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Three Casinos Issued Online Gambling Licenses in Pennsylvani

edit:casino time:2018-08-18

Presque Isle Downs recently exercised this option, applying for only online slots and online table games, but not online poker.

The online poker and online table games tax rate of 14 percent plus the 2 percent local tax is much more palatable.

Valley Forge Casino Resort
It Ain’t Cheap

Those who applied by the deadline were able to lock in the $10 million price tag. There are a dozen casinos in Pennsylvania (counting Live!, which hasn’t actually opened yet) and thus there are a dozen licenses available. The three casinos who did not meet the deadline still have the option to file applications, but they will need to play $4 million for each one, up to the (let me check my graphing calculator) $12 million total for all three.

Live! Hotel and Casino Philadelphia

The casinos had to pay a $10 million application fee for the three licenses combined. A total of nine casinos submitted applications for all three licenses by the July 16th deadline. The other six are as follows:

She would also question what in the hell I am teaching him at home (he said he wants to learn how to play poker, which…math skills?).

Each of the casinos has been granted all three internet gaming licenses for which they applied: online poker, online table games, and online slots.

Hollywood Casino at Penn National Race Course

Mount Airy is an interesting one. It already had a partnership with 888, but it made big news last week when it announced that PokerStars will be the one to provide its poker, casino, and sports betting products. Mount Airy isn’t nearly as big as some of its competitors, but it has shown that it intends to be a major player in the online gaming realm, working with the most recognizable name in the industry. This is also significant because it means that there will be at least one interstate network competitor to Caesars/WSOP/888. PokerStars is the second largest online poker site/network in New Jersey, but lags way behind WSOP/888 because it has no presence outside of the state. Adding Pennsylvania will boost PokerStars’ U.S. numbers, giving a second solid option to New Jersey and Pennsylvania players.

On Wednesday, the Pennsylvania Gaming Control Board announced that it has approved the interactive gaming licensing applications of three casinos: Harrah’s Casino Philadelphia, operated by Chester Downs and Marina, LLC, Parx Casino, operated by Greenwood Gaming & Entertainment, Inc., and Mount Airy Resort Casinos, operated by Mount Airy #1, LLC.

Sugarhouse Casino

Three Casinos Issued Online Gambling Licenses in Pennsylvania 18th August 2018 // Industry, News

My fourth grader has a vocabulary quiz on Friday and one of the ten words he needs to know is “gradually.” When quizzing him before bed, I had him use it in a sentence. He said, “The snail gradually made his way across the street.” Solid, but perhaps his teacher would be more impressed with his depth of knowledge if he wrote, “The online poker industry in Pennsylvania is gradually becoming a reality, as three casinos have finally been granted licenses.”

Pennsylvania Stamp

The Gaming Control Board said it will continue to review applications at its September and two October meetings. The next meeting is scheduled for September 12th. No date has been set for when online gambling will actually launch in Pennsylvania.

Classification

Casino websites wishes you to enjoy online casino responsibly.

Never play online casino with money you can't afford to lose and be aware of the fact that gambling is not a way of earning money.

Gambling may cause pathological addiction if it is not enjoyed in moderation.

If you feel like you have to limit your gambling behavior, contact Gamcare for professional help.

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