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Are you all ready for intentionally small casinos in places like Reading? The Lake Erie shoreline? For while many other states have added small numbers of casino licenses over time, "this would be the first time it creation of new sites was done in just this way," said Michael Soll, president of The Innovation Group, a New Orleans-based gambling industry consultant that has conducted several studies of Pennsylvania's market.

You've got to ask the right questions and then get satisfactory answers because, moves like this, you really can't undo them. I just hate it less than taxes. As an example of the unintended consequences of this latest state-sanctioned casino gold rush, consider the case of the casino that sits closest to the Capitol dome, Hollywood Casino at Penn How many casinos are in pa Race Course.

It's not clear yet how the licenses for click individual satellite sites will be awarded: But sources familiar with drafting discussions have noted for the past several weeks that central to the plan is creation of a market protection zone around each of the first-generation casinos built and opened over the last decade.

The idea is that for the satellite casinos to be true revenue generators for Pennsylvania, cannibalization of the state's 12 existing commercial casinos should be held to a minimum. But the way the mile plan plays out on the state map has Wyomissing-based Penn National Gaming executives tossing in their sleep.

Overlapping rings in the Philadelphia, the Lehigh Valley and into the Scranton Wilkes-Barre regions mean there literally could not be any of the new casinos built in a roughly square-mile block in the eastern third of the state. But many of the most attractive secondary markets that are left - Reading, Lancaster, York, Gettysburg, State College, even Williamsport - are all closer to Penn National than anywhere else. Compounding the problem, Penn National execs argue, is that the mile circle around its Grantville racetrack casino captures large swatches of rural ground like Upper Dauphin and Perry counties.

The company how many casinos are in pa that more than half its customers lie outside its mile buffer. Early versions of the bill, according to sources, would have required a market study of the state before any new casino licenses were awarded, in how many casinos are in pa to overlay the satellite shops to best fit with the existing market.

That language has apparently been struck how many casinos are in pa later drafts click the following article an effort to help get more casino licenses issued more quickly, because the state budget calculus demands it.

Some casino allies express sympathy for Penn National in this debate, but others see a little irony: Penn National, they note, was the one click here how many casinos are in pa was open to VGTs, seen by the industry as a whole as a sure-fire way to erode the base market. The exclusion best online payout issue is one of several how many casinos are in pa details that are still on the table, and it's possible there will be further changes, like giving casinos a right to match any bid to build casinos close to their natural market areas.

Here's how that happened. There is more consensus around the introduction of Internet-based games, the other major plank of the emerging Pennsylvania legislation. I-gaming has already been deployed in another major casino states, New Jersey, and has at this point proven itself to be a net plus to the existing brick-and-morter casinos. There is some evidence to suggest the satellite casino plan can work too, for the state as a whole. It also said a casino in the Altoona area would nearly match the revenue from a second Philadelphia casino.

Presumably, those and other sites would be just as attractive with less up-front cost, as the bill envisions. Proponents argue that the satellites will give the state's existing casino players a chance to bolster their in-state markets and, hopefully, create hundreds of new jobs along the way.

Stephen Mullin, a principal with Econsult who conducted the state's first i-gaming study, said he rates it as "very, very likely" that casino operators can find enough secondary markets to grow the state's net revenue. At some point, Gros said Wednesday, casino operators need to have stability. Pennsylvania may be on the verge of becoming a national gambling guinea pig.

And then, there's this: The lead version, at this point, is a mile radius around each casino. Here's how that happened But it's a good example of why it's hard to do gambling policy in the vise of a budget crunch. Roger Gros, the publisher of Read more Gaming Business magazine, agreed, with a caveat.


How many casinos are in pa Donald Trump Business Failures

The new law HB permitted suitable facilities to apply for slot licenses. This seems simple enough, but as a non-gambling state the law ended up being pages long, and called for the creation of the Pennsylvania Gaming Control Board PGCB and created three separate categories of slot machine licenses. Inthe state further expanded their land-based gaming, adding table games to the list of approved games through SB A Category 1 license permits the facility to house up to table games and 5, slot machines.

Six racetracks have been approved thus far, leaving the state with a single Category 1 license to be awarded:. Even though they essentially pay the how many casinos are in pa licensing fees as Category 2 licensees, the six racinos in Pennsylvania must adhere to several rules in order to keep their Category 1 license in good standing.

Current proposals in the state legislature are considering softening the requirements for live racing. Pennsylvania authorized up to five of these stand-alone casinos. So far four have been approved:. Just like Category 1 licensees, Category 2 license holders are permitted up to table games and 5, slot machines. They can also offer the amenities of any major resort casino, including restaurants, spas, and entertainment options.

There is one catch, however. They also must be located in major cities or tourist areas, and cannot be within 30 miles of a Category 1 facility. Pennsylvania law allows only three Category 3 licenses to be issued, and so far only two have been awarded. Category 3 license holders are the most restricted how many casinos are in pa terms of gaming options, as they are allowed up to slot machines how many casinos are in pa 50 table games on premises, but these are also the only gaming facilities that have attached hotels.

Still, the use of the term resort casino is a bit of a misnomer in Pennsylvania, as it tends to conjure images of the multi-billion dollar destination casinos in Las Vegas.

These see more not casinos with hotels. A subsequent additional licensing fee was also collected when Pennsylvania added table games in Legislation set to be introduced in the near future would eliminate this severe handicap. Facebook Twitter Linked In. Six racetracks have been approved thus far, leaving the state with a single Category 1 license to be awarded: Racinos applying for a Category 1 license must meet one of the following requirements: Existing racetracks are required to host live racing for source least two years prior to being awarded a license, and live racing must occur at the property at least days per year.

New properties applying for a Category 1 license that have never hosted live racing must host live racing for a minimum how many casinos are in pa days by the second year of their license being approved. Category 2 License — Stand-Alone Casino Category 2 licensees are what many of us would consider a classic casino. So far four have been approved: Valley Forge Casino Resort Lady Luck Casino Nemacolin Category 3 license holders are the most restricted in terms of gaming options, as they are allowed up to slot machines and 50 table games on premises, but these are also the only gaming facilities that have attached hotels.

Conversely, if you want to be a full-fledged casino you cannot how many casinos are in pa a hotel. Steve covers nearly every angle of online poker in his job as a full-time freelance poker writer.

His primary focus is the developing legal and legislative picture for regulated US online poker and gambling.


Hollywood Casino opens in central Pennsylvania

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