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PGCB awards Category 4 license to Berks County18 June 2019(PRESS RELEASE) -- The Pennsylvania Gaming Control Board today voted unanimously to award a license to Mountainview Thoroughbred Racing Association, LLC. The award concludes a process the Board began on 4 April 2018 when Mountainview Thoroughbred Racing Association secured a 15-mile radius area in which it could locate a casino with a winning bid of $7,500,003 at the fifth Category 4 auction held by the Board. They filed an application with the Board on 31 October 2018 to locate the facility just off the Morgantown exit of the Pennsylvania Turnpike. Subsequently, the Board conducted an in-depth background investigation of the application along with the collection of public input from citizens, community groups and public officials at a hearing held in Caervarnon Township on 4 March of this year. Today, prior to its vote, the Board held a final licensing hearing in which representatives of Mountainview Thoroughbred Racing were questioned by Board members about the project. A Category 4 Slot Machine License permits the entity to operate between 300 and 750 slot machines. The entity could also petition for permission to initially operate up to 30 table games for an additional fee of $2.5 million with the capability of adding an additional 10 tables games after its first year of operation. According to information presented today to the Board, Hollywood Casino Morgantown will offer:
The approval of the project followed a hearing held today in Harrisburg in which Board members were provided an update and asked questions of the representatives of Mountainview Thoroughbred Racing Association. |