Under the Pennsylvania State’s auctions, Penn National has been granted permission to operate a casino.
US.- The Pennsylvania Gaming Control Board announced yesterday the winning of first auction on casino license, granting the local company Penn National Gaming the permission to operate a gaming salon near Pennsylvania’s southern border. The winning bid was introduced and selected, according to the official press.
Local gaming authorities will continue will auctions this week.The minimum bid is US$7.5 million to operate up to 750 slot machines, making US$50 million an eye-popping amount. The winning bidder had until yesterday to turn over the money and then six months to inform the agency the exact location of the mini-casino. The winner can submit another US$2.5 million for a table-game license.
Nine more auctions, with one winner announced at each, will be held from January 24 to May 16.he state budget assumes all 10 mini-casino and table-game licenses will be sold, generating US$100 million in tax revenue.
“The casino would go inside a 30-mile circle that includes the city of York and is bisected by Interstate 83, which connects to Baltimore, 30 miles south of Pennsylvania. The center of the circle is the borough of Yoe, about 10 miles from the Maryland border,” revealed the official statement.