The good? The Pennsylvania online casino bill is through the Senate. The bad? The tax rates. The ugly battle in the House is up next.
Rumors swirled that MGM’s $1.3 billion purchase of Sands Bethlehem was an all-but-done deal. Just like that though, the sale is now off the table.
Thanks to a stellar performance from table games, Pennsylvania casino revenues held steady in April despite slot machine decline.
As the Pennsylvania’s budget deficit hits the billion mark, the state really has to consider if regulated online casinos can turn things around.
Every year since it opened, Sands Bethlehem Casino has been fined for underage gambling violations, and 2017 is no exception.
Pennsylvania casino customers are already getting excited about the idea of MGM Resorts taking over Sands Bethlehem, but the sale could take six months.
Mount Airy Casino in Pennsylvania is launching a new social casino from Greenpro to go along with its existing real money online casino in New Jersey.
The proposed sale of Sands Bethlehem to MGM Resorts for $1.3 billion benefits both casino companies and could be a big win for the Lehigh Valley.
The 12 Pennsylvania casinos produced a record-high $3.2 billion in gaming revenue in 2016, pushing the state’s all-time gaming revenue past $25 billion.
The argument between local lawmakers and the Sands Bethlehem Resort about the divisive $10 million casino hosting fee is heating up as words are exchanged.