{"id":7319,"date":"2018-05-30T21:22:46","date_gmt":"2018-05-30T21:22:46","guid":{"rendered":"https:\/\/www.pokerscout.com\/?p=7319"},"modified":"2018-05-31T16:21:03","modified_gmt":"2018-05-31T16:21:03","slug":"pgcb-temporary-sports-betting-regs-appear-to-leave-mini-casinos-high-and-dry","status":"publish","type":"post","link":"https:\/\/www.pokerscout.com\/pgcb-temporary-sports-betting-regs-appear-to-leave-mini-casinos-high-and-dry\/","title":{"rendered":"PGCB Temporary Sports Betting Regs Appear To Leave Mini-Casinos High And Dry"},"content":{"rendered":"<p>The <strong>Pennsylvania Gaming Control Board<\/strong> (PGCB) took its first big step towards regulating <strong>sports betting<\/strong> on Wednesday. The group drafted and approved temporary sports betting regulations for the Keystone State.<\/p>\n<p>Why does the state need temporary regulations?<\/p>\n<p>Well, the main purpose they serve is to give casinos a framework to work off of as they put together <strong>sports betting applications<\/strong>. Category 1-3 casinos are eligible to apply for the <strong>$10 million Sports Betting Certificate<\/strong>. Additionally, interested casino groups can also apply for the<strong> interactive license<\/strong> that allows for mobile sports betting.<\/p>\n<h2><span id=\"what_are_in_the_temp_sports_betting_regulations\">What are in the temp sports betting regulations?<\/span><\/h2>\n<p>The temporary regulations mostly feature broad strokes about the sports betting industry. <strong>PlayPennsylvania<\/strong> posted the complete regulations online. You can read them <strong>here<\/strong>.<\/p>\n<p>To be honest, there is<strong> not much to see<\/strong>. The regulations are generally pretty vague. The document outlines some key definitions and what is necessary for an application. That is about it.<\/p>\n<p>Reading through the regulations though, there can be some reading between the lines. For example, the $10 million fee and the<strong> 34 percent tax rate<\/strong> are not explicitly mentioned. While it is not a given those numbers will change in the future, leaving them open to interpretation potentially gives the law some <strong>wiggle room<\/strong>.<\/p>\n<h2><span id=\"do_temp_regs_leave_mini-casinos_out_in_the_cold\">Do temp regs leave mini-casinos out in the cold?<\/span><\/h2>\n<p>Another interesting observation from the regulations is<strong> where<\/strong> sports betting facilities can be located. Per the temporary rules, these facilities need to be<strong> physically connected to the area\u2019s gaming floor<\/strong>. There is an exception for Category 1<strong> racinos<\/strong> though. These racinos can locate their sports betting facilities <strong>at the track<\/strong> itself, pending approval\u00a0from PGCB and the Racing Commission.<\/p>\n<p>What does not seem to get an exemption is <strong>mini-casinos<\/strong>. For the past few months, it has been up for debate whether or not these new Category 4 casinos could serve as sports betting facilities. Given the stipulation about being physically located on property\u00a0and next to the gaming floor, it seems, at least for now, like satellite casinos will<strong> only<\/strong> have slots and table games.<\/p>\n<h2><span id=\"what_is_the_next_step_to_launch_sports_betting\">What is the next step to launch sports betting?<\/span><\/h2>\n<p>Now that the regs are posted and approved by PGCB, the next big step will be<strong> applications<\/strong>. The properties get a head start assembling their applications based on these regulations. However, the official application packets are<strong> not available just yet<\/strong>.<\/p>\n<p>Expect PGCB to release the official applications shortly. Once a property turns in an application, PGCB has<strong> 120 days<\/strong> to evaluate it, including running all the requisite background checks.<\/p>\n<p>Pennsylvania and Mississippi are currently the <strong>only states<\/strong> with temporary regulations. Other states have laws in place to potentially offer sports betting. For now, at least, Pennsylvania is a bit ahead of the field in terms of progress. The head start is nice, but <a href=\"http:\/\/www.pennlive.com\/news\/2018\/05\/pa_gaming_control_board_starts.html\"><strong>PennLive<\/strong> reports<\/a> the PGCB is<strong> not committing to any sort of timeline<\/strong> for sports betting.<\/p>\n<p>The hope is certainly to be ready to go in<strong> August<\/strong> in time for football season. At this pace, that is certainly possible. However, considering how slow going some other elements of gambling expansion has been so far, <strong>nothing is a given<\/strong>.<\/p>\n<p>The post PGCB Temporary Sports Betting Regs Appear To Leave Mini-Casinos High And Dry appeared first on Play Pennsylvania.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Pennsylvania Gaming Control Board (PGCB) took its first big step towards regulating sports betting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"link","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","vebbtech_seo_disable_yoast":false,"vebbtech_seo_hide_author":false,"vebbtech_seo_hide_date":false,"vebbtech_seo_hide_factchecker":false,"vebbtech_seo_fact_check_enabled":false,"vebbtech_seo_post_reviewer":0,"vebbtech_seo_post_review_date":"","footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-7319","1":"post","2":"type-post","3":"status-publish","4":"format-link","6":"category-news-category","7":"post_format-post-format-link"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PGCB Temporary Sports Betting Regs Appear To Leave Mini-Casinos High And Dry -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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