About three months ago, the Pennsylvania Gaming Control Board opened up the application process for land-based gaming operators in the state to apply for online casino licensing. The process included a 90-day time frame in which applications could be filled out for slot gaming, poker and table games for $10 million licensing fees. During this time frame, not a single operator submitted the appropriate paperwork for approvals. However, as the deadline approached, we now have seen five applications submitted.
On Friday, three companies had applied for licensing: the Parx Casino of Bensalem and Mt. Airy Casino Resort, along with the Stadium Casino, a brick and mortar facility set to be constructed in South Philadelphia.
Monday, July 16thwas the last day that casinos could submit an application and by the day’s end, the Rivers Casino and SugarHouse Casino (both under the same owner) and the Hollywood Casino had submitted the paperwork for consideration.
Now that the initial application window has come to an end, a secondary window is now open. Until August 16th, any remaining casino operators can apply for licensing. Instead of the $10 million cost for all three licenses, operators will have the option to apply for an individual license to offer slots, table games or poker for $4 million each.
Once the time frame is up, the Gaming Control Board will allow any licenses that are unclaimed to go to corporate entities who apply and are approved. Any entity that obtains licensing will have to create a physical location in the state to be able to provide online gaming to residents and visitors within the borders of Pennsylvania.
The state has 13 operators, 12 already in existence and one casino set to be created in South Philadelphia. Each of these operators has the ability to gain licensing first for online gaming before the process will open up to outside entities. There are still a few licenses up for grabs now that only five have completed the application process during this initial window for submissions.