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Pennsylvania Online Gambling Bill Introduced
Wednesday June 18,2014 : PENNSYLVANIAN ONLINE GAMBLING LEGALISATION BILL INTRODUCED (Update)
Erickson bill promised earlier this month introduced to state legislature.
Comment around a proposed online gambling legalisation bill prepared by Pennsylvanian state Senator Edwin Erickson intensified Tuesday when the senator introduced SB 1386 to the state Senate.
The bill is supported by Senator Bob Mensch but there was some speculation on what it actually covers; the preamble suggests a focus on internet poker, but references in the draft to any online activity approved by state authorities could enable the measure to more widely embrace online gambling at some point.
The preamble reads: “Developments in technology and recent legal decisions have created an opportunity to legalize interactive poker as a means to further enhance and complement the benefits delivered by casino gaming, licensed facilities and the communities in which they operate.”
The bill as introduced is little changed from a draft circulated earlier this month and given wide media exposure.
It covers agreements on shared player pools with like-minded states; license fees of $5 million, along with a tax rate of 14 percent of GGR.
Licensing will be confined to currently licensed land gambling operators, who must use the same branding, a clearly commercially protective clause that is extended by the addition of extensive "bad actor" provisions designed to exclude companies that may present serious commercial competition.
The bill comes after a study of gambling in the state concluded that online poker could lead to revenues of around $129 million annually
With a population 50 percent greater than New Jersey, hitherto the most populous state to legalise, Pennsylvania offers significant online poker business potential that should far outrun Nevada. Observers have already noted that a Pennsylvania - New Jersey partnership could create a player pool seven times that of the combined players in Delaware and Nevada.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
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The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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