he Pennsylvania Gaming Control Board (PGCB) unanimously voted Wednesday to renew the Category 1 Racetrack Casino Operator's license of Greenwood Gaming and Entertainment, operator of the Parx Casino in Bucks County.
The seven-member Board determined that Greenwood Gaming and Entertainment, Inc. had fulfilled the obligations under its previously-approved casino operator's license and therefore qualified to have its license renewed for an additional five-year period.
The decision to renew the license was based on a process utilized by the Board that enables both the operator and the public to provide information relevant to the renewal decision. A Public Input Hearing was held on February 28 of this year in the casino's host municipality, Bensalem Township, where personnel of Parx Casino submitted exhibits and presented testimony on various aspects of the facility's operation since its last license renewal was granted in November 2014. The public was also permitted to provide testimony about the casino and its impact in the community.
In reaching its decision, the Board also received information from local government officials, community groups and the PA State Police, along with the Gaming Control Board's Office of Enforcement Counsel, Bureau of Investigations and Enforcement, Office of Compulsive and Problem Gaming, and Bureau of Casino Compliance.
Additionally, a public hearing was held in Harrisburg yesterday to allow Board members to further question Greenwood Gaming and Entertainment representatives about any remaining issues prior to voting on the renewal. (See a presentation provided at the board meeting.)
Since its opening in December 2006, Parx has generated USD 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 USD 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.