PGCB Archives - National Football Post

PA Sports Betting License Applications Keep Rolling In

Posted on 15 November 2018 | by Jill Dorson

The Pennsylvania Gaming Control Board received its sixth application for a sports betting license when the Valley Forge Casino Resort filed paperwork on Wednesday. Owned by Boyd Gaming, the sportsbook will be run by FanDuel, which also partnered with Boyd Gaming for “sports betting and online gaming opportunities across the United States,” in August. FanDuel also runs the sportsbooks at two Boyd Gaming facilities in Mississippi, the IP Casino Resort Spa in Biloxi, and Sam’s Town Hotel & Gambling Hall in Tunica.

The PGCB says there is no set timetable for approving the application. The board’s next regularly scheduled meeting is Nov. 28, which likely is too soon for the application to be considered. It’s more likely to be on the agenda for one of the December meeting dates.

Five casinos have already been approved for sports betting licenses in Pennsylvania, and in each of those cases, it took a minimum of 5 1/2 weeks between the date of application and board approval. None of the casinos have opened sportsbooks to date.

Harrah’s, Rivers and Sugarhouse Casinos Approved for PA Sports Wagering Certificates

Posted on 31 October 2018 | by Jill Dorson

The Pennsylvania Gaming Control Board approved applications for three more sports betting certificates at its Wednesday morning meeting, bringing the total number of casinos licensed for PA sports betting to five. Chester Downs and Marina, LLC (Harrah’s Philadelphia Casino and Racetrack), Holdings Acquisitions Co., LP (Rivers Casino) and SugarHouse HSAP Gaming, LP (SugarHouse Casino) all got board approval. Rivers and Sugarhouse are both owned by Rush Street Gaming.

Wednesday’s meeting went smoothly with all three applicants making detailed presentations. The petitions were approved immediately after the final presentation. Each company reviewed its gaming history, both in Pennsylvania and in other states, shared plans for what their temporary and permanent sportsbooks will look like and briefly touched on the desire to roll out internet and mobile gaming sooner than later. The focus on Wednesday, however, was the brick-and-mortar locations.

Pennsylvania initially made 13 sports betting certificates available — one for each licensed casino — and with Wednesday’s approvals, five have been claimed and approved.

PGCB to Hold Hearings, Vote on Three More Sports Wagering Certificates Wednesday

Posted on 30 October 2018 | by Jill Dorson

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).

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PGCB Grants Hollywood, Parx Casinos PA Sports Betting Licenses

Posted on 3 October 2018 | by Jill Dorson

The Pennsylvania Gaming Control Board unanimously approved sports betting petitions for Mountainview Thoroughbred Racing (Hollywood Casino) and Greenwood Gaming (Parx Casino and South Philadelphia Turf Club) at its regular meeting Wednesday morning, paving the way for sports betting to go live in the state as early as November.

Greenwood Gaming, which owns the Parx Casino and the South Philadelphia Turf Club, is targeting November to roll out sports betting at its facilities while Mountainview representatives were less specific, and aiming for a rollout later this year.

The PGCB held hearings prior to voting and, in general, things went smoothly. Both companies reviewed their history and experience in sports betting and shared plans for what their sportsbooks will look like (more below). In addition, both groups discussed their desire to roll out mobile and internet sports betting sooner than later, though neither will do so for their initial launch.