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Pennsylvanian Online Gambling Bill Imminent

Sunday February 17,2013 : PENNSYLVANIA ONLINE GAMBLING BILL IMMINENT?
 
Rep. Tina Davis says she may introduce legalisation bill next week
 
Pennsylvanian Representative Tina Davis has confirmed speculation last week  that she is about to move on the introduction of an intrastate online gambling bill, perhaps as soon as next week.
 
Speaking to the publication TribLive, Rep. Davis said that the bill would go first to the state House, and acknowledged that it could face a tough passage in the Republican-controlled Legislature.
 
Davis' bill has been in preparation since last year, and she predicts that Pennsylvanians will be able to gamble online at some point.
 
Davis, whose district is home to the Parx casino near Philadelphia, pointed out that Pennsylvania has surpassed New Jersey as the country's No. 2 gambling state and says it must stay competitive.
 
“Considering the nationwide efforts to legalise Internet gaming, it is imperative that we maintain the integrity of our gaming industry amid inevitable federal pre-emption and competing states, as well as possible expansion of Internet games through the privatization of our own state lottery,” she said.
 
Davis noted that the Pennsylvanian Attorney General, Kathleen Kane, has questioned the appointment by Governor Tom Corbett of UK lottery operator Camelot to run the state lottery, but opined that this would not impact the timing of her online gambling initiative.
 
Initially, the Davis proposal would permit only online poker and blackjack in Pennsylvania, along with any variations of those games played in existing casinos.
 
“We tried to determine what the most popular types of online games there were out there, but we also didn't want to discourage folks from going to the [land] casinos,” she says. “We tried to strike a balance.”
 
Only companies that already hold Pennsylvania slot and table game licenses would be eligible for an online licence, according to the proposal. The online games would be run through the land casinos' websites, and the state Gaming Control Board would inspect and approve software and devices for online games, in the same way that it does with slot machines and table-game equipment at traditional casinos.
 
Before players could wager online, they would have to set up an account through one of the licensed facilities. Players would have to provide an active banking account to be linked with their gambling account; casinos would not be allowed to offer credit to online players. Players would have to sign an agreement prohibiting them from letting others use their accounts.
 
In-person registration will help guard against minors or gamblers on the state's self-exclusion list being able to access games online, Davis says.
 
The proposed cost of an online licence would be $16.5 million, the same as the table-game licence fee, and the state's tax rate would be 45 percent, according to Davis, although she expects that legislative debate could demand changes in both licensing fee and tax rate.
 
The state gets 55 percent of existing casino slot machine revenue in taxes; the state and local tax on table-game revenue totals 14 percent.
 
“There is an urgency to get this done, but I am not naive to believe that it will happen overnight,” Davis concluded.

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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.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

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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