Parx Casino Owners Apply For Third Pennsylvania Sports Betting License and Presque Isle Downs Approved for Sports Betting
Greenwood Gaming has applied for a sports betting license at its third Pennsylvania property, the Valley Forge Turf Club
Greenwood Gaming and Entertainment, which owns the Parx Casino in Pennsylvania has applied for a third sports betting license. The license would allow sports betting at the Valley Forge Turf Club located in Phoenixville.
Doug Harbach, Communications Director of the Pennsylvania Gaming Control Board (PGCB) told AmericanCasinos:
“We received the attached petition on Friday and knew you would be interested based in our previous discussions. This would be the 2nd “non-primary” location for Greenwood Gaming/Parx Casino. The PGCB had earlier approved a sportsbook at their Turf Club in Philadelphia which is now operational. I cannot, at this time, predict when an approval may be granted on this petition.”
Greenwood Gaming now has sports betting live at its primary
location in the Parx Casino, and at the South Philadelphia Turf Club. Sports
betting technology company Kambi powers both sites and will replicate its sportsbook
at the Valley Forge location.
The Valley Forge Turf Club should not be confused with the Valley Forge casino which lies only a few miles away in the town of King of Prussia.
The Valley Forge casino is now owned by Boyd Gaming which finalized the purchase late in 2018. Boyd’s application for a sports betting license was approved by the PGCB on December 19, last year.
FanDuel is providing the sports betting platform and if New Jersey is a valid comparison, should take a large slice of the market. Live sports betting should begin before March Madness, with an online offer coming in the second quarter of the year.
Presque Isle Downs approved for sports betting
At its meeting on February 6, the PGCB conditionally approved a sports betting license for the Erie based Presque Isle Downs casino.
Presque Isle is also under new management with Churchill Downs now in charge. The casino was late to apply for a sports betting license, but is moving rapidly ahead with its partner SBTech.
CEO Bill Carstanjen sees Pennsylvania as a necessary step in the company’s US expansion plans:
“Presque Isle will give us a foothold in Pennsylvania and the opportunity to participate in the sports betting and online gaming market throughout the state. This acquisition is projected to be immediately accretive to our shareholders.”
Mount Airy fined $250,000
One action that the PGCB took on Wednesday that can’t be counted as good news was to fine Mount Airy casino $250,000.
Back in February, 2018, a customer who got drunk killed a pedestrian while driving home. The customer was charged with committing homicide by vehicle.
The PGCB criticized the casino for not having procedures in place to track the consumption of alcohol. Mount Airy promised to implement a new system but didn’t do so. The PGCB fine is for failure to act on its commitment.
The PGCB said:
"The fine levied against Mount Airy #1, LLC was for $250,000 and stemmed from the casino’s failure to implement an alcoholic beverage tracking system in 2017 after publicly testifying to the Board that it would be installing and training personnel in the system within two weeks of that testimony."
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