as many as 10 satellite casinos<\/a>, but bidding stalled after just five auctions were completed. Regardless, the government is still making out on the deal.<\/p>\nWith a Republican legislature unwilling to raise taxes, and an underfunded state budget, the General Assembly and Democratic Governor Tom Wolf signed off on the satellites, online gambling, truck stop slots, airport gambling lounges, daily fantasy sports, and sports betting. The goal is to bring in new sources of revenue.<\/p>\n
The five satellites delivered $119.5 million in licensing fees alone. The state assumed $100 million in the expansion legislation. Each satellite will still need to pay an additional $7.5 million add-on for table games.<\/strong><\/span><\/p>\nThe PGCB additionally revealed last week that nine land-based casino licensees filed for online gambling permits at a cost of $10 million each. While the state hasn’t received any bidders for sports betting due to what’s viewed as an exorbitant upfront fee ($10 million) and excessive tax rate (36 percent), the government is still collecting tens of millions of dollars from the legislation.<\/p>\n
Wolf announced earlier this month that for the first time in nearly a decade, the government was making a deposit to its rainy day fund.\u00a0 \u00a0\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"A so-called “satellite casino” might be on the way to the Westmoreland Mall in Western Pennsylvania should state regulators sign off on plans submitted by Stadium Casino LLC. Pennsylvania authorized up to 10 Category 4 satellite casinos with 750 slot machines and 30 table games each last fall in part of a massive gambling expansion […]<\/p>\n","protected":false},"author":25,"featured_media":84612,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,13,18],"tags":[],"acf":[],"yoast_head":"\n
Pennsylvania Satellite Casino Coming to Westmoreland Mall<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n