Le Lézard
Classified in: Tourism and vacations
Subject: STP

Bid for Fourth Category 4 Casino Auction Invalidated by PGCB; Announcement of Next Highest Bid to Take Place Tomorrow


HARRISBURG, Pa., Feb. 21, 2018 /PRNewswire-USNewswire/ -- The Pennsylvania Gaming Control Board's Executive Director Kevin O'Toole announced this afternoon that the location of the bid submitted today by Sands Bethworks Gaming, LLC for a Category 4 casino location intruded upon the reserved area of a previously secured Category 4 location held by Mount Airy #1, LLC.

Given that the location is non-conforming to Act 42's requirements, the bid has been therefore invalidated and Executive Director O'Toole will proceed to consider the award for the fourth Category 4 casino auction to the second and only other bidder, Greenwood Gaming and Entertainment, Inc.

Representatives of the Gaming Control Board will reconvene at 10:00 a.m. on Thursday, February 22, 2018 in its Harrisburg Public Hearing Room in Strawberry Square for the purpose of announcing the winning bid amount and opening the location affidavit envelope.

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 to the Race Horse Development and Gaming Act recently approved through 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 18,000 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 www.gamingcontrolboard.pa.gov. You can also follow the agency on Twitter by choosing @PAGamingControl.

CONTACTS:  Doug Harbach or Richard McGarvey
(717) 346-8321

SOURCE Pennsylvania Gaming Control Board


These press releases may also interest you

at 18:53
BRUCE SMITH ENTERPRISE AND THE CORDISH COMPANIES UNANIMOUSLY SELECTED BY CITY OF PETERSBURG TO CODEVELOP $1.4 BILLION TRANSFORMATIVE MIXED-USE DEVELOPMENT IN PETERSBURG, VIRGINIA
Live! Gaming & Entertainment District, Anchored by Live! Casino & Hotel Virginia, Will Set a New Standard for Development in the Commonwealth, Create Thousands of Jobs, Increase Tourism and Generate Billions in Economic Benefits Plans for the Project...

at 18:15
TWC Enterprises Limited Announces First Quarter 2024 Results and Eligible Dividend
Consolidated Financial Highlights (unaudited) (in thousands of dollars except per shareamounts)Three months endedMarch 31,2024March 31,2023Net loss(701)(8,051)Basic and diluted loss per share(0.03)(0.33) Operating Data  Three months...

at 17:34
Ontario International Airport Authority presents $32,000 to local USO in support of military servicemembers
The 2nd Annual 5K at the Runway at Ontario International Airport (ONT) raised more than $32,000 for the USO to help further the organization's support of military servicemembers traveling through the popular aviation gateway....

at 17:13
Ontario International Airport welcomes Mi Casa Cantina to its expanding lineup of food and beverage concessions
Ontario International Airport (ONT) on Thursday (April 25) celebrated the grand opening of its newest restaurant, Mi Casa Cantina, part of the popular Southern California airport's transformation of its food and beverage concessions in partnership...

at 16:30
Delta Air Lines Declares Quarterly Dividend
Delta Air Lines' Board of Directors today declared a quarterly dividend of $0.10 per share. The dividend is payable to shareholders of record as of the close of business on May 14, 2024, and will be paid on June 4, 2024....

at 16:24
LA Pride Unveils "Pride is Universal" LGBTQ+ Event at Universal Studios Hollywood on June 15
WHAT: LA Pride takes over Universal Studios Hollywood on Saturday, June 15 to present Pride is Universal, an exclusive theme park experience for guests of all ages to enjoy with friends and family. Tickets include...

More news about Tourism and vacations...


News published on and distributed by: