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Parx Casino submits application for sports betting license in Pennsylvania

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Parx Casino submits application for sports betting license in Pennsylvania
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Parx Casino has filed its application to obtain license for operating sports betting in Pennsylvania. The company has already received the license to launch online gambling in the state.

Greenwood Gaming & Entertainment, the owner of Parx, submitted the application. It must be noted that Hollywood Casino at Penn National Race Course has already applied for the license.

In addition to Parx, Greenwood is seeking permission from the Pennsylvania Gaming Control Board (PGCB) to offer legal sports wagering at its South Philadelphia Turf Club off-track betting facility.

Documents seen by Legal Sports Report suggest that should Greenwood succeed in its application, Parx could be offering sports betting services before the end of the year.

The PGCB has already said that despite various other states having introduced regulated sports betting in recent weeks, Pennsylvania is unlikely to do so prior to the start of the NFL American football season in September.

Greenwood would not obtain a licence until September at the earliest, when the PGCB will next meet to discuss all new applications. Operators that do secure a licence face a combined 36 per cent tax rate, comprising a 34 per cent state tax and 2 per cent local tax.

Parx has already been successful in obtaining an online gaming licence in the state, having put forward a joint application with GAN.

Meanwhile, Connecticut Governor Dannel Malloy has suspended talks with two Native American tribes over sports betting regulation, with the state set to miss out on legalisation this year.

Malloy is keen to push ahead with regulation and said that the two tribes were “within days” of an agreement to amend their gaming compact.

However, according to the Connecticut Mirror, Malloy said that disagreements among legislators will delay the process until the next scheduled legislative session in January.

“I don’t think circumstances have changed dramatically, except that the Republicans in the legislature have indicated they don’t want come to come into session on this topic,” Malloy said.

“Unless that changes or unless the Democrats say they want to come in, then there wouldn’t be a session. There would be no reason to continue negotiations.”

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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