What effect the Pennsylvania Gaming Expansion will have on Atlantic City

The thought of Pennsylvania's Gaming expansion has the attention of the mid Atlantic region. The reasons are obvious. Operators within the Commonwealth will have additional options along with new competitors to choose from. Neighboring states like New York, Ohio and West Virginia will look harder at I Gaming as a way to keep their residents from coming to Pennsylvania for gaming related activities.

The effect on Atlantic City was considered minimal and not a major concern. We disagree with that premise. This is the same ideology that occurred in 2004 when gaming was legalized in Pennsylvania.That was the last major year before the decline of revenue at the shore. Imagine a gaming patron that goes to AC now that lives in Pennsylvania. The patron can't play online on a New Jersey site. The customer can play online from home. This will result in fewer trips to the Garden State. It will decrease the spend and affect the bottom line of the shore brick and mortar site.

Increase competition requires attention and strategy to maintain market share. Failing to plan is planning to fail!

If you want intelligent ways to prepare for your online experience as an operator or a player, you can reach out to us.

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Pennsylvania Gaming Expansion: Will Taxes limit Interest in Online Gaming?

Pennsylvania Gaming Expansion has an extremely high rate of taxation for I Gaming. While the rate for table games and fantasy sports are moderate and in the teens, the legislature took a more aggressive posture with slot play. The tax on slots for casino operators is at 54%. While this matches the amount that brick and mortar facilities pay presently, it is high for a online situation. The initial thought is that will diminish interest in the product. 

Our take is a resounding no. It is too large an upside not to take part of. We will share one creative way that intelligent operators can find success in the I Gaming world. Look at the compact agreement that Delaware, New Jersey and Nevada have. They can share players and increase liquidity. Imagine the entire Commonwealth of Pennsylvania added to such an agreement. The monetary upside would be worth the cost of investment.

If you want more shrewd ways to build your online experience as an operator or a player, you can reach out to us.

                                                #SmartResponsibleGaming
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                   Check out my app, Smart Responsible Gaming at thegamingguym.com/

G2E 2017 Instagram Photos

                                 Here are 6 people to follow as you reflect on the G2E 2017.

Shekinah Hoffman- UNLV

Jan Jones Blackhurst- Caesars Palace

David Purdum - ESPN

Donna Vecere - Cooper Levenson

Jay Jabczynski - Rush Street Gaming

Bo Bernhard-UNLV

Over the next three weeks, we will cover the different facets of the Pennsylvania gaming expansion in detail.This would be a good time to follow me on Twitter or download my Smart Responsible Gaming app.

                                                                 Stay informed!

                                                        #SmartResponsibleGaming
                         Follow us on Twitter, Facebook, Pinterest and Instagram for updates!
                         Check out our app, Smart Responsible Gaming at thegamingguym.com

Pennsylvania Gaming Expansion: How will it impact you

It is finally here. After over a year of debates and haggling, Pennsylvania passed their 2017 budget and included sweeping gaming legislation. They are the 4th state to have internet gaming. Pennsylvania also has extended the number of casinos allowable in the commonwealth. There can be up to 10 additional satellite casinos. The current operators will have the first bid to purchase one of these locations.

How will this impact you? The obvious is more job opportunities and positions that require middle management experience. This possibility is exciting to every gaming employee in the Mid Atlantic Region. Internet Gaming will change the entire landscape of how we do business.

We are excited and await 2018 with great anticipation. It will give us more to write about and increase the engagement with the audience. The expansion will challenge me professional to be more innovative and a stronger asset than I am presently. I encourage anyone that reads this to do the same.

Over the next three weeks, we will cover the different facets of the gaming expansion in detail.

This would be a good time to follow me on Twitter or download my Smart Responsible Gaming app.

                                                                 Stay informed!

                                                        #SmartResponsibleGaming
                         Follow us on Twitter, Facebook, Pinterest and Instagram for updates!
                         Check out our app, Smart Responsible Gaming at thegamingguym.com