The Pennsylvania Gaming Control Board (PGCB) now has a plan for dealing with the seven online gambling licenses that have gone unclaimed by PA casinos.
During a meeting this week, the PGCB decided to put the remaining licenses up for sale to qualified gaming entities. It will award the licenses to these qualified gaming entities through a random draw involving all that apply. A date for the draw has yet to be determined.
Essentially, this decision opens up the PA online gambling market to companies outside the PA casino industry for the first time.
Currently, the seven available interactive gaming licenses include:
- 3 for online poker
- 2 for online slots
- 2 for online table games
Leaving licenses on the table
Additionally, the online poker license is the one Presque Isle Downs & Casino passed on when it applied for online slots and online table games licenses alone.
Meanwhile, it seems interested entities have Churchill Downs Incorporated to thank for four of the licenses still being available.
The Louisville-based racing, gaming, and online entertainment company recently finalized a deal to purchase Presque Isle Downs & Casino. It will assume management of Lady Luck Casino Nemacolin from owner Eldorado Resorts as well.
Meanwhile, The Meadows Racetrack & Casino owner Penn National Gaming looks to be leaving its interactive gaming licenses on the table to focus online gambling plans it has its other PA casino, Hollywood Casino at Penn National Race Course.
Qualified gaming entities
To be considered a qualified gaming entity, the Board has put together regulations stating an applicant must:
- Have a license in good standing in another gaming jurisdiction
- Operate in a jurisdiction where licensing standards are comprehensive, thorough, and similar to those in PA
- Have the business experience and expertise to operate in the online gambling sphere
There’s no telling who will apply. However, the regulations make it clear any casino company not in the PA market will have now the opportunity to get in.
Thumbs up for Hollywood and SugarHouse
Meanwhile, after approving online gambling licenses for Harrah’s Philadelphia Casino & Racetrack, Parx Casino, and Mount Airy Casino Resort at its last meeting, the Board said yes to two more properties.
PGCB approved online gambling operations at Hollywood Casino at Penn National Race Course and SugarHouse Casino.
SugarHouse Casino parent Rush Street Gaming and its Rush Street Interactive subsidiary already run a New Jersey online casino. It just added sports betting services to the platform, but there is no online poker.
Rush Street Interactive President Richard Schwartz told the Board its online casino platform is ready to launch in PA. However, its plan for what to do with its online poker license remains unclear.
Hollywood Casino executives told the board it has set up its own interactive division to handle online gambling operations. It will launch online casino and poker in 2018 or early 2019 with primary technology partner IGT.