There are plenty of updates regarding the State of
Pennsylvania's casino gambling industry to report. The most newsworthy has
been the Pennsylvania Gaming Control Board's decision to unanimously approve
regulations on slot machines, which specifically pertains to the manufacturers
and suppliers of the machines themselves. In conjunction with this
approval, the Gaming Board also approved three licenses for companies seeking to
supply slot machines to the blossoming casino gambling industry taking place in
the Commonwealth.
According to Act 71, all suppliers and
manufacturers of casino slot machines must be licensed for at least ninety days
before the Gaming Board will approve licenses for operating the very same slot
machines. According to Gaming Board Chairman, Tad Decker, the unanimous
approval of Act 71 is in keeping with the goals of the Gaming Board to begin
issuing the first Category 1 operators licenses, scheduled for September of this
year. Once the operator licenses are approved, it is nothing but "up" for
the Pennsylvania gambling industry.
Several casino operators are competing for one of
the several licenses forewarned for issuance. With several large-scale
casinos on the drawing board - some of which rival the best Las Vegas casino
resorts - most people are expecting Pennsylvania to become another hub for the
U.S. brick 'n mortar casino industry. Although not nearly as concentrated
as places like Atlantic City and Las Vegas, the Commonwealth is planning to
offer its fair share of casinos within state borders.
As for the suppliers of the slot machines,
twelve different licenses were also approved by the Pennsylvania Gaming Control
Board. As such, all of the licensee's are bound to the conditions and
rules set by the Pennsylvania Race Horse Development and Gaming Act. The motion
to do so marks a major achievement for Pennsylvania's gambling legislators and
promoters. With as many slot machines that are being permitted to be up
and running across the state, gambling revenue and taxes will be quite
favorable.