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Details on Pennsylvania Internet gambling plan
Thursday, January 31, 2013 : MORE DETAIL ON PENNSYLVANIA PLAN FOR INTERNET GAMBLING (Update)
But it could be an expensive licence...
Our readers may recall an advisory in October last year in which Pennsylvania Representative Tina Davis co-sponsored a bill to close a loophole in the state's gambling law by prohibiting Internet sweepstakes cafés, at the same time floating the idea of an entry into the online gambling sector.
The issue surfaced again last week in a memo dated January 25 2013 at: http://www.legis.state.pa.us/cfdocs/...cosponId=11316, which reprised the advisory with interesting detail on Davis' proposal to amend the Pennsylvania Gaming Act.
Davis stresses the need for action, bearing in mind that neighbouring states like New Jersey and Delaware have already achieved legislative approval for online gambling legalisation initiatives.
If Pennsylvania is to maintain its position as the second biggest gambling revenues generator in the USA, it needs to stay ahead of the innovation curve, she opines.
She suggests that the state Gaming Control Board would be responsible for both regulation and licensing, which will not come cheaply.
Her proposal punts a licensing application fee of $16.7 million, and seeks to establish a "reasonable tax rate that takes into account overhead and cost of operation for the casinos."
The proceeds from internet gaming would be split between the Pennsylvania Property Tax Relief Fund and the State Lottery Fund.
"Considering the nationwide efforts to legalize internet gaming, it is imperative that we maintain the integrity of our gaming industry amid inevitable federal preemption and competing states, as well as possible expansion of internet games through the privatization of our own State Lottery," Davis concludes.
"A responsible internet gaming system must be created in order to protect Pennsylvanians and the success of the established gaming industry in the Commonwealth, which has generated more than $7 billion in state tax revenue, and created more than 16,000 jobs statewide."
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgaming’s customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sunday’s 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at –115.
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