The Keystone State’s gambling industry is slowly getting back on track with some of its gambling expansion plans. Over the past few weeks, there has been news about the potential addition of new gaming verticals. This is not too surprising especially considering the fact that Pennsylvania, like other states in the country, is looking for more revenue streams as it struggles to recover from the ongoing pandemic.
In addition to the state’s plan to expand the gambling sector, there are also tremendous efforts on the part of the gambling industry. The date for a mini-casino license auction has already been set and, as it stands, a few popular gaming brands are working hard to be able to launch their online gambling products in the state. The iGaming sector has grown significantly which makes it a lucrative venture for very many operators.
MGM’s Online Casino
Renowned gaming and hospitality operator MGM Resorts International is finally making a play for the lucrative and still growing online gambling market in Pennsylvania. There are very high hopes regarding the possibility that MGM Resorts will receive the necessary approval from the Pennsylvania Gaming Control Boards.
BetMGM, the operator’s online casino site will go live once they receive the license from the gaming control board. Online gamers in the state can look forward to a neat set of new product offerings including table games, online slots, and online poker. These are already on offer in the state but the entry of yet another player into that market will mean more options for the players.
As it turns out, MGM Resorts International will also need to pay an $85,000 fine to the PGCB before it can begin operating. This penalty is for hiring a former member of the gaming control board about six months after he left his position on the board. The operator will also part with an additional $2,5000 administrative fee that is to cover the costs of the investigation. Fortunately, for a company of its size, this penalty should not be much of a problem.
Enter partypoker Pa.
For months, PokerStars has enjoyed a monopoly of the Keystone State’s online poker market. Well, this reign may finally be coming to an end as partypoker, arguably PokerStars’ biggest competitor, is also reportedly finalizing its plans to venture into the state.
Just like in the case of MGM Resorts International, partypoker is reportedly set to receive approval during the August 5 state gaming control board meeting. This is great news for poker players in the state as it will not only mean more competitive products but also that there will be way more choice. Things may get even rosier if a third operator enters the market. As it stands, WSOP’s 888poker is said to be eyeing the state.