Pennsylvania Online Poker License Applications Set For April
The wait is almost over for the casino operators who have been eagerly waiting for Pennsylvania’s long-awaited online gambling licenses as the Pennsylvanian Gaming Control Board begins processing the licenses in just a few weeks. During a recent House budget hearing, the Pennsylvania Gaming Control Boards (PGCB) Executive Director Kevin O’Toole confirmed that the agency is already in the process of crafting some temporary regulations...
Las Vegas Sands Selling Pennsylvania Casino for $1.3 Billion
Online gambling was legalized in the state of Pennsylvania last fall, something that had been strongly opposed for years by billionaire casino boss Sheldon Adelson. This week, Adelson’s company, Las Vegas Sands, announced that it would be selling its sole casino, Sands Bethlehem casino-resort, in the Keystone State. During a press release on Thursday 8th of March 2018, Las Vegas Sands revealed that it had entered into an agreement...
Online Gambling at Pennsylvanian Casinos Will Be Prohibited
Recently, the Pennsylvanian Gaming Control Board released a documentation pertaining to online gambling in the state. The FAQ document is meant to help the state’s citizens to gain a better understanding of its forthcoming online gambling industry. However, the two-page document contains no new, or rather groundbreaking, information. Still, there is a specific aspect of the law that has often been underreported or underplayed, that...
Churchill Downs Eyes Pennsylvania Online Gambling Space
Race betting and casino operator Churchill Downs Inc. (CDI) has been expanding its land-based operations with the most recent one being its acquisition of two properties in Mississippi and Pennsylvania. Churchill Downs Inc. officially announced on Wednesday 28 that it had struck deals to acquire the Lady Luck Casino Vicksburg in Mississippi and the Presque Isle Downs & Casino in Erie, Pennsylvania. Both properties are being...
Pennsylvanian Poker Rooms Rake In $4.6 Million in January
According to recent financial figures posted by Pennsylvania’s Gaming Control Board, the state’s 10 land-based poker rooms generated revenues amounting to a total of $4.6 million in January 2018. All the ten casinos paid state taxes of a $648,000 on the revenue. Since the first poker room was officially opened in Pennsylvania, the casinos have enjoyed poker rakes of up to $436.1 million with over $56 million in taxes being paid on...
Las Vegas Sands Corp. Won’t Be Extending to Pennsylvania
In an unexpected turn of events, it looks like Las Vegas Sands Corp. will no longer be extending its reach to Pennsylvania. In an auction held on Wednesday morning, the owner of the Sands Casino Resort Bethlehem was awarded a license for Pennsylvania’s fourth mini-casino. Sands Casino submitted the winning bid of $9.9 million for a casino on the other side of the state in Mercer County, right at Ohio’s border. However, as it turns...
