Tavern Gaming Licenses Are Not a Winner
A few weeks ago, we wrote an article about the new Tavern Gaming License that is available to certain liquor licensees. As you could probably tell from the tone of our article, we were not enthusiastic about these licenses. Apparently, we weren’t the only ones as the Patriot News is reporting today that since January 27, the first day that applications could be accepted, only six have actually been submitted, two of which were incomplete. “Pa. expected thousands to want small games of chance licenses. Six do. That’s a problem.” Ouch! I did not expect a stampede of applications, but I also did not expect so few. Although the various agencies did a great job of presenting information about the new gaming licenses, the product they were trying to sell just doesn’t appear too appetizing. As the Patriot News (Penn Live) article suggests, the application requirements are onerous and the payoff isn’t that great. The article also suggests that members of the General Assembly are not very pleased with the roll-out of the gaming licenses, especially since they were anticipated to add millions to the state’s coffers. That’s a lot of raffle tickets for six bars to sell. Given the potential shortfall, it appears that the gaming licenses will get a second look and possibly some amendments, especially to ease the application process.