Bally’s Continues iGaming & Casino Expansion with Satellite Deal in Pennsylvania
Pencil in Bally’s as the newest player in Pennsylvania with construction of a new casino
Timing follows PA’s casino reopening and enthusiasm for online wagering in the state
The Bally’s name is recognized and will grow with rebranding & US expansion in 2021
Timed with the January 4 reopening for casinos in Pennsylvania due to COVID-19, there is a report of a new mini-casino coming to the center of the state.
Bally’s Corporation (NYSE: BALY) announced that it has signed a framework agreement with local PA businessman Ira Lubert to jointly design, develop, construct and manage a Category 4 licensed casino. The Pennsylvania Gaming Control Board recently awarded Lubert the right to apply for a Category 4 slot machine license for a casino to be located within a 15-mile radius of Unionville Borough, Centre County, Pennsylvania, near the Penn State main campus.
Wed January 06, 2021 - Northeast Edition
FanNation
Bally s Corporation plans to build a $120 million casino, which will include sports-betting facilities, near Penn State University in State College, partnering on the project with former university trustee Ira Lubert.
Bally s announced the project Jan. 4, calling it a Category 4 casino that will feature 30 table games, up to 750 slot machines and retail sports betting. The company said the casino will be located near the Nittany Mall, located approximately 4 mi. from the Penn State campus.
Construction is scheduled to begin in the first half of 2021 and take one year, the company said in a statement. It will be the first Bally s casino in Pennsylvania. The company owns or manages 11 properties and is in the process of acquiring three more.
Since early this year, we collectively have invested tens of millions of dollars to modify our properties and train employees on protocols that were mandated by the Governor’s Office, the Department of Health and the Pennsylvania Gaming Control Board.
By Eric Hausler
As the CEO of Parx Casino, a major employer and economic driver in Bucks County and the region, I am proud of the work we have done throughout this pandemic to help keep employees and guests safe.
We have invested millions of dollars to make changes to our facility and to train employees on how to enforce the protocols that have been mandated by the state Department of Health. The fact is we have exceeded these mandates in our effort to keep employees and guests safe. Despite these efforts, Parx has been closed since Dec. 12, along with the state’s other 13 casinos as a result of the latest COVID-19 mitigation measures ordered by Gov. Tom Wolf. These orders allow the state’s casinos to reopen on Jan. 4 at 8 a.m. In every state surrounding Pennsylvania, casinos are still operating.
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