NetEnt submits app for Pennsylvania gaming license

Premium supplier of digitally distributed gaming systems, NetEnt (NETB:Stockholm), has submitted an application to the Pennsylvania Gaming Control Board for a license to supply its award-winning online casino games to operators in the state.

The legalization of online gaming for players in Pennsylvania reportedly came after Governor, Tom Wolf (pictured below), signed wide-ranging gaming legislation into law in October 2017.

Land-based partnerships:

According to the official press release, the Swedish casino specialist is now looking to engage with the Keystone State’s brick-and-mortar casinos, which are currently working to develop their iGaming offerings.

In July, American casino operator, Rush Street Gaming, became the latest to apply for a Pennsylvania iGaming license, following the likes of Penn National Gaming Incorporated, Greenwood Gaming and Entertainment Incorporated, Stadium Casino, Mount Airy Casino Resort,  Parx Casino and the under-construction Live! Hotel and Casino in paying a $10 million fee in order to apply for one of the state’s licenses ahead of the July 16 deadline.

iGaming licenses secured:

Licenses to offer tables games and slots have been secured by eleven of the states thirteen casinos, with each permitted to partner iGaming suppliers to power their offering.

Managing Director, NetEnt Americas LLC, a US subsidiary of NetEnt AB (publ), Erik Nyman, commented…

7BALL CX “We are excited to continue our strategic expansion in the US. We have enjoyed success in New Jersey and believe that this will continue in Pennsylvania. We will launch with a mix of our table games, video slots, jackpot games and unique features like free spins that have been greatly appreciated by our customers and their players. Our ambition is to be live in Pennsylvania as soon as the market opens.”

In other Pennsylvania news, Boyd Gaming Corporation (NYSE: BYD) recently announced that it has completed its acquisition of Valley Forge Casino Resort in King of Prussia, Pennsylvania. The gaming and hospitality company’s first property in the Keystone State, Valley Forge is located some 20 miles northwest of central Philadelphia.

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