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Suspense over Pennsylvania Online Gambling bill

Rep. Davis fires up her bill, only to almost immediately withdraw it for further work
The legalisation of online gambling in the state of Pennsylvania continued to hold the attention of industry observers this week as author Rep. Tina Davis briefly launched her measure in the House, only to withdraw it almost immediately for further work and discussion with various interested parties.
Meanwhile Davis appeared on Pennsylvania Cable Network at in an interview with Francine Schertzer on her political program "On The Issues", saying that she expected her bill to be re-introduced within the next two weeks, and advising:
* Licensing for existing Pennsylvanian land operators who would have exclusivity in operating intrastate online gambling would come with a hefty $40 million plus fee and a gross gaming revenue tax rate of 45 percent. Davis acknowledged that these rates were on the high side and implied that they may be reduced after debate and discussion.
* She was aware that fellow Pennsylvanian Rep. Paul Clymer has threatened to introduce a bill seeking to ban online gambling in the state, and said the two had talked, but had decided to agree to disagree on the issue.
* The Davis bill does not contain any provision for interstate compacts because Davis believes that at 12 million residents Pennsylvania has a sufficiently large population to sustain online gambling