Parx Casino obtains licence renewal
The local regulator approved the renewal of the casino licence of Parx Casino, located in Buck County.
US.- The Pennsylvania Gaming Control Board (PGCB) unanimously voted on Wednesday to renew the Category 1 Racetrack Casino Operator’s licence of Greenwood Gaming and Entertainment, Inc., operator of the Parx Casino in Bucks County.
The renewal was approved by seven members of the board, who determined that Greenwood Gaming had fulfilled the obligations under its previously-approved casino operator’s licence. The PGCB said that in consequence, it qualified to have its licence renewed for an additional five-year period.
The decision to renew the licence was based on a process utilised by the PGCB that enables both the operator and the public to provide information relevant to the renewal decision. A Public Input Hearing took place on February 28 in the casino’s host municipality, Bensalem Township. During that hearing, personnel of Parx Casino submitted exhibits and presented testimony on various aspects of the facility’s operation since its last licence renewal given in November 2014.
The public also provided testimony about the casino and its impact on the community. It also allowed PGCB members to further question Greenwood Gaming and Entertainment, Inc. representatives about any remaining issues prior to voting on the renewal.
“Since its opening in December 2006, Parx has generated US$5.8 billion in gross revenue from the play of slot machines, table games and sports wagering resulting in a return to the Commonwealth of approximately US$2.68 billion in gaming tax revenue. Parx Casino currently operates 3,200 slot machines, 198 table games, and three sport wagering facilities, while employing nearly 2,300 persons,” said the PGCB.
