The process for launching online casinos and poker site in Pennsylvania is actually underway. Applications are now available for online manufacturers and suppliers.
While Pennsylvania casino revenue is stagnant, one thing generating way more money than anticipated are the satellite casino auctions.
The Pennsylvania Gaming Control Board released it’s 2017 numbers. Table game revenue was up 4.4%, eclipsing $890 million for the first time in the state’s history.
Just days after buying four casinos in Penn National’s acquisition of Pinnacle, Boyd Gaming announces it is buying Valley Forge Casino in Pennsylvania.
In a new interview, a representative from Penn National discloses the company’s frustrations with PA’s new laws regarding gambling expansion.
In a letter to the Dept. of Justice, senators Lindsey Graham & Dianne Feinstein asked for the banning of online gambling, citing PA’s recent gambling law.
This past week Montgomery County announced it will receive $1.7 million a year from Valley Forge Casino by virtue of changes to the state’s gambling laws.
While many are excited about the range of new gambling ventures now legal in Pennsylvania, some towns are saying no thank you to satellite casinos.
Slot revenues at Pennsylvania continued its ten-month decline, but table game revenues continue to thrive, keeping year-over-year revenue steady.