A big part of New Jersey's success in online gaming has been due to allowing licensees to carry multiple brands, including out of state/country brands. Parx is trying to prevent the same from happening in PA, but faces opposition.
Mount Airy has picked up a satellite casino license, to be build near the Ohio border. The state of Pennsylvania has now generated more than $110 million in three Category 4 License auctions.
Pennsylvania casinos offer some of the lowest returns on slots in the country, and it's likely PA online gambling sites will also be forced to offset high tax rates by charging its customers more.
Casino industry analysis David Huber offers his opinion on who will win the auction for Pennsylvania's third satellite casino.
Lottery spokesman Jeffrey Johnson set the bar high when he said the PA online lotto will profit as much as $250 million in five years. Is that figure attainable? David Huber takes a close look.
The auctioning process for PA's ten satellite casino licenses started off with a bang, with Penn National bidding more than six times the minimum price point of $7.5 mm.
Pennsylvania will host an auction this Wednesday, with the winner receiving the first of 10 satellite (mini) casino licenses.