The latest round of Pennsylvania online gaming license applications saw two powerhouses in New Jersey’s online market looking to cross the border and expand their online offerings.
Golden Nugget is seeking to gain a slots license and a table games license at a cost of $4 million each. MGM is seeking licenses for both as well as a license for online poker.
Golden Nugget operates the leading online casino sites in new Jersey including a partnership with Pennsylvania’s Sugar House casino. It is also partnered in the state with Betfair. The three sites have taken in nearly $76 million in revenue this year.
There had been speculation that Golden Nugget would opt to enter the market through its partnership with Sugar House, but it has instead moved for its own licensing.
MGM operates the Borgata casino in Atlantic City and has recently struck several major deals to expand its sports betting options in the U.S., including with the NBA and NHL. It has also partnered with Boyd Gaming, which owns the Valley Forge casino in Pennsylvania.
The Pennsylvania Gaming Control Board will now take review the applications.
