Pennsylvania Gaming Control Board Opens Application Period for Online Casino Operators

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By:
Derek Blake
02/29/2024
News
Basketball Sports News

Highlights

  • PGCB sets January 3rd as opening date for new online casino license applications
  • 12 remaining online casino certificates in Pennsylvania at cost of $4 million each
  • Bidders will vie for six remaining online poker app spots, three for slots, and three for table games

In a surprise move, the Pennsylvania Gaming Control Board (PGCB) decided to re-open the petition period for casino operators located outside the state to enter Pennsylvania’s expanding online gaming market.

Interested parties can submit their application during a two-month period starting on January 3, 2023. The petitions cost $4 million each and can be applied to one of three online casino areas including online slots, online table games, such as online blackjack, and online poker.

After applying, potential operators of PA Online Casinos could be waiting for years before their application is approved or denied. Several operators, including Golden Nugget, continue to wait for a decision after spending $8 million on application fees for a license to run online slots and table games after applying in 2019.

Most online operators acquire their license after partnering with one of the state’s brick-and-mortar casinos. Originally BetMGM hoped to enter the online gambling market as a standalone operation in 2019, but due to delays, they moved to partner with two Pennsylvania casinos, Hollywood Casino Penn National and Morgantown.

2024 Marks Second Time the PGCB Opens Application Process

The Pennsylvania Gaming Control Board decided to re-open the application process for operators because of the need to generate additional tax revenue from the unused spots. During the 2021/2022 fiscal year, casinos and other PCGB-related gaming generated over $2 billion in tax revenue for the state of Pennsylvania.

Initially, the state offered 39 total licenses after passing the Gaming Expansion Act of 2017. Since that time, 27 of those licenses have been issued to the state’s online gaming operators.

The final 12 spots include six certificates for online poker, and three certificates each for online slots and online casino table games. After applicants enter.

Derek Blake is a freelance writer that has covered the expansion of legal sports betting in America and the regional casino business for several well-known industry websites. During his writing career, he has written profiles on dozens of athletes and focused on the collision of sports and politics.