NEWS BRIEFS

Stay up to date on current News & Issues.

General News
Pennsylvania offers property tax/rent rebate program for seniors

Bucks County
Falls to discuss proposed sewer lateral ordinance

Chester County
County unemployment rate is so low, industries face a ‘labor shortage’

Delaware County
Upper Chichester meeting for Realtors®

Montgomery County
Reports point to ‘vibrant real estate market’ in Montgomery County

Philadelphia County
A thousand new homes are planned next to Graffiti Pier
 

 

Municipalities have six weeks to ban mini-casinos

Satellite casinos would have up to 750 slots, 40 table games

Mini-casinos are coming to Pennsylvania, and municipalities across the commonwealth have until the end of the year to decide whether to prohibit them within their borders.

On Oct. 30, Gov. Tom Wolf signed into law House Bill 271, a gambling expansion act that allows for up to 10 satellite casinos, each having between 300 and 750 slot machines and up to 40 table games. 

Ten of the state’s 12 existing casinos will be able to bid on licenses to open these "category 4" satellite casinos with slot machines, with minimum bids starting at $7.5 million. A table games certificate will cost the winning bidders an extra $2.5 million. The new casinos are already not allowed in certain places — within 25 miles of an existing casino owned by another company, or within a county that already has a category 3 resort casino, such as Montgomery County and its Valley Forge Casino Resort. 

While some municipalities may encourage mini-casinos to open in hopes of boosting the local economy, those who wish to prohibit the new casinos are on a tight deadline. Each municipality must pass a resolution banning the casinos and deliver it to the state Gaming Control Board by Dec. 31, 2017.

Municipalities that do so and later wish to allow the casinos may subsequently rescind their resolutions, but they may not change back again. For more information, visit the Pennsylvania Gaming Control Board website.

 
Flickr image  by Graeme Maclean (CC BY 2.0)

 

Posted by: Pete Kennedy on Monday, November 20, 2017 at 9:00:00 am
tags: 

Comments

Leave a Comment

Designed and delivered by Accrisoft