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Pennsylvania Online Gambling Updates
CRUNCH TIME FOR PENNSYLVANIA ONLINE GAMBLING (Update)
Limited window for legalisation bill when state legislature reopens on September 26.
Online gambling legalisation observers are again focussing on Pennsylvania ahead of the state legislatures return to business for just three days on September 26.
Our readers will recall that the much-amended House Bill 2150 has already been approved by the states House of Representatives and even included in next years budgeting calculations...but there are fears that opposition in the Senate could side-line the measure.
If that happens, the last chance saloon will be a six-day window in October, and when that expires its the end of the road for the proposal, at least for this year.
That means a new year with new lawmakers and possibly new chairmen of gaming oversight committees in the House and Senate and the possibility of having to start out all over again.
The bill contains several different types of gambling in addition to online legalisation, with its omnibus nature potentially complicating its continued passage through the Senate. The installation of slot machines at OTBs (off track betting venues) is one of the key issues.
Lawmakers supporting legalisation claim that opposition to the regulation and licensing of daily fantasy sports and e-gaming proposed in HB2150 is minimal and that these are issues that should be prioritised.
One of the attractions of e-gaming legalisation in this election year is that it could bring an additional $100 million in (already budgeted) fees and taxes to state coffers
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Gambling News :
Interwetten 2016 Earnings Results -
Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform
EU Online Gambling Tax Harmoney Dead -
Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.
Jack Lam Facing Big Fines in the Philippines -
It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.
PlaySugarHouse To Carry Konami Content -
Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.
ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
Tabcorp SunBets project -
The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
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