Penn National Gaming is set to launch its Barstool Sportsbook app in the state of Pennsylvania next month. This move has been expected for some time, but the official word was just announced earlier this week.
Initially, it was announced that the app would be ready to roll out by August, but that has been delayed by several factors. Penn National is looking to take advantage of all four professional sports being played at the same time when they launch in September.
Penn National saw a huge revenue decline during the second quarter, and it was brought on by the COVID-19 pandemic. Their new sportsbook is expected to become extremely popular, especially with the younger generation that follows Barstool Sports.
Other States Coming
Even though Pennsylvania will be the first state to see the Barstool Sportsbook app, other states are expected to have it launch at the beginning of 2021. New Jersey, Colorado, and Illinois are expected to have a Barstool Sportsbook app in their state within the next six months.
Penn National has spent a lot of time and money developing their app, but there will be some things to work through at the beginning. When the app does finally make it to other states, it is expected to come with little issues.
Pandemic Hitting Pennsylvania Hard
Pennsylvania has been hit hard by the coronavirus pandemic, and it has hurt both the sports betting and casino industries in the state. Some casinos in Pennsylvania have been shut down two separate times as the state attempts to slow the spread.
The state has reported over 122,000 positive COVID-19 cases since the pandemic began in March, and there have been over 7,000 deaths. The numbers appear to be on a downward trajectory, and this could be a great time for the Barstool Sportsbook app to launch.
Mobile sports betting has been able to withstand the pandemic, but the numbers saw a huge decline as most live sports were shut down.
Yankees, Mets Still Playoff Contenders
One of the biggest competitors to the new Barstool Sportsbook app in Pennsylvania will be FanDuel Sportsbook. FanDuel is one of the leaders in the sports betting industry, and that is the case in Pennsylvania as well.
Baseball fans in New York have kept a close eye on the MLB future odds set by FanDuel, and they remain relatively happy with what they are seeing. Both the Yankees and Mets appear to be playoff contenders in the eyes of FanDuel Sportsbook.
The New York Yankees remain the clear favorites to win the American League, according to FanDuel Sportsbook, and they are strong contenders to win the World Series. FanDuel has the Yankees at +175 to win the American League, and at +400 to win the World Series.
FanDuel has the Mets sliding a bit in the National League East, but they are still considered contenders. The New York Mets are listed at +370 to win the division but were as low as +230 just last week.