Five casinos have got their licenses renewed by the West Virginia Lottery Commission.
The Mountaineer Casino in Chester, Hollywood Casino at Charles Town, Wheeling Island Casino, Mardi Gras Casino in Cross Lanes, and the Casino Club at The Greenbrier – all have paid their annual license fee.
The license renewal process involved voting on individual casinos followed by updates on the financial position of the casinos from an independent auditing firm.
In his statement to the West Virginia Metro News, state Lottery Director John Myers said that “All casino licenses were paid. All of the license fees were paid.”
The annual licensing fee is $2.5 million for Mountaineer Casino in Chester, Hollywood Casino at Charles Town, Wheeling Island Casino and Mardi Gras Casino in Cross Lanes. The Casino Club at The Greenbrier’s fee is calculated on a per year basis.
The independent auditing firm submitted its report to the Lottery Commission; however, the reports were not made public. According to the reports, all the casinos had a sound financial position, at least to the extent that it did not find anything drastically concerning.
Lottery Director Myers also confirmed that there’s been no significant movement in the development of sports betting app by the casinos and their vendors.