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PENNSYLVANIA ONLINE GAMBLING BILL IS FOR POKER ONLY
Saturday February 28,2015 : PENNSYLVANIA ONLINE GAMBLING BILL IS FOR POKER ONLY (Update)
Full details of HB649 now available.
Full details on Representative John Payne's HB649 proposal to legalise online gambling within Pennsylvania's borders have now become available, and the disappointing news is that the measure covers only the legalisation of online poker.
The full text of the Payne proposal can be accessed here:
Confining the scope of the bill to online poker throws into question the validity of Payne's pre-release claims that legalisation will generate revenue of $120 million in the first year, rising exponentially thereafter, if the performance of other legalising states like New Jersey is taken into account.
Other features of the bill as reported Thursday morning are confirmed, but additionally observers have noted that the bill contains no "bad actor" restrictions, which is a positive development (so far). However, licensing is to be confined to existing holders of land gambling licenses in the state as previously reported.
There is provision for player pool sharing agreements with like-minded US states, and the minimum player age has been set at 21 years.
Rep. Payne has also set his sights on internet cafe "sweepstakes" style gambling, including in his measure provisions against owners offering gaming services, with stiff penalties attached.
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Gambling News :
FanDuel adds English Premier League action -
Daily fantasy sports operator FanDuel, which is now additionally active in the UK market, has announced the inclusion on its roster of English Premier League action, with associated contests scheduled for roll-out next week.
Coral Q4-2016 earnings reports -
Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.
Unibet in cooperation with -
Online gambling operator Unibet Group has signed a cooperation agreement with the FIFA subsidiary Early Warning System GmbH (EWS).
Kiron Interactive in deal with Digitain -
The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain.
GLOBAL SPORTS BETTING WORTH $253.3 BILLION BY 2020 -
Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”
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