betPARX
- Company typePrivate
- Founded2019
- HeadquartersPhiladelphia, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
betPARX firmographics
Firmographics- Name
- betPARX
- Legal name
- Greenwood Gaming & Entertainment, Inc.
- Website
- https://betparx.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
betPARX industry classification
Industry- Product category
- Online Casino & Sportsbook
- NAICS
- Casinos (except Casino Hotels) (71321), Other Gambling Industries (713290)
- akta.pro primary industry
- Real-Money Online Casino Operators (RNG Slots & Table Games) (MPAEABAA)
- akta.pro secondary industry
- In-Play (Live) Betting Exchanges (MPAEAIAD)
Keywords
Where betPARX is headquartered
LocationHeadquarters
- HQ city
- Philadelphia
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
betPARX business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure, Others
Revenue model
- Online Casino Gaming Revenue: Revenue generated from real money casino games including slots, table games, blackjack, roulette, and live dealer games. Players make deposits and wagers with house edge generating revenue.
- Sports Betting Revenue: Revenue from sports wagers on NFL, NBA, MLB, NHL and other sports. Generated through vig/margin on betting odds.
- Welcome Bonuses and Promotions: Offers such as deposit matches, lossback deals, and free spins used to acquire and retain players.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | One time | Welcome Bonus - Up to $500 Lossback + 500 Bonus Spins |
| Freemium | One time | Casino Welcome Offer Comparison |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
betPARX product offering
Product offeringCore offering
betPARX operates a real-money online casino and sportsbook platform accessible through iOS and Android mobile applications in four U.S. states. The casino product offers slots, table games, blackjack, roulette, live dealer games, and progressive jackpots, while the sportsbook provides wagering on NFL, NBA, MLB, NHL, and other leagues with money lines, spreads, player props, same-game parlays, and live betting. Revenue is generated from house edge on casino wagers and vig on sports bets.
Product overview
betPARX is an online casino and sportsbook platform operated by Greenwood Gaming & Entertainment, Inc., offering a dual-product experience consisting of the betPARX Online Casino (featuring slots, table games, live dealer games, and progressive jackpots) and the betPARX Sportsbook (offering wagering on major US sports leagues). The platform is accessible via web and mobile apps (iOS/Android), with physical casino properties at PARX casino locations in Pennsylvania. Key features include live dealer games, progressive jackpots, fast secure banking, live customer support, and various promotions and bonuses. The platform is licensed in Maryland, Michigan, New Jersey, and Pennsylvania.
Differentiator
Problem solved
Functional benefit
Brands
- betPARX Casino: Real money online casino gaming platform offering slots, live dealer games, blackjack, roulette, and table games
- betPARX Sportsbook
Products and services
- betPARX Online Casino Real money online casino offering slots, table games, blackjack, roulette, live dealer games, and progressive jackpots with various bonuses and promotions. Targeted at adults aged 21+ in licensed U.S. states.
- betPARX Sportsbook Online sports betting platform offering wager options on NFL, NBA, MLB, NHL, and other sports with money lines, spreads, player props, same-game parlays, and live sports betting. Targeted at adults aged 21+ in licensed U.S. states.
- betPARX Mobile App
- PARX Casino (Bensalem, PA) Physical casino property in Bensalem, PA offering poker, table games, jackpot slots, betting and racing, and entertainment. Operated by the same parent company (Greenwood Gaming & Entertainment, Inc.) and serves as a cross-promotional channel for the betPARX online platform.
- PARX Casino (Shippensburg, PA) Physical casino property in Shippensburg, PA offering poker, table games, jackpot slots, betting and racing, and entertainment. Operated by the same parent company (Greenwood Gaming & Entertainment, Inc.) and serves as a cross-promotional channel for the betPARX online platform.
- betPARX Affiliate Program Marketing affiliate program offering competitive commission structures, registration code tracking, and dedicated support for partners driving player acquisition to the betPARX online casino and sportsbook.
Quantifiable outcome
- 5x wagering requirement on bonus funds (competitive vs industry standard of 15x)
Companies that use betPARX
Customer profileSegments2 records
Ideal customer profiles2 records
betPARX technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
betPARX partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- PARX Casino (Bensalem, PA)corePhysical casino location that provides brand presence, customer acquisition funnel, and cross-promotional opportunities for the betPARX online platform. Located in Bensalem, PA with Poker & Table Games, Jackpot Slots, Betting & Racing, and Entertainment offerings.
- PARX Casino (Shippensburg, PA)minorPhysical casino location in Shippensburg, PA that complements the online betPARX platform with Poker & Table Games, Jackpot Slots, Betting & Racing, and Entertainment.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
betPARX competitors and assessment
Company assessmentEmerging players
- PointsBet: Online sportsbook with niche product strengths (in-play, same-game parlays) and lighter casino presence; competes with betPARX on the sportsbook half of the dual-product offering rather than iCasino.
- Fanatics Sportsbook: Newer entrant leveraging Fanatics' sports database and merchandise base; offers online sportsbook with casino extensions in a growing state set — partial overlap with betPARX on the sportsbook side and an emerging threat in shared states.
Direct peers
- Hard Rock Bet: Hard Rock International's online sportsbook and casino app offering slots, table games, and sports betting in NJ and other legalized states; directly comparable dual-product operator leveraging a regional casino brand into online, parallel to betPARX.
- DraftKings: Direct competitor offering a full-stack online sportsbook + iCasino mobile platform across multiple US states, with broadly similar product breadth (slots, live dealer, parlays, props) and direct-to-consumer mobile distribution.
- BetMGM: Online casino + sportsbook backed by MGM Resorts and Entain; directly comparable dual-product offering in NJ, PA, MI, MD with live dealer, slots, and parlays — overlapping with betPARX in all four of its licensed states.
- FanDuel: Market-leading US online sportsbook and iCasino operator across the same legal states as betPARX, with identical dual-product (OSB + casino) model, mobile-first delivery, and live-betting/parlay feature set.
- BetRivers: Rush Street Interactive's online sportsbook and casino, similarly mid-tier US footprint across NJ, PA, MI and other legalized states with comparable bonus structure, dual product, and live dealer catalog — most direct like-for-like competitor to betPARX in scale.
- Bally Bet: Bally's Corporation's online sportsbook and iCasino app in select US states (NJ, NY, etc.); comparable regional-casino-rooted online operator competing for similar player segments and licensed-state footprint.
- Caesars Sportsbook & Casino: Caesars Entertainment's online sportsbook and casino app operating in the same states as betPARX; offers identical product mix (slots, live dealer, parlays) and ties physical casino rewards (Caesars Rewards) to online play, similar to betPARX's PARX Casino bridge.
Broad incumbents
- ESPN BET (PENN Entertainment): PENN Entertainment's branded online sportsbook, operated under an ESPN-licensed partnership with broader physical casino footprint and wide marketing reach; less iCasino-centric but competes for the same OSB wallet in overlapping regulated states.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
betPARX social profiles
Digital presencebetPARX compliance and trust
Trust signalCompliance1 record
betPARX financial estimates
Financial estimateRevenue estimate
Valuation estimate
betPARX leadership team
Management profileNumber of profiles
Profiles1 record
betPARX funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
betPARX M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about betPARX
What does betPARX do?
betPARX operates a real-money online casino and sportsbook platform accessible through iOS and Android mobile applications in four U.S. states. The casino product offers slots, table games, blackjack, roulette, live dealer games, and progressive jackpots, while the sportsbook provides wagering on NFL, NBA, MLB, NHL, and other leagues with money lines, spreads, player props, same-game parlays, and live betting. Revenue is generated from house edge on casino wagers and vig on sports bets.
Is betPARX a public or private company?
betPARX is a private company. It is classified as corporate owned and is currently operating.
When was betPARX founded?
betPARX was founded in 2019. It employs 51 to 100 people.
Where is betPARX based?
betPARX is headquartered in Philadelphia, United States, in the North America region.
How does betPARX make money?
Three revenue lines are on record. Online Casino Gaming Revenue is the primary driver. The others are sports Betting Revenue and welcome Bonuses and Promotions.
Who are betPARX's main competitors?
Emerging players on record are PointsBet and Fanatics Sportsbook. Direct peers are Hard Rock Bet, DraftKings, BetMGM, FanDuel, BetRivers, Bally Bet and Caesars Sportsbook & Casino. ESPN BET (PENN Entertainment) is listed as a broad incumbent.
Does betPARX have an API?
No public API is recorded for betPARX.
What industry is betPARX in?
betPARX's product category is Online Casino & Sportsbook. Its primary akta.pro industry code is MPAEABAA, Real-Money Online Casino Operators (RNG Slots & Table Games), with a secondary code of MPAEAIAD, In-Play (Live) Betting Exchanges. Its NAICS code is 71321.