In June, platform providers seeking to offer services in Pennsylvania can begin submitting applications.
The online gambling industry of Pennsylvania seems to be slowly coming together, with a few developments over the last few weeks helping to see action finally taking place. The Pennsylvania Gaming Control Board recently released regulation information regarding the online gaming industry and are working on even more regulations to be announced during a meeting next week. We have now learned that the board has announced platform providers hoping to offer services in the state can begin to submit applications in June.
Platform Info Released
This week, the board announced that on June 4th, applications for platform providers will be accepted. The board is already prepared to begin accepting applications from land-based casinos beginning in April with online gambling steadily on track to launch this year.
Companies that wish to be provided licensing for Interactive Gaming Operations will need to fill out an application and then complete a fingerprinting process. Once the fingerprint information is received by the board, the remainder of the application is considered and then ruled as complete. A background check will then take place to make sure a company meets all requirements before being granted approval.
What About Skins?
In Pennsylvania, the issue of skins has been one that has been heavily considered. There are casinos in the state that want to see the number of websites that a license holder can offer to be limited at just one. Other operators want to be able to act like New Jersey and follow their online gambling model, where several sites can operate under one license.
The better option according to analysts is of course allowing multiple sites under one license. New Jersey has proven themselves to be a top operating state when it comes to online gaming, so we know this format works.
When legislation was in the process of gambling law, involving online gambling, the lawmakers responsible for the law did not want to limit the number of skins allowed. So, now it is up to the board to decide. It is believed that by the 4th of April, the board will make known just how many skins can operate on one license.
One drawback to limiting the industry to just one skin per license will be that participation would be limited. The application process costs $1 million, so smaller operators in the state might not apply for licensing if they feel they might not be able to enter the market successfully. For now, the question of skins remains up in the air, but hopefully, over the next few days more information will be made available on the subject.
Another Satellite Casino Auction
In other Pennsylvania news, the next satellite casino auction is set to take place on the 4th as well. Since January, the state has held two auctions per month, providing land-based casinos with the ability to bid for a mini-casino license. The first two months of auctions were successful; however, March was another story.
In March, the first auction did not see any bids made for a satellite gaming license. The second auction was postponed twice and will now take place in April. Because there were no bids during the first auction of March, the bidding process is now open to those who have already obtained satellite casino licensing.
Before that, only those with licensing for land-based options could bid and those who had already earned licensing were unable to bid again. That is no longer the case. It will be interesting to see if there is any interest next week or if there are still no bids made towards the mini casino licensing up for grabs.