Betway Casino Not Leaving Pennsylvania Anytime Soon, Despite Impending Exit from Sports Betting
Although the sad news of Betway’s withdrawal from the sports betting market still has us reeling, there’s some fortunate news from the Betways camp, after all: it's not leaving casino players in the lurch, as Betway has confirmed that it’s not going away in Pennsylvania, and it's not abandoning players in New Jersey, either.
The recent announcement of Betway's withdrawal from the US sports betting market has stirred a significant reaction among casino players, raising one vital question: would the operator's online casinos be the next to leave? This concern, however, seems to be put to rest as Super Group, the powerhouse company behind Betway, signals a firm stance that the exit from the sports betting arena will not affect their online casino operations anytime soon.
A big sigh of relief for Pennsylvania players
Betway's online casinos have gained substantial popularity among players in Pennsylvania, otherwise known as the Keystone State. In fact, this latest development brings immense relief to the players in PA, who can now continue enjoying their favorite online casino games without any significant interruptions or setbacks. In short, players located in the Keystone State don't have to worry about their Betway accounts, as there is no indication that Betway is quitting the market there.
Pennsylvania casino expansion: a real possibility?
In the state of Pennsylvania, Betway partners with Live! Casino Philadelphia, a collaboration that, while not topping the revenue charts, consistently and continuously delivers impressive performances. For instance, the casino recorded a 4.58% profit increase in May this year, especially in comparison to the same month last year, which demonstrates its slow yet steady growth and popularity among Pennsylvania's casino enthusiasts.
Neal Menashe, Chief Executive Officer of Super Group, affirmed the company's commitment to the iGaming sector, emphasizing, "The vast majority of Super Group’s revenue is generated in iGaming and, in line with that strategy, we will continue to offer our leading casino product in New Jersey and Pennsylvania." He added that they are even open to expanding their footprint in the United States if, that is, the right strategic opportunities or investments arise.
Speculations regarding future expansion
At the moment, Betway's casino offerings are available in both Pennsylvania and New Jersey, the two states that actually paved the way for casino gaming in the US. Menashe's comments have sparked some speculation about whether Betway might soon venture into a third state or if expansion within the existing states is on the horizon. The possibility of Betway increasing its footprint in the US market is now a topic of keen interest among various watchers in the industry and casino players alike.
Betway's exit from the US sports betting market has undeniably created waves, but the reassurance from Super Group about the stability of their online casino operations in Pennsylvania and New Jersey has brought comfort to many of their followers. And as speculations about Betway's potential expansion continue, players and industry stakeholders will be watching closely for any new developments. For now, Betway's online casinos remain a steadfast presence in both the Keystone State and the Garden State, ensuring that the excitement and entertainment they provide will continue uninterrupted, at least in the near future or until further developments arise.