Pennsylvania Satellite Casinos Are Not Gaining Interest

Back in 2017, lawmakers in Pennsylvania approved a new plan to significantly expand the state’s gambling options. Under the new laws, 10 new satellite casinos, or mini-casinos, can open in various parts of the state. Unfortunately, these Pennsylvania satellite casinos are failing to gain much interest.

Casino Floor Picture

A recent auction took place for the sixth mini-casino here. Unfortunately, no bidders took part. Let’s take a quick look at why this is.

More Mini-Casinos Are Coming to Pennsylvania

It’s clear that Pennsylvania is looking to cash in on its gambling industry. For more than a year, this state has been actively expanding the number of gambling options available to residents. It all started in 2017 when the state government passed an aggressive new gambling expansion plan.

Initially, the state approved plans for five mini-casinos to open up. Under the expansion plans, land-based casinos already operating in this state can bid to run these mini-casinos. The satellite casinos can hold up to 750 slot games and 40 table games.

Five of these mini-casino licenses have already been handed out. Recently, Pennsylvania lawmakers approved plans to open an additional five satellite casinos. The same regulations apply to these gaming venues. The state’s Gaming Control Board is currently working to auction off these casinos.

Unfortunately, the state is having a difficult time finding bidders for the five additional Pennsylvania satellite casinos. Many casino operators have raised concerns over how profitable these small gambling establishments will be.

Pennsylvania Satellite Casinos Struggle to Find Bidders

This week, the Pennsylvania Gaming Control Board held an auction for the sixth mini-casino. Minimum bids for this casino were set at $7.5 million. It was a failed attempt, as not a single casino operator bid to host this new gaming venue.

There are a few reasons why this is. First, Pennsylvania has set exclusion zones around many of the state’s metropolitan areas. This means that the new mini-casinos can only open in rural areas in Northern Pennsylvania or small cities such as Altoona and Williamsport.

The high tax rates set on casino companies is also pushing casino operators to stay away from the satellite casinos. Joe Weinert, a gambling consultant for Spectrum Gaming Group, recently gave his take on why these new mini-casinos are failing to pique casino operators’ interest.

“You have to look at the constraints posed by the regulating jurisdictions, you have to look at what can be built in what area, what’s the tax rate, what’s the licensing fee and you have to put all those ingredients into a big pot of stew and see whether it’ll turn into a palatable product,” he said. 

Under the expansion plan, the state would cease all auctions if no bidders were interested in opening a sixth mini-casino. Interestingly, House Gaming Oversight Committee Chairman Jim Marshall believes that lawmakers may continue to push for additional Pennsylvania satellite casinos to open. He’s keeping his eye out for any casino operators that express interest in hosting another one of these gaming establishments.

Sports Betting Proves Successful in Pennsylvania

Satellite casinos aren’t the only new addition to Pennsylvania’s gambling industry. Shortly after PASPA was struck down, the state officially legalized sports betting. The Hollywood Casino at Penn National Race Course took the state’s first legal sports bets in mid-November of 2018.

Today, every casino in the state has a fully-functioning sportsbook. There are now several online sportsbooks available here, as well. Fortunately, sports gambling is proving to be an incredibly lucrative industry for the state.

More than $300 million has already been spent on sports bets here. Overall, the state has earned $8,849,233 in sports betting tax revenue. In time, this state’s sports betting revenue may compete with New Jersey and Nevada.

Pennsylvania has even begun to allow online casino gambling. In July, three casinos in this state officially launched their internet casino gambling options. Much like sports betting, the online casino industry is earning the state millions of dollars in revenue already.

Pennsylvania satellite casinos aren’t taking off the way that lawmakers initially anticipated. Make sure to stay tuned for more updates on this state’s gambling laws over the next few months!

Penn National Gains Approval for Mini-Casino Near York, PA

Pennsylvania’s casino industry is getting a major upgrade! This week, Penn National Gaming has officially gained its first approval to open a brand new mini-casino near York. It’s fantastic news for fans of casino gambling in this state.

The Word Approved Written In Red

Not long ago, Pennsylvania approved 10 new mini-casinos to open up. Hope is that these gambling establishments help to bring move revenue to the state. Let’s look at how Penn National gained approval to open the casino near York County.

Pennsylvania Approves Plans for 10 New Satellite Casinos

Pennsylvania’s lawmakers have been working hard to revamp the state’s gambling industry. Not long ago, politicians here approved five satellite casinos, also known as mini-casinos, to open in the state. They can only be operated by casino operators which already have gaming licenses here.

