
Pennsylvania Readying for Slots
Pennsylvania
is waiting this week to see what state regulators are going to do. It
is expected that they will be issuing five conditional slot machine
licenses to five racetracks; however, some are doubtful that it will
ever happen.
The state passed
into law the legalization of slot machines two years ago, but has yet
to issue any slot machine licenses. They say that they have been
making sure that all provisions have been made before they bring in
the slots. They would rather be cautious about the slot machines,
instead of heading up trouble after the slot machines are already in
place.
When and if they
do issue the slot machine licenses, they will be issuing five
initially, with a sixth slot machine license to possibly come in
October. Then, in December, they decide on permanent slot machine
licenses for those that have already been approved for the temporary
slot machine license. They also take a look at the 15 casino
developers who are vying for seven additional slot machine licenses,
with a 14th slot machine license going towards the winner
of a harness racing license.
Racetrack owners
are already spending millions getting themselves ready for the slot
machines to come in, now they just need the actual slot machines. The
state has approved a maximum of 61,000 slot machines, and if all are
brought in, it will give
Pennsylvania
the second largest amount of slot machines in the country – behind
Nevada.
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