Pennsylvania Casinos will soon be offering Online Gambling
Pennsylvania residents will soon be able to play their favorite casino game from the comfort of their homes. This is because online gambling became legal in Pennsylvania last year and nine casinos have petitioned for online gaming licenses. Thus, Pennsylvania Casinos will soon be offering Online gambling if they are accepted by the Pennsylvania Gaming Control Board.
The Pennsylvania Gaming Control Board oversees all aspects of the state’s casino industry. Furthermore, they are responsible for oversight of new gaming initiatives created through the Race Horse Development and Gaming Act.
In order for a casino to receive an interactive game play or iGaming license, it will first have to be evaluated by PGCB. In addition, they will have to pay $10 millions to have three types of game play. These include slot machines, table games and peer-to-peer poker.
Pennsylvania Gaming Control Board Working Overtime
Licensed casinos in Pennsylvania have until August 14, 2018 to petition for the online gambling license. Since it started taking petitions for online gambling licenses on July 16, they have received a total of nine applications.
They include the following casino license holders:
- Greenwood Gaming and Entertainment, Inc., operator of the Parx Casino (received July 12, 2018)
- Stadium Casino, LLC, licensed to operate the unopened Live! Hotel and Casino Philadelphia (received July 13, 2018)
- Mount Airy #1, LLC, operator of Mount Airy Casino Resort (received July 13, 2018)
- Sands Bethworks Gaming, LLC, operator of the Sands Casino Resort Bethlehem (received July 16, 2018)
- Mountainview Thoroughbred Racing Association, LLC, operator of Hollywood Casino at Penn National Race Course (received July 16, 2018)
- Valley Forge Convention Center Partners, LP, operator of Valley Forge Casino Resort (received July 16, 2018)
- Chester Downs and Marina, LLC, operator of Harrah’s Philadelphia Casino & Racetrack (received July 16, 2018)
- Holdings Acquisition Co., LP, operator of the Rivers Casino (received July 16, 2018)
- Sugarhouse HSP Gaming, LP, operator of SugarHouse Casino (received July 16, 2018)
According to the PGCB website, these nine casinos have requested approval to conduct:
- Non-Peer-to-Peer interactive games which simulates slot machines
- Non-Peer-to-Peer interactive games which simulates table games
- Peer-to-Peer interactive games which simulates poker
Pennsylvania, the fourth state to legalize online gambling, will use some of the revenue for a property tax reduction fund. In addition, the Sportsbook Pay Per Head industry has also seen an influx of potential clients in the Pennsylvania area.
The PGCB said it will take a few months before the online game play becomes available. It is a busy time for them and it is a daunting task to get setup so quickly.