Clicky

Pennsylvania Gaming Control Board Levies $481,116 in Fines - PennsylvaniaCasinos.com News : PennsylvaniaCasinos.com News
  • 77 views
  • 3 minutes read
Fined
Published on
Update on

Yesterday (June 27, 2018), the Pennsylvania Gaming Control Board approved four Consent Agreements, one of which was with a casino operator and the remaining three with other firms that provide gambling services. This resulted in a total of $481,116 in fines. These Consent Agreements were negotiated and presented by the board’s Office of Enforcement Counsel before being approved by the PGCB during yesterday’s public meeting that was held in Harrisburg.

The next PGCB meeting is scheduled for 10:00 a.m., Wednesday, July 18, 2018, in the board’s Public Hearing Room that is located on the second floor of Harrisburg’s Strawberry Square.

The Details

Two of the Consent Agreements originated from a single matter that involved a purchase agreement between two firms. As it turns out, the said purchase agreement was enacted and implemented without any notification being sent to the board and therefore the firms were conducting business with the Keystone State’s casinos without authorization from the board. The larger fine, $351,271.40, was levied against Nevada-based gaming manufacturer and distributor, American Gaming Systems (AGS, LLC) for failing to disclose their Intellectual Property Purchase Agreement with In Bet Gaming, LLC. In addition to this, AGS, LLC, went on to engage in business with the state’s casinos through In Bet Gaming, LLC and also received proceeds from In Bet Gaming without any form of authorization or licensure from the gaming control board.

New Jersey-based In Bet Gaming Inc., a Certified Gaming Related Service Provider to Pennsylvania casinos received a $55,744.60 fine for having participated in AGS, LLC’s circumvention of the state’s licensing requirements. This also resulted in AGS, LLC owning intellectual property rights to casino games operated in Pennsylvanian casinos without the necessary authorization.

Coming in third was Valley Forge Convention Centre Partners, LP, the operator of the Montgomery County-based Valley Forge Resort who received a $50,000 fine for dishing out excess amounts of free slot play. Apparently, this violated the operators approved complimentary matrix. As per the state’s regulations, each of the licensed casinos in Pennsylvania is required to include a matrix of employees in their internal controls. These employees are to be given the proper authorization to award complimentary services alongside the specific limits on the amounts that are to be authorized. The PGCB’s Bureau of Investigations and Enforcement reports that through an investigation it discovered that free slot play had been awarded in 2015 and 2016 either by employees that were not authorized to do so or, beyond the authorized limits by authorized employees. This lead to the total free slot play awards being higher than the approved level.

Lastly, Nevada-based slot machine provider, Ditronics Financial Services, LLC, was fined $24,1000 for late filings of the required Audited Annual Financial Statements for 2016 and 2017

Latest Headliness

Pennsylvanian Court Ends Halt to Seizure of ‘Skill Games’ by State Police

Last Tuesday, Commonwealth Court Judge Ellen Ceisler delivered a ruling on a request that was filed by Pace-O-Matic. The company, which is known for designing and assembling gaming machines under the Pennsylvania Skill brand, sought to have an injunction against the seizure of their machines extended. There has been a tug of war between Pace-O-Matic […]

Penn National in Advanced Talks to Acquire Barstool Sports

Over the past year or so, there have been several instances where gambling companies have joined forces with sports media companies. The goal of these partnerships has been to ensure that the stakeholders are able to grow their presence in the country’s sports betting market. These partnerships majorly foster the growth and retention of audiences […]

More Highlights of Pa.’s Gambling Industry

It has just been a little over a fortnight since the new year began and already a lot has happened in the Keystone State’s gambling industry. Needless to say, much of this was expected especially considering the meteoric growth of the sector over the past year and the big promises that gaming operators gave to […]

Evolution’s Live Games Coming to Parx Casino in Pa. and NJ

Greenwood Racing Inc.-owned Parx Casino has been very busy extending its portfolio as it kicks off the new year. Recently, it integrated exclusive gaming content from Everi. As it turns out, that was just the beginning. Last week, the gaming operator announced that it has partnered with Live Casino supplier Evolution Gaming. The two intend […]

Parx Casino Integrates Exclusive Gaming Content from Everi

Parx Online, Parx Casino’s online gambling operation has recently added five stepper titles for real money online gambling to its portfolio. The five titles which are meant to further improve the gaming operator’s standing in the Keystone State are from Everi Holdings. If you are not familiar with Everi Holdings it is one of the […]

Similar Stories in Gambling

More Highlights of Pa.’s Gambling Industry

It has just been a little over a fortnight since the new year began and already a lot has happened in the Keystone State’s gambling industry. Needless to say, much of this was expected especially considering the meteoric growth of the sector over the past year and the big promises that gaming operators gave to […]

West Virginia Speeds Up Online Gaming Plans After Benchmarking in Pa.

It goes without saying that Pennsylvania is currently one of the most lucrative gambling destinations in the United States. In fact, it has grown so immensely that other states have begun to see it as one of the best benchmarks for their gaming industries. The latest state to consult with the Keystone State is West […]

Pennsylvania ‘Skill Games’ Still on the Spotlight

Earlier this month, “game of skill machines” which are classified under the “Pennsylvania Skill” brand were subject to lots of drama. These gaming machines which are very similar to slot machines have been on the receiving end of a number of rather controversial decisions with a number of police raids being organized and court orders […]

Harrah’s Philadelphia Inks New Deal with the Philadelphia Eagles

As sports betting in the United States continues to expand, more sports teams continue to warm up to the activity. A number of lucrative partnerships have been inked in order to capitalize on the rapidly growing industry. Last Monday, Harrah’s Philadelphia Casino and Racetracks announced that it has entered into a partnership with the National […]