By The Weekly Edge desk ·
The PGCB approved a consent agreement with Stadium Casino RE, the operator of Live! Casino and Hotel Philadelphia, CDC Gaming reported. The casino will help fund a Philadelphia traffic project intended to improve local vehicle flow.
The agreement commits the casino to contributing towards a local traffic project.
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MGM's late licensing application drew a $50,250 penalty, while CountR agreed a $50,000 settlement over licensing violations.
The agreements impose payments on MGM Resorts International and CountR for licensing breaches in Pennsylvania.
MGM’s $50,250 penalty highlights the financial consequences of a late principal licensing application.
The renewal confirms Live! Casino Pittsburgh can continue operating under its renewed licence, while the exclusions bar the five people from casino gaming in Pennsylvania.
BetMGM’s revenue and adjusted EBITDA increased as the operator maintained expectations for the lower end of annual guidance.
BetMGM and MGM Resorts’ funding supports gambling research, state councils, the 1-800-GAMBLER helpline and the Evive Foundation.