Nine Pennsylvania casinos bet on Internet gambling, and the winner is Pa.’s treasury

The principals expect the development to draw four million visitors annually. So far no casinos have applied for sports-betting licenses. Business Liquidation plan OK'd for failed Phila. Impact The development would employ about 1, workers, plus generate another 3, construction jobs. Stay Connected A partner of. Applicants are not allowed to submit additional information unless their financial condition changes. Tagged under Baltimore , bensalem , casino , cordish companies , gambling , Gaming Control Board , greenwood racing , Philadelphia , slots , sports , stadium district.

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The group says its plan will capitalize on the eight million people who already visit the stadium district each year, as well as draw new gamblers from South Jersey.

The development would employ about 1, workers, plus generate another 3, construction jobs. Hotel and Casino is a joint venture of Greenwood Racing, Inc. GRI and Cordish Companies. Greenwood Racing owns Parx Casino in Bensalem, the highest-revenue-generating casino in the state.

Greenwood operates the Atlantic City Race Course and other off-track betting facilities. Baltimore-based Cordish operates multiple casinos and entertainment complexes across the country, including Xfinity Live! It operates the recently opened Maryland Live! The company also owns urban mixed-use projects in Houston, Kansas City and Atlantic City, among others. Click here for complete coverage of the bid for a gaming license in downtown Philadelphia. Twitter icon Facebook logo.

Several gaming experts expect the poker licenses to attract less demand since the market for Internet poker supports fewer gaming operators. Bettors must be using electronic devices located within the state to participate. Digital offerings account for 9 percent of New Jersey casino revenue, but since they are taxed at a higher rate than casino winnings 15 percent vs. Get the news you need to start your day.

July 17, - Andrew Maykuth Maykuth amaykuth phillynews. The SugarHouse Casino in Philadelphia is one of nine Pennsylvania casinos that have applied for licenses to provide online betting, or iGaming. Wayne Parry Online poker being played in New Jersey. The gaming board has 90 days to approve the licenses. The fees are due 60 days after approval. The internet is the next frontier for gaming, from the perspective of taxing authorities.

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