13.032018Gambling license Application to Open in April
The wait is almost over for online casinos wanting to acquire the long-awaited Pennsylvanian online gaming licenses.
Kevin O’Toole, the Pennsylvania Gaming Control Board or PGCB executive director, confirmed at the latest House budget hearing that his board is the process of developing temporary laws for online casinos.
The board is expecting the first phase of the applications to begin in April.
O’Toole state, “The 90 days application period will run from mid-April all the way to mid-July.”
An All-In-One License
An all-in-one gambling license covering online table games, online peer-to-peer gaming like poker, and online slots will be provided during this time for a combined price of $10 million. However, there will be a discounted price for all Pennsylvania casino provides like Churchill Downs and Parx Casino wanting to run online website and poker in the region.
Applicants who want just a single type of license will need to wait until the application period is over to apply for their licenses, which will cost $4 million per license. Furthermore, Non-Pennsylvania operators may apply for single licenses after 120 days or in August.
90-Day Period for Review
The board has set-aside an additional 90 days period to go through the applications after they are filed. If things fall into place, the state will award its first online casino licenses in the fall.
Pennsylvania’s laws, enacted into law last year, allows for 12 licenses for every online category – poker, table games, and slots – one for each of the region’s land-based casino licenses; the number now stands at 13.
Meanwhile, the board has already started (started last month) to receive the interactive application for non-operators while applicants for fantasy sports were opened last week. The board has also set another round of auction for mini casino front after no bidders showed up during the first round. It will be on 21st March.
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