PA to Launch First Satellite Casino in 2019
The US state of Pennsylvania has announced its upcoming launch of an innovative new satellite casino in Morgantown. The platform will come as the first-ever satellite casino in the state, and is anticipated to generate more than $4.3 million in revenues for the state’s economy. However, the approval of the new establishment has not received resounding support from local residents.
Resulting from the Caernavorn Township Supervisors’ recent vote, the new satellite casino has now been given the green light. The supervisors held an approval meeting a few weeks ago, which was attended by dozens of residents who opposed the launch at the time. Their objections did not prove to be fruitful, and the board granted approval due to the anticipated benefits.
Opposition Falls Short
As was reported by Penn National Gaming, the new venue will generate 255 temporary jobs and another 250 permanent positions. The Caernavorn casino’s opening is also set to generate over $1.6 million in tax revenues for Pennsylvania each year.
Just a little over a year ago, lawmakers in the state approved the Gaming Expansion Bill, allowing the construction of additional gambling facilities on home soil. Reacting to this move, Penn National battled to overturn the implementation of the bill, later agreeing to a proposed expansion and admitting defeat.
The local operator placed a bid shortly thereafter to launch a cutting edge satellite casino. After a $50 million proposal, its efforts finally paid off, and it selected a York County venue for one of its properties and Morgantown for the other. The latter town seems to be a convenient location, too, being based just 20 minutes from the state’s most populated city, Reading. Morgantown is also just 40 minutes away from Lancaster and 30 minutes from the Philly Main Line.
What the Future May Bring
Pennsylvania could also see more gambling facilities in the near future. According to an announcement by Parx Casino owner Greenwood Gaming, the operator is planning to launch yet another satellite casino in Shippensburg. Other expected projects will stem from Mount Airy Casino and the Cordish Company.
Pennsylvania first regulated its online gambling industry in October of 2017. Currently, the state houses the second largest iGaming market in the US, consisting of over 13 million players. Swedish developer NetEnt has just been granted a license to offer its games to local players, which is a clear sign that PA is well on its way to becoming a fully liberal and regulated market for gaming aficionados.