsbook announced a deal in December 2018 to operate WV sports betting via mobile. DraftKings partnered with Penn National Gaming, which runs Hollywood Casino at Charles Town Races.

DraftKings Sportsbook went live in WV in August, around the same time as rival FanDuel launched. While West Virginia is a relatively small state, it’s still important for DraftKings to expand everywhere it can.

DraftKings in Indiana

The third state for the DraftKings Sportsbook app was Indiana. It was one of the first two sportsbook apps to go live in the state on Oct. 3.

Indiana is not a huge state, but it’s notable for its proximity to several large cities where sports betting is not yet legal, including Chicago, Cincinnati and Louisville.

Draft Kings Sports Books

Land-based DraftKings Sportsbooks

There are currently two land-based DraftKings Sportsbooks in the US:

• DraftKings Sportsbook at Resorts, in New Jersey
• DraftKings Sportsbook at Scarlet Pearl Resort in Mississippi.

States that may have DraftKings Sportsbooks in the future

Potential for growth is capped in the short term, however. While FanDuel has racked up market-access partnerships throughout the country, DraftKings is still pretty lean on that front.

Here’s the list of states in which you might see the next DraftKings Sportsbook pop up, and it’s not a very long one:

New York

Apart from NJ, New York is the only other state in which DraftKings has a confirmed point of entry. It announced a partnership with Del Lago in July 2018 that covers both retail and online/mobile operations. If that materializes, Del Lago could end up christening the first on-property, DraftKings-branded sportsbook in the country.

Draftkings Online Casino Pennsylvania

That’s all well and good, except NY sports betting is not yet in place. Voters approved the activity for four commercial casinos in 2013, but regulators have lagged on implementation. What’s more: that existing law excludes online/mobile wagering, so a new one likely will be required before the DraftKings Sportsbook app launches in NY.

Recent rumblings create some cause for optimism on the retail side, but the timeline for NY sports betting is still very much up in the air.

Pennsylvania

Pennsylvania is a little closer to becoming an online sports betting state than its neighbor. Full legalization came late in 2017, and launch arrived in November 2018.

DraftKings figures to be a candidate to partner with one of the PA casinos, but it would have limited ability to fully leverage its brand. State regulations permit each casino to deploy just a single online/mobile platform displaying its own logo. Each may only use one sports betting partner.

About half of the 13 prospective licensees are off the board, it appears:

• SugarHouse/Rivers: Owned by Rush Street, which has a partnership with Kambi. That’s DraftKings’ supplier, too, but there’s no indication it is part of the deal.
• Parx: Recently announced that it will use GAN to power its operations. It works with Kambi as well.
• Presque Isle/Lady Luck: Both will soon be operated by Churchill Downs, which has established a partnership with SBTech.
• Harrah’s: Parent company Caesars has an NJ partnership with Scientific Games that figures to carry across the border.

It’s also impossible to pin down a timeline for the launch of online PA sports betting, but it’s coming sometime in 2019.

Draftkings Pennsylvania Sportsbook

Nevada

This one could be interesting, since Nevada is one of the few states in which daily fantasy sports is explicitly prohibited as a skill game. DraftKings is a sports betting company now, though, an activity that is very much legal and thriving in the Silver State.

It has generally seemed unlikely that DraftKings would pursue Nevada sports betting, but nothing is a given anymore. The company recently announced plans to open an office in Las Vegas, which at least draws a raise of the eyebrow. DraftKings wouldn’t pay for a license to offer DFS as a “gambling” game, but might it do so in the world of widespread sports betting?

It’s also worth noting that CG Technologies is being pushed out of the Nevada market amid a string of gaming violations. Either it or the many sportsbooks it serves will need to find a replacement supplier, and a shiny new option has just become available courtesy of DraftKings.

File that last bit of evidence in the circumstantial folder.

Other candidates

Any state with legal sports betting should be considered a candidate for a DraftKings Sportsbook, really. In this post-PASPA world, company executives have made no secrets about their ambitions.

Rhode Island and Delaware have both legalized sports betting, too. Neither operates mobile betting, however, although it is legal in Delaware. The industries in both states are administered by state-chosen suppliers under the lottery’s direction.

It looks like the states broken down above represent the complete list of candidates for DraftKings Sportsbook in the short term. Despite its early lead, it’s even possible that it could still be stuck in only NJ and Mississippi when the calendar ticks over.

At least they have Barkley.