MGM throws cap in ring for Pennsylvania online operation

Pennsylvania-online-MGM, USA
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MGM Resorts has submitted an application for one of ten remaining online gambling licences in Pennsylvania.

With 29 licences already filled, the Las-Vegas based operator applied as a qualified gaming entity, submitting to a vetting process by the Pennsylvania Gambling Control Board to assess its suitability.
Entrants will then be randomly selected by the PGCB, before being allocated time to prepare a full application for the $10m online poker, slots, and table game licence bundle, or the $4m licence to operate individual verticals.
Tax figures for the state’s online sector currently stand at 54 percent of slot revenue and 16 percent on poker and table games, significantly higher than its neighbour New Jersey, which operates a 17.5 percent rate, and capped licences at $400,000.
However, the licenses are still seemingly in demand, with Parx Casino, Sands Bethlehem, SugarHouse Casino, and Valley Forge all registered applicants alongside MGM.

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