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Pennsylvania Internet Gambling Tax Rate Reduces
Saturday March 9,2013 : TAX RATE REDUCED IN PENNSYLVANIAN INTERNET GAMBLING PROPOSAL (Update)
And a Republican politician plans a counter-attack
Pennsylvanian lawmaker Tina Davis, who reportedly intends to launch an online gambling legalisation bill in the state legislature next week, has amended the high taxation rates originally proposed in her bill following feedback on its provisions (and presumably to de-fang as much opposition as she can).
The heavy licensing fee of $16.5 million has been reduced to $10 million, and the exorbitant tax rate of 45 percent slashed to just 20 percent.
Provision for interstate compacts has been omitted in order to commercially protect the flourishing gambling business in the state, currently second only to Nevada in US revenues.
That anti-competitive spirit persists in provisions which restrict online licensing to existing (land) slot machine and table-game licensees in the state - in other words the land casino operators.
Davis will probably launch her bill through the House Gaming Oversight Committee, but there is little appetite for gambling proposals among the Republicans who control the House, and one politician from that party, Rep. Paul Clymer, has already indicated that he intends to launch a counter-proposal specifically outlawing internet gambling in Pennsylvania.
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 Microgamingís 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 Sundayís 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 Ė115.
Fair Play Bets and QuickFire in Deal -
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