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GM of Mount Airy Casino Resort says internet gambling Will be good for state
Sunday June 21,2015 : PENNSYLVANIAN LAND CASINO EXEC SPEAKS UP FOR LEGALISED ONLINE GAMBLING
GM of Mount Airy Casino Resort says internet gambling will open up a new revenue stream.
John Culetsu, general manager of the land-based Mount Airy Casino Resort in Pennsylvania, has spoken up for online gambling as debate on the possibilities continues to thrive in the eastern state.
Legalised online gambling would attract new and younger visitors to the state’s casinos, creating a much needed fresh revenue stream, he said this week.
Culetsu was less enthusiastic about another proposal doing the political rounds in Pennsylvania, opining that a plan to permit land casinos to open satellite locations with no more than 250 slot machines each would have a negative effect on the revenue the main properties generate, and would not increase the state's take.
The satellite facilities language is part of a casino bill that is currently being reviewed by the Pennsylvania Legislature.
The proposed legislation would allow Pennsylvania’s brick-and-mortar casinos to open up to two new satellites each at land locations of their choice, with no more than 5,000 slot machines permitted for any one operator, including satellites.
Any satellite should be within 20 miles of another gambling facility, unless officials of the two properties agree otherwise.
The satellite proposal would see each main operator paying a $5-million fee to open each satellite.
Revenue at Pennsylvania’s twelve land casinos amounted to $278 million in May this year, up 1 percent year-on-year. Slot machine revenue increased 0.18 percent year-on-year to reach $211.2 million in May.
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4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
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Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
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