There’s no doubt that the gambling industry in Pennsylvania represents huge business, with the offline marketplace supplemented by a huge and rapidly growing online GGY.
This rapidly evolving marketplace is also continuing to command an increasingly dominant market share, producing record-breaking numbers on a recurring, monthly basis.
At the heart of this is the best PA online casino bonus offers, which are listed on sites like bestcasinosites.net and continue to incentivise players to wager online. But just how enticing are these deals?
Assessing the State of Play in Pennsylvania’s Gambling Market
Before we delve into the structure of the current welcome offers in PA and just how they rank in terms of their competitiveness, let’s take a brief look at some of the market’s most recent numbers.
Interestingly, March 2021 saw the GGR for the PA gambling industry total $403.1 million, with this recognised as the highest amount of gaming revenue ever in the region.
It was also the first time that the PA GGR had ever broken through the $400 million barrier, representing a significant achievement for the marketplace.
This record didn’t last long, however, the Pennsylvania Gaming Control Board revealing that April’s revenue figures came in at a staggering $404.1 million. Sure, this was only incrementally higher than the previous month’s figures, but it highlights an upward trajectory and the increasingly lucrative nature of the marketplace.
These numbers also built on a successful end to 2020, as November and December both saw huge revenues banked by online gambling brands.
So, there’s no doubt at all that online gambling in PA is incredibly popular, and continuing to break new records in terms of total revenue and state tax contributions.
Do Pennsylvania PAs Really Offer Enticing Welcome Bonuses?
While not all online welcome offers in PA have been created equal, many adopt a familiar and much-loved structure.
More specifically, they typically take the form of a 100% deposit match, which mirrors your initial deposit up to a predetermined value. For example, BetRivers is currently offering new players a 100% deposit match up to the value of $250, with this available on all first deposits of $10 or more.
You may also notice some additional welcome bonus features at PA casinos, including the provision of freeplay bets upto a specific value. These are usually applied to your account for a period of around three days after registration, while there may be restrictions in terms of how these funds are used.
In the case of BetMGM, new players can claim a $25 free bet when they register for an account. Once again, this is available for a period of 72 hours following your registration, while it cannot be deployed on verticals such as live dealer games,jackpot slots or sports betting markets.
However, this is also augmented by a 100% deposit match up to the impressive value of $1,000, which is a highly lucrative bonus and one that offers tremendous value to players. Once again, the offer is also relatively accessible, and available to any new player who initially credits their account with at least $10.
Occasionally, you may also find that some welcome offers come complete with a fixed number of free spins. These are typically made available across a finite number of slots, while winnings are usually capped at a relatively low level of no more than $20 or more (depending on the structure of the initial offer).
Factoring in Wagering Requirements – What Do You Need to Know?
Given the structure of these bonuses and the wide range of rewards that they offer, it’s easy to see why online casinos are continuing to outperform brick-and-mortar establishments in locations throughout the US.
However, it’s important to note that such bonuses are also subject to rigorous terms and conditions, many of which pertain to the utilisation of bonus funds and the withdrawal of winnings.
For example, virtually all welcome offers are subject to wagering requirements, which stipulate the precise amount of cash that you’ll have to play through before withdrawing any winnings associated with your bonus.
What’s interesting is that the wagering requirements at PA casinos are relatively low, especially when compared with more mature markets such as the UK.
At BetRivers, for example, the aforementioned welcome offer is subject to a wagering requirement of just 1x the value of the bonus. So, if you initially credit your new account with $20 and receive $20 into your account, you simply have to play through another $20 before completing any withdrawals.
At the other end of the spectrum, Caesars Casino and Sportsbook apply wagering requirements of 25x to their 100% deposit match welcome bonus, up to the value of $300.
Once again, if you were to buy at the minimum deposit threshold of $10, you’d receive another $10 with which to wager. The value of the bonus would be subject to the wagering requirements, creating a playthrough amount of $250 that must be met before you can process withdrawals of funds.
However, this bonus boasts a slightly higher value, so you’ll need to review the T&Cs in full while making a decision based on the size of your bankroll, the frequency with which you wager and your underlying appetite for risk!