Pennsylvania To Administer Interactive Gaming Licenses

Interactive gaming operators will be able to apply for a license in Pennsylvania, whose Gaming Control Board has decided to begin accepting requests for online platforms on June 4th. Sites interested in providing fantasy sports contests could very well start operating within the state’s borders later this year, provided they successfully undergo a background investigation prior to launching.

Apart from working on applications for the companies that are keen on acquiring a valid permit for offering wagering services on sports events, the Control Board has also given approval for the Penn National Gaming’s purchase of a U.S casino operator Pinnacle Entertainment. The $2.8bn investment includes 16 gaming and entertainment facilities across the country, and it is expected to generate $100m in annual cost savings.

To register for an interactive license, applicants will have to visit the gaming control board’s site and download instructions on how to be fingerprinted. Companies will only be able to move to a next stage once preliminary inquiries have been fulfilled.

The state of Pennsylvania has started offering casinos relatively recently but now belongs to one of the four jurisdictions that have legalized online gaming. The passing of the legislation in October 2017 authorized online games of luck at truck stops and casinos, which at that time helped the government to straighten out finances and collect tax from a growing industry worth $1.4bn.

The Gambling Board of Pennsylvania was established in 2004 and since then the state has authorized 14 operating licenses for betting sites that provide slots. Table games and other casino games were incorporated in 2010 when numerous resorts were built including Sands Casino Resort Bethlehem and Sugar House.

Source:

“PA Gaming Control Board To Accept Interactive Gaming Operator Applications Starting June 4th”, gamingcontrolboard.pa.gov, March 27, 2018.