The Pennsylvania Gaming
Control Board today published on its Web site the ownership stakes of
applicants for gaming licenses in the Commonwealth, Chairman Tad Decker
said.
"We made this information available to the public to supplement our
comprehensive list of 1,200 companies and individuals that have applied for
licenses," Decker said. "We will continue to update it regularly as we
learn more about the companies and individuals who have applied for
licenses in the Commonwealth.
"The Board will continue to balance its obligation to follow the strict
confidentiality requirements of the Gaming Act with its obligation to
conduct an open and transparent licensing process," Decker added. "This
will ensure that the public has confidence in the
gaming industry and in
the agency that oversees this industry."
The information released today is part of a regular update of applicant
information made available to the public by the Board. The Gaming Control
Board first published its comprehensive list of applicants - which includes
owners, officers, directors and other key employees who may not be owners
-- in January 2006 and has updated this list routinely since then. Even
after gaming licenses are awarded, the Gaming Control Board will continue
to update and supplement its lists.
The Gaming Control Board is on track to award the first gaming licenses
- to operators of gaming facilities at horse-racing tracks -- on Sept. 27,
2006. It expects to award all permanent gaming licenses in December 2006.
Under the Race Horse Development and Gaming Act, also known as Act 71
of 2004, the Board is responsible for licensing 14 gaming facilities across
the state. Pursuant to the Act, the Board has jurisdiction over every
aspect of the authorization and o
2006-08-22