Several companies have already paid new licensing fees to launch the mini-casinos, which will soon open in Morgantown, York County, the Westmoreland Mall outside of Pittsburgh, an area just north of Pittsburgh, and Shippensburg. The mini-casinos can only offer players 750 slot machines and 30 table games.

Lawmakers here quickly determined that just five new satellite casinos weren’t enough. Another bill was approved last month to allow five additional mini-casinos to open up. As of now, it’s unclear which companies will request a license for these gaming venues.

Fortunately, companies are beginning to gain approval for these small casinos to open. This week, Penn National Gaming, one of the top casino companies in Pennsylvania, received permission to launch a mini-casino near York. Let’s look at how this came about.

Mini-Casino Near York Receives Township Approval

Penn National Gaming was one of the first companies to bid for a mini-casino license. The company paid $50 million to open a satellite casino in York County. Unfortunately, Springettsbury Township Board of Supervisors seemed unwilling to approve a casino to open.

This week, things took a turn. The Board of Supervisors here approved Penn National’s plan to open a casino at the York Galleria Mall. Justin Tomevi, a supervisor with the Springettsbury Township, states that the approval is the sign that the town is “comfortable with the project moving forward.”

Of course, this doesn’t mean that Penn National can immediately open a new mini-casino near York. The company still needs several more approvals from the supervisory group before any construction can begin. Many York County residents are now voicing their concerns about a new casino opening up.

One local questioned whether smoking will be allowed in the casino. Penn National Gaming claims that 50% of the casino will permit smoking, while the other 50% will not. Another local claimed that she was worried about the traffic that this new gaming venue will produce here.

Regardless of the local concerns, Penn National has gained its first approval to open the mini-casino. It’s likely that within a couple of years, the gaming venue will officially open its doors.

Sports Betting Proves Successful for Pennsylvania

Allowing additional casinos isn’t the only change to this state’s gambling industry. A new gambling bill approved in 2017 allows the state to regulate sports betting. Once PASPA was struck down in 2018, lawmakers immediately began working on plans to allow sports betting inside the state’s casinos.

The first land-based sportsbook opened here in late 2018. In May of this year, several Pennsylvania casinos also began offering online sports betting services. It’s already proving to be a hugely successful industry.

This past June, more than 40% of all sports bets here were made over the internet. Online sports betting operations brought the state $46.3 million that month. Now, many are calling for internet casino gambling to become legal here, as well.

A number of states now offer legal internet casino gambling options. New Jersey earns millions of dollars each month through this industry. There are several amazing PA online casinos available right now, yet none of them are regulated by the state.

Based on the success of the online sports betting industry, it’s likely that lawmakers in Pennsylvania will soon regulate internet casino gaming. Make sure to stay tuned for more updates to this state’s gambling industry over the next few months!

Harrah’s Philadelphia Set to Offer Legal Sports Betting

Pennsylvania has begun allowing a variety of different casinos to offer online casino gaming and sports betting operations. Several of the state’s top gaming venues now have live internet gambling options available to players. Today, Harrah’s Philadelphia have announced they will have live online sports betting before the upcoming NFL season begins. Sports Betting Inside A Casino

The NFL is the most-watched and bet-on sports league in the United States. It makes sense for Harrah’s to begin offering sports wagering before the next season. Let’s take a look at what this popular casino will offer, and how Pennsylvania’s sports betting market is performing.

Online Sports Betting Is a Major Success for Philadelphia

For many years, only one US state was legally allowed to offer sports betting odds. In May of 2018, the US Supreme Court struck down PASPA, allowing every state to set laws on sports gambling. Today, ten states have outright legalized this industry and many more have pending legislation to open this industry.

Pennsylvania technically agreed to legalize sports betting in October of 2017. After PASPA was removed, this state finally had the right to offer sports wagers. It’s proving to be a massively successful industry.

More than $244,000 has already been spent on sports wagers in this state. The government has earned nearly $8 million already. As we just mentioned, this is in less than a month of sports betting becoming legal.

Many casinos in Pennsylvania now offer online sports betting. In just a month of allowing internet sports wagering, this market has brought in nearly $400,000 in revenue. Many analysts believe that this will become one of the East Coast’s top online gaming hubs.

Harrah’s Philadelphia is the Next Casino to Offer Online Sports Betting

There are currently four state-regulated sports betting operators in Pennsylvania. Many wondered when Harrah’s Philadelphia, one of the most popular casino venues in the state, would begin offering online sports wagers, as well. Today, we got the answer.

Officials at Harrah’s announced that they plan to roll out sports betting operations by August. This casino wants to have their online sportsbook ready before the start of the 2019-2020 NFL season. It’s exciting news for football fans here.

“It’s always been about that magical date of getting things up and running before football season, so we expect to launch online sometime in August,” said Chris Albrecht, Senior Vice President of Harrah’s Philadelphia. “Everything’s been going great so far [with the brick and mortar sportsbook], we opened earlier this year and we’re really excited to get into our first football season to really see what the sportsbook can become for us.”

Albrecht also claims that the casino will begin offering a variety of new promotions before the online sportsbook launches. Others have raised concerns that the online sports betting platform may take away from the land-based sportsbook. Albrecht believes it will only help to boost the casino’s overall revenue.

Pennsylvania Casinos Begin Offering Online Casino Services

Harrah’s launching an online sportsbook isn’t the only exciting news for this state. Just last week, three major casinos in Pennsylvania announced that they were launching internet casino operations. The Parx, SugarHouse, and Hollywood Casino all offer online casinos.

These casinos provide a variety of different internet gambling options. Each one offers slots, table games, and poker. Interestingly, some here prefer to play through the websites not directly regulated by the state.

There are a range of online casinos in Pennsylvania that have operated for years. Many of these are hugely popular. Competition in this industry is fierce, and as a result, most of the online casinos operating throughout the US work to offer their members safe payment options and a wide variety of different gambling options.

Make sure to stay tuned for more updates on Harrah’s Philadelphia. If all goes according to plan, this casino will have internet sports betting operations up and running by August.

Online Gambling in Pennsylvania Continues to Improve

Back in 2017, lawmakers in Pennsylvania approved a bill to significantly expand the state’s land-based and online gambling operations. Last week, several of the casinos here officially began offering casino games online. Online gambling in Pennsylvania is improving every day and is helping to make this state one of the hottest gambling destinations in the country. Pennsylvania Street Sign

Over the past few days, we’ve seen several new developments here. Today, we’re looking at the changes to Pennsylvania’s internet gaming market. We’ll also talk about how much this state’s gambling has grown this year.

Pennsylvania Casinos Roll Out Online Gambling Services

Online casino gambling in Pennsylvania has been talked about for years. Ever since this industry was legalized in 2017, lawmakers have worked on creating a legal framework for casinos to officially offer internet casino gaming options. On July 15th, the first online casino went live here.

The Parx and Hollywood Casino both began a three-day trial period for their internet gambling operations. Pennsylvania’s Gambling Commission wanted to monitor these activities to ensure everything worked according to plan. Based on all accounts, these casino’s online gaming services were a major hit.

Pennsylvania casinos with online gaming licenses now have free reign to offer their services. Today, news came out that the Parx Casino and Penn National Hollywood Casino can offer online casino gambling to players 24 hours a day. It’s great news for casino fans around the state looking to place some late-night wagers.

Only three other states have legalized online casino gambling. It’s clear that Pennsylvania is investing heavily in this industry. Let’s look at how the state is profiting from its expanded gambling operations.

Online Gambling in Pennsylvania Helps Boost Revenue

Throughout 2019, we’ve seen a major increase in Pennsylvania’s gambling revenue. Much of this has to do with the legal sports betting options now spread around the state. The gambling bill signed in 2017 that legalized online casino gambling also legalized sports betting. In May of 2018, the US Supreme Court struck down PASPA, allowing every state to officially regulate sports gambling.

The first land-based sportsbooks began operating here in late 2018. In May of this year, several casinos also began offering mobile and online sports betting gambling services. It’s clear that online operations are significantly more popular than the state’s brick and mortar sports betting options.

In June, more than 40% of all wagers made here were made over the internet. Online sports betting helped earn the state more than $46.3 million that month, the most profitable month in the state’s history. That’s impressive considering June is not typically thought of as a major sports month.

It’s an exciting time for fans of online gambling in Pennsylvania. With internet casino gambling now available, revenue earnings will significantly increase.

Other Online Gambling Options in Pennsylvania

In the next few months, we’re likely to see a major increase in online gaming sites opening up in Pennsylvania. Unfortunately, many are unaware that online casino sites in Pennsylvania have been available for years! Most of the top gambling companies in the world are available here, some of which offer even more gambling options than the state-regulated websites.

Some gamblers prefer playing through sites not directly regulated by the state government. Others prefer to know that the gambling site they play at is monitored by Pennsylvania’s Gambling Commission.

The great thing is that online gambling in Pennsylvania is constantly improving. The state is certainly happy with the massive revenue gains. Within a few years, this could be one of the most profitable gambling destinations in the United States.

Things are changing fast. Make sure to stay tuned for more updates on Pennsylvania’s online casino market.