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Pennsylvania Online Gambling Bill Introduced

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.

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Gambling News :

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

Pennsylvania Online Gambling Updates - Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

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