PGCB to Hold Hearings, Vote on Three More Sports Wagering Certificates Wednesday
The Pennsylvania Gaming Control Board will hear and vote on petitions for three sports wagering certificates at its regularly scheduled meeting on Wednesday. Should all three petitions be approved, the number of properties licensed to operate sportsbooks in Pennsylvania will increase to five.
At its Oct. 3 meeting, the board approved sports betting licenses for Mountainview Thoroughbred Racing, LLC, operator of the Hollywood Casino at Penn National Race Track, and Greenwood Gaming, operator of the Parx Casino and South Philadelphia Turf Club.
On Wednesday, it will consider applications from Chester Downs and Marina, LLC (Harrah’s Philadelphia Casino and Racetrack), Holdings Acquisitions Co., LP (Rivers Casino) and SugarHouse HSAP Gaming, LP (SugarHouse Casino). Pennsylvania has 13 sports betting certificates available — one for each licensed casino in the state — and to date, five have been claimed or applied for and eight remain. The application fee is $10 million and gross sports betting revenue is subject to a 36 percent tax (34 percent state, 2 percent local).