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Casinos in Pennsylvania secure license renewals, one under close supervision

During their recent meeting, the Pennsylvania Gaming Control Board unanimously extended the permits for Presque Isle Downs and Hollywood Casino Morgantown. Granted was the renewal of Presque Isle Downs' license, despite concerns about its financial stability. Both establishments underwent...

Casino licensings in Pennsylvania approved, one with increased monitoring
Casino licensings in Pennsylvania approved, one with increased monitoring

Casinos in Pennsylvania secure license renewals, one under close supervision

Pennsylvania Gaming Control Board Renews Licenses for Presque Isle Downs and Hollywood Casino Morgantown

The Pennsylvania Gaming Control Board has renewed the licenses for Presque Isle Downs and Hollywood Casino Morgantown, despite concerns about the long-term sustainability of Presque Isle Downs.

Gary Hendricks, the former GM of Presque Isle Downs, expressed his concerns about the casino's financial sustainability in May. The casino, located about an hour from Cleveland and facing competition from New York casinos, may struggle due to the increasing popularity of skill games, which pose a significant threat.

No new information about public hearings related to the renewal process was provided. The licensing entities for Presque Isle Downs and Hollywood Casino Morgantown are Churchill Downs and Penn Entertainment, respectively.

Corey Sharp, who was named the GM of the casino after it was taken over by a new company, remains associated with PlayPennsylvania. His association with the company was not explicitly stated in the search results, but it was mentioned in the heading for context.

The renewal process for both properties included a hearing that was open to the public and another hearing in Harrisburg. No new information about the renewal process for either property or Hollywood Casino Morgantown's license was provided.

As for Hollywood Casino Morgantown, no new information about specific challenges faced by the casino was mentioned in the current paragraph. The casino, owned by Penn Entertainment, continues its operations under its renewed license.

The renewal of Presque Isle Downs' license, despite questions about its financial sustainability, means the casino will continue to operate, at least for the time being. The casino's management team, under Corey Sharp, will aim to address the challenges and find ways to ensure the casino's long-term success.

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