Greenwood’s Parx was the highest bidder at the event with an $8.1 million winning offer. It earned its Category 4 satellite license in February 2018 during the Pennsylvania Gaming Control Board’s (PGCB) auction event. When considering annual gaming revenue, the company is currently the wealthiest casino in Pennsylvania. Greenwood-owned Parx Casino is located north of Bensalem’s downtown Philadelphia. The table games come with an additional $2.5 million fee and can be increased by ten extra games after its first year in operation.Ĭategory 2 properties do not have a limitation regarding the number of gaming positions they can acquire.

The former can be no more than 750 machines while the latter, a maximum amount of 30. The state has a set limit for the number of slot machines and table games a satellite brick-and-mortar venue can own. In Pennsylvania, Category 4 casinos are known as satellite properties which have ties to broader full-scale Category 2 licenses. The organization initially planned to spend around $65 million to transform the previous Lowe’s home improvement store into a Category 4 gaming venue. Parx Casino is owned and operated by a privately held company named Greenwood Gaming & Entertainment. Parx Casino’s website announced the schedule change of its 73,000-square-foot Pennsylvania gaming venue earlier this week. The Central Pennsylvania subsidiary of the casino operator was initially supposed to begin operations in November 2022 however, it faced some setbacks. The new Parx Casino branch located in Shippensburg Township, Pennsylvania, has pushed back its plans of opening by a few months.

Parx casino reopen