Summary: The Golden Nugget has applied to provide online gaming in the state of Pennsylvania.
Some time ago, the Pennsylvania Gaming Control Board decided to open up the online gaming licensing process to what they are calling qualified gaming entities. Such an entity could be one located outside the state, but one that is licensed in another jurisdiction that has proven themselves in the industry. No company has proven themselves as much as the Golden Nugget of New Jersey. Consistently breaking records when it comes to online game traffic and revenues, the brand is now setting their sights on Pennsylvania.
New Applicant For The State
The Golden Nugget provided their application for online gaming to the board right before the deadline cutoff yesterday. The board confirmed that they had received the application to new sites PlayPennsylvania. The Golden Nugget is reportedly interested in offering online slots and table games, set to pay $4 million each for licensing in each category.
MGM Resorts also applied this week, as an out of state operator, set to offer all three gaming categories, online poker gaming, table games and slots. If both operators are approved by the board, then that will leave six licenses up for grabs in the state.
While both companies are sure to be successful in their endeavor, all eyes will be on the Golden Nugget. The company is currently the most successful when it comes to online gaming in the state of New Jersey as well in the United States. The company has been able to sit in the number one spot month after month in NJ as their gaming platform continues to reach record numbers.
In September, the brand was able to take in $9.3 million in online gambling revenues, the largest portion of the $24.1 million earned from online casino and poker gaming combined. Surprisingly, the Golden Nugget only offers online casino, so they are able to hit such high numbers without any help from online poker gaming.
Next Step in the Process
Now that the two new applications have been submitted, the Pennsylvania Gaming Control Board will now review the applications for approval. The applications are multiple pages long and will take some time to review. However, both MGM and the Golden Nugget are established and well-known in the gambling industry, so it would not be unreasonable for the two to be provided approval fairly quickly.
However, a decision most likely will not be made until the next meeting of the board, which takes place on November 28th. Once approval is given, the process of setting up the online gaming site can begin. It will most likely be in 2019 when the two begin offering services in the state.
It was supposed to be this year when Pennsylvania began to offer online gaming, but the process of setting up the new industry has been slow going. It took some time for the licensing process to begin and then it seemed interest was minimal. Once applicants began to submit their paperwork to be considered, the board then slowed down the process to review information provided carefully.
It has only been a short time since operators have been gaining approval for online gaming licensing and most of those who have been approved have stated that launch will be in 2019. For now, we will have to wait and see, hopefully with players having access to online gaming in the very near future. Even if the first launch is in 2019, the New Year is only a few short weeks away!