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Report On Future of Pennsylvania Online Gambling
Friday March 14,2014 : ONLINE GAMBLING'S FUTURE IN PENNSYLVANIA THE FOCUS NEXT WEEK
Study of online gambling implications due to be submitted to state Senate Legislative Budget and Finance Committee.
The possibility of legalised online gambling in the state of Pennsylvania will be under the spotlight on Wednesday next week when a commission tasked by the state Senate Legislative Budget and Finance Committee with studying the sector and its implications tables its report.
The investigating panel has clearly been working hard on the project, which was initiated last December and is submitting its findings sooner than was expected.
Commenting on the development, the chairman of the Community, Economic and Recreational Development Committee, state Senator Kim Ward, said:
"We wanted to see what the overall health of the casino industry is in the state and whether or not there's room for expansion without cannibalizing what's currently in place. We needed to take another look at the state of gaming as a whole before we said we definitely have room for online gaming.
"I think it's a very good idea, and we're hoping to get some answers next week."
Pennsylvania is under pressure from already legalised internet gambling in neighbouring New Jersey and Delaware, its rivals in land casino operations as well, so the results of the investigation are important to both the state and the young US online gambling industry.
If the recommendation is negative, it is unlikely that the state legislature will see a legalisation proposal this session.
There is another element dependent on the findings; InfoPowa readers will recall that Pennsylvania Rep. Mario Scavello has postponed the introduction of his proposal to totally ban and criminalise online gambling at player level until the results of the investigation have been made known.
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Gambling News :
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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