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Gambling in the USA

Three Additional Interactive Gaming Certificates Available for Qualified Gaming Entities

George Miller

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Three Additional Interactive Gaming Certificates Available for Qualified Gaming Entities
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The Pennsylvania Gaming Control Board announced that three additional interactive gaming certificates have become available following the withdrawal of an application for these games by a qualified Commonwealth casino.

The withdrawal, by the Rivers Casino in Pittsburgh, included requests to offer all three types of interactive gaming: peer-to-peer (poker games in which patrons play directly against each other); non-peer-to-peer simulating slot machines; and non-peer-to-peer simulating banked table games (wherein the patron plays against the house – e.g. blackjack). This results in a total of 10 certificates now available for Qualified Gaming Entities that wish to offer interactive gaming in the Commonwealth.

In an earlier process provided in Act 42 of 2017, the Commonwealth’s 13 slot machine licensees had the first opportunity to apply for and obtain the 39 available interactive gaming certificates (13 in each of the three types). That process ended with 32 of the certificates claimed with seven remaining for Qualified Gaming Entities. The withdrawal now leaves 10 available in a process in which Qualified Gaming Entities seeking these available certificates can file a petition with the Board beginning October 15, 2018 and ending October 31, 2018.

The number of now available certificates in each game type are:
4 – peer-to-peer simulating poker
3 – non-peer-to-peer simulating slot machines
3 – non-peer-to-peer simulating banked table games

The process and key dates for Qualified Gaming Entities to petition the Board remain the same and is outlined in a document that can be accessed in the Quick Links section of the agency’s website homepage, www.gamingcontrolboard.pa.gov, under the link “Notice: Interactive Gaming Qualified Gaming Entity Licensing Process.”

Statement from Rivers Casino Pittsburgh:

“Rivers Casino Pittsburgh intends to provide iGaming to Western Pennsylvania and the Commonwealth; however, we’re taking additional time to explore the various options for doing so. Rivers is actively pursuing a sports wagering certificate to offer both land-based and mobile sports betting.” – stated Jack Horner for Rivers Casino Pittsburgh.

 

About the Pennsylvania Gaming Control Board:

The Pennsylvania Gaming Control Board is tasked to oversee all aspects of the state’s casino industry, along with oversight of new gaming initiatives created through amendments to the Race Horse Development and Gaming Act recently approved by the signing of Act 42 of 2017.

The Commonwealth’s casino industry currently consists of 10 stand-alone and racetrack casinos in operation, along with the two smaller resort casinos.  These facilities collectively employ 17,000 people and annually generate approximately $1.4 billion in tax revenue from slot machine and table games play. The largest portion of that money is used for property tax reduction to all Pennsylvania homeowners.

Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at gamingcontrolboard.pa.gov. You can also follow the agency on Twitter by choosing @PAGamingControl.

 

Source: Pennsylvania Gaming Control Board

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Gambling in the USA

Bet.Works Appoints Jay Rood As Chief Risk Officer

George Miller

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Bet.Works Appoints Jay Rood As Chief Risk Officer
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Bet.WorksTM  a US-based iGaming and sportsbook platform supplier, announced today that Mr. Jay Rood has joined the company as Chief Risk Officer.

Mr. Rood is a legendary Las Vegas gaming executive and sports betting innovator with over 25 years of experience in sportsbook operations.

Mr. Rood has had a storied career in gaming and sports betting which began in Lake Tahoe working for Caesars back in 1992. 

Mr. Rood joined MGM when it opened in December 1993 as a ticket writer and worked for the operator for over 25 years ultimately overseeing all of MGM’s sportsbooks including ten in Nevada, two in Mississippi and one in New Jersey as the expansion of sports betting has swept across the USA following the PASPA repeal in 2018.

Mr. Rood joins Bet.Works at a pivotal moment in US sports betting history as more than 30 states are expected to legalize Sportsbooks over the next 12 24 months.

Sixteen states have already passed legislation as eight states are live with eight states pending launch. The US sports betting market is estimated by Morgan Stanley to be approximately $400 billion and is comprised of an estimated 44 million US citizens who wager annually. 

Bet.Works’ Founder/CEO, David Wang, said: I had the privilege of working with Jay in the past and his 25 years of sportsbook operations will help take the company to the next level.

“There is no one more qualified to lead our organization as we deploy in more states in the coming months. Jay and our in-house Las Vegas-based trading and risk team will oversee all of the brands on the Bet.Works platform with a significant emphasis into advanced in-play wagering via our technology platform.”  

Jay Rood, Chief Risk Officer at Bet.Works, said: “I am excited to be joining a group of extremely experienced and talented individuals at Bet.Works focusing on servicing the emerging sports betting industry with unique and powerful technology and a team that has extensive knowledge in the US betting market.

“David Wang’s vision and drive is contagious, and I believe he has positioned Bet.Works to be the provider of choice for gaming operators looking to enhance their offering to their guests.”

 

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Gambling in the USA

Iowa Racing and Gaming Commission Plans to Issue Sports Betting Regulations by July 1

Niji Narayan

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Iowa Racing and Gaming Commission Plans to Issue Sports Betting Regulations by July 1
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The Iowa Racing and Gaming Commission has revealed that it is working to develop rules for sports betting. Iowa became one of the latest states in the US to legalise sports betting after the Governor signed the bill into law in May.

Administrator Brian Ohorilko said that they are planning to upload the rules on their website by July 1. He added that the commission will hold a meeting on July 30 in West Des Moines to take action on sports betting and start accepting applications from casinos interested in offering sports betting services.

“The industry is requesting a pretty aggressive timetable to have things implemented by August. We’re doing everything we can to do that, but making sure that we’re doing it the right way,” Ohorilko added.

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Gambling in the USA

Penn Gets Licensing Approval from Pennsylvania Gaming Control Board

Niji Narayan

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Penn Gets Licensing Approval from Pennsylvania Gaming Control Board
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Penn National Gaming has secured licensing approval from the Pennsylvania Gaming Control Board. Penn will soon begin the construction on the Hollywood Casino Morgantown.

The development of Hollywood Casino Morgantown represents an overall investment of approximately $111m, inclusive of licence fees for the property’s slot machines and table games. The approximately 80,000sq.ft facility will feature 750 slot machines and 30 table games, with the ability to accommodate an additional 10 table games.

The facility is expected to generate approximately 250 new local jobs and more than 275 construction jobs.

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