On Friday, Parx Casino under the parent company name Greenwood Gaming and Entertainment became the first Pennsylvania casino to submit an online gambling application with the Pennsylvania Gaming Control Board.
The move was subsequently followed by announcements for license submissions by Mount Airy and Stadium Casino later in the day. The news came weeks after the PGCB began accepting licenses and three days before an important deadline on Monday.
The application that Parx submitted on Friday is for a $10 million license that covers three major online gambling products – peer to peer games (primarily poker), table games and slot games. Pennsylvania casino license holders must submit their license application for those licenses prior to Monday.
After Monday, casinos will have the option to purchase individual product licenses for $4 million a piece for the next 30 days. Any licenses still have available after that date could be opened up to other entities.
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The biggest casino in PA
As one of the largest casinos in Pennsylvania, its not a huge surprise that Parx is the first Pennsylvania casino to officially apply for online gambling in the state.
Parx is located in Bensalem, Pennsylvania and offers horse racing as well as the largest casino in the state of Pennsylvania, with over 25% more slot machine revenue. Offering, over 3300 slot machines, 180 table games and a 48-table poker room, Parx is well positioned to become one of the big players in Pennsylvania online gambling.
Despite being the first Penn casino to reveal that it had applied for the $10 million online gambling license package, Parx was initially opposed to online gambling in Pennsylvania but since passage of the online gambling expansion, the casino has been outspoken about regulations.
The casino will partner with software provider GAN to build a online gambling software platform. GAN is the same company that partnered with Parx Casino to offer a play money casino three years ago.