Parx Casino gets casino license renewed; Pennsylvania Gaming Control Board approves fines on casinos

Parx Casino gets casino license renewed; Pennsylvania Gaming Control Board approves fines on casinos

Greenwood Gaming and Entertainment, LLC. has been granted a renewal of its Category 1 casino operator’s license by the Pennsylvania Gaming Control Board.

Parx Casino gets casino license renewed; Pennsylvania Gaming Control Board approves fines on casinosAll seven members of the Board unanimously voted to give the Parx Casino in Bucks County a three-year license renewal after determining that the operator had “fulfilled all of its obligations under its initial casino operator’s license.”

Since its opening in December 2006 to the end of October 2014, Parx Casino has generated more than $3.3 billion in gross revenue from slot machines and table games, resulting in a return to the Commonwealth of approximately $1.65 billion in gaming tax revenue. The facility employs over 1,800 persons.

The Board also approved three consent agreements to fine both the Valley Forge Casino and the Hollywood Casino a total of $210,218.

Valley Forge Casino Resort operator Valley Forge Convention Partners, LP was fined $150,000 after it was determined that the casino mishandled its own promotions. The casino was also slapped with an undisclosed fine for allowing underage persons to gamble inside its casino floor.

The Mountainview Thoroughbred Association, operator of the Hollywood Casino at Penn National Race Course, was also fined $10,218 for signing off on the installation of an ATM on its casino floor for a period of 10 months, a violation of the state’s Gaming Act that prohibits the placement of any credit card advance machines on the casino floor. The exact amount to the fine represented the amount of fees the casino earned while the ATM was on its casino floor.