Bankroll, a Luxury Sports Bar, Opens Its Doors in Philadelphia

Derek Blake pic
By:
Derek Blake
02/29/2024
News

Highlights

  • Bankroll offers 13,000 square feet of space for entertaining with 350 seats
  • March 3rd marks the grand opening, in time for NCAA Men’s Basketball Tournament
  • Bankroll’s construction costs topped $25 million

Arriving at a cost of over $25 million, Bankroll, a long-awaited luxury entertainment venue catering to fans of PA online sports betting, opens its doors in Philadelphia on March 3rd. Although the bar won’t house an official sportsbook, owners are hoping to cash in on the popularity of Pennsylvania online sports betting to draw attention to the new establishment.

Bankroll’s ownership chose the historic Boyd Theater for their location. The theater’s décor focusing on 1920’s art deco inspired designers to give Bankroll a classic look with all the modern trimmings bettors would find in a sportsbook.

The bar plans to offer VIP and corporate memberships to individual customers and Philadelphia-area businesses. The memberships include exclusive private events at Bankroll, advance access to reservations, first choice for preferred seating, and food options not available to regular customers.

Bankroll Caters to Pennsylvania Sports Bettors Looking for Luxury and Fine Dining

The venue offers 350 seats for bettors along with several ways to enjoy games privately with friends and business associates. In the main hall, customers can keep up with moving point spreads with Bankroll’s real-time odds boards, over 1200 square feet of 4K LED televisions, and personal charging stations throughout the venue.

The menu at Bankroll tailored for modern fine dining, offers steaks, chicken, and seafood entrees. As a bar, Bankroll will also offer modern classics such as burgers and onion rings. Customers can also enjoy hand-crafted cocktails with a sports-betting theme at the Philadelphia sports bar.

Bankroll developed their own mobile app, helping customers order ahead so their drinks and meal are waiting for them when they arrive. While visitors cannot bet on the Bankroll app, they can chat with other customers about upcoming games.

“Bankroll fills a white space in the market for a modern, upscale venue that seamlessly blends the latest technology with a social atmosphere for event viewing. It’s hard to do justice to the space with a description, so we are thrilled to finally share the full Bankroll experience with everyone,” said Padma Rao, CEO of Bankroll. “We couldn’t be more excited to open our doors to Philadelphians who appreciate luxury amenities and personal service while watching their favorite events.”

With Pennsylvania online sports betting outlets, such as FanDuel and DraftKings, taking close to $800 million each month in wagers, the appetite for venues catering to sports fans should continue to rise, a business strategy Bankroll’s owners believe will succeed in sports-crazed Philadelphia.

Derek Blake is a freelance writer that has covered the expansion of legal sports betting in America and the regional casino business for several well-known industry websites. During his writing career, he has written profiles on dozens of athletes and focused on the collision of sports and politics.