Pennsylvania ready to accept applications for sports betting licenses

Pennsylvania Gaming Control Board invites state-licensed land casino operators to apply for additional $10 million sports betting licenses.

On Wednesday the Pennsylvania Gaming Control Board announced that it has established a framework for temporary regulations regarding intrastate legalised sports betting, and is inviting existing land casino licensees in the state to apply for sports betting licenses at $10 million each.

The Board’s plan is initially for sports betting to be confined to licensed state land casinos before moving to online activity, although Board officials have not yet set a date for implementation and the first bets by punters.

The board’s communications executive, Doug Harbach, told local reporters: “We intend to move as quickly as possible. But at the same time, remember that our role is to protect the public. So we’re not going to unleash sports betting in the commonwealth until we have this right.”

Some land casino operators have expressed concerns about the high cost of sports betting licenses, and the 38 percent of GGR tax rate set by state lawmakers.

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