In a unanimous decision, the Pennsylvania Gaming Control Board has extended the Category 2 stand-alone casino license of Sugarhouse HSP Gaming, LP, the operator behind Rivers Casino Philadelphia, for an additional five years. This renewal comes as a result of the operator’s commitment to its obligations under the previously approved casino operator’s license. Rivers Casino Philadelphia, a prominent player in the Pennsylvania gaming scene, boasts 1,522 slot machines, 136 table games, and a dedicated workforce of 1,138 employees.
License Renewal Unanimously Approved
The unanimous vote by the board signifies their confidence in Sugarhouse HSP Gaming, LP’s ability to adhere to the stipulated terms and conditions for the renewal of their casino permit. This decision is a testament to the casino’s responsible and ethical operation within the gaming industry.
Thorough Evaluation Process
The Gaming Control Board conducted a comprehensive evaluation of the operator’s performance and commitment to its licensing obligations. This evaluation process involved input from various stakeholders, including local government officials, community groups, and the Pennsylvania State Police. Furthermore, several departments within the Gaming Control Board, such as the Office of Enforcement Counsel, Bureau of Investigations and Enforcement, Office of Compulsive and Problem Gaming, and Bureau of Casino Compliance, were involved in this assessment.
Transparency through Public Hearing
Prior to reaching this decision, a public hearing took place in Harrisburg to provide a platform for board members to address any concerns or queries. The public hearing exemplified the commitment to transparency in the regulatory process, ensuring that the interests of all stakeholders, including the community and state, are duly considered.
Rivers Casino Philadelphia’s Contribution
Since its grand opening in September 2010, Rivers Casino Philadelphia has made a significant impact on the Pennsylvania gaming landscape. With $4.47 billion in gross revenue generated during its tenure, the casino has proven to be an economic driver for the region. The facility offers a diverse range of entertainment options, including retail slot machines, table games, sports wagering, and iGaming.
A Boon for State Revenue
Rivers Casino Philadelphia’s operations have not only enriched the entertainment options available to the public but have also significantly benefited the state’s coffers. The casino’s success has translated into over $1.94 billion in tax revenue collected by the state. This revenue, in turn, supports various essential public services and community initiatives, making it a win-win for both the gaming industry and the people of Pennsylvania.
The unanimous renewal of Rivers Casino Philadelphia’s license is a testament to its commitment to responsible gaming and adherence to the highest industry standards. As the casino embarks on its next five-year journey, it is poised to continue contributing to the economic vitality of the region and providing world-class entertainment to its patrons. The Pennsylvania Gaming Control Board’s decision reaffirms the state’s commitment to a well-regulated and thriving gaming industry.