An investigation by the Pennsylvania Gaming Control Board (PGCB) into Valley Forge Casino Resort near King of Prussia, Pennsylvania has resulted in the house ’s operator, Valley Forge Convention Center Partners, LP, receiving a $50,000 fine for reportedly dispersing excess amounts of free slot game play.
Per PGCB regulation regarding free slot play, licensed facilities in the state are required to keep a record of workers who are authorized to issue free services like free play, in addition to limits on the entire amount that can be authorized.
It also found that the casino hotel located just beyond the town of Philadelphia said that supervisors had approved many of those 557 trades that were created but they had been recorded by workers that went outside their range of approval.
The Inquirer reports that the casino communicated that 170 of the venue’s customers received the free play in the over 500 transactions mentioned by the PGCB, also that the best 20 players received 80% of the money, signaling that they had been repeat customers who played at a high quantity.
The trades allegedly equates to less than 10% of the 5.2 million in free slots play that were given from the casino during 2015 and 2016.
The casino’s attorney, Michael D. Fabius, said, “We have absolute confidence that each one of those free-play trades was issued to some real client with a real business rationale,” as reported by The Inquirer.
Also fined on Wednesday were service providers such as Nevada-based gaming manufacturer and distributor, American Gaming Systems; Nevada-based provider of slot machines to Pennsylvania casinos, Ditronics Financial Services; and New Jersey-based Accredited Gaming Related Service Provider, In Bet Gaming, Inc., and fines totaling more than $480,000 were approved for the four different violations, in line with the PGCB.
Having opened on March 31, 2012, Valley Forge Casino Resort became the 11th casino to run within Pennsylvania and also the first in the state to be awarded a Category 3 license from the PGCB. Constructed for $130 million, Las Vegas-based Boyd Gaming Corporation (BYD:New York) agreed in December 2017 to purchase the Montgomery County venue for about $280.5 million. The PGCB declared the acquisition in April this year.
Southland Gaming & Racing Brings New Title and live table games
Nevada casino Earnings flat for February, tops $1B; sportsbooks View record handle
