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Pennsylvania launches iGaming bidding process

Pennsylvania launches iGaming bidding process

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January 3rd saw the Pennsylvania Gaming Control Board (PGCB) re-open its bidding process for iGaming operator licenses, with the period to petition the PGCB for permits running until March 3rd, 2023.

The regulator will accept petitions from those primarily operating in jurisdictions outside Pennsylvania who wish to seek approval to be ‘qualified gaming entities’ within one or more of the three categories of iGaming certificates that remain available.

The 12 remaining certificates, which will cost $4m each, are in the following three categories: three certificates for games that simulate slot machines; three certificates for bank table games which simulate casino table games played against the house and six certificates for non-bank table games (typically, poker).

All iGaming licenses are renewable every five years at a cost of $100,000 per permit. Gross revenue from online slots is subject to tax of 54%, while online table games and poker rakes are taxed at 16%.