Bally’s Approved to Launch iGaming Applications in Pennsylvania,

Rhode Island-based gaming operator, Bally’s Corporation has received approval from Pennsylvania gaming regulators to run online casino games in the state. Although Bally’s does not currently own or operate a brick-and-mortar casino in Pennsylvania, the state’s decision will allow Bally’s to offer online slots and online table games. Pennsylvania is home to 17 land-based casinos, and the Pennsylvania Gaming Control Board (PGCB) opened up its iGaming market to entities that don’t have a physical footprint in the state in December. Bally’s has been the only buyer for the PGCB’s iGaming opportunities since the bidding opened at the end of 2022. Bally’s is planning to build a casino in State College near Penn State University, therefore, the gaming operator decided to seek online gaming privileges while its legal case for State College continues to play out. Pennsylvania’s brick-and-mortar gaming licensees had to pay only $1 million for the three online gaming verticals, but each vertical for entities that aren’t licensed comes with a $4 million licensing fee, and Bally’s must pay Pennsylvania $8 million for the online privileges. The Cordish Companies is legally contesting Bally’s Category 4 casino application, but Bally’s is moving forward with iGaming in the interim at a significantly higher cost than it would need to pay as a land-based applicant. The PGCB also signed off on $60k in fines related to iGaming, including a fine for a land-based casino allowing individuals enrolled in the state’s iGaming Self-Exclusion program to gamble online with its iGaming partner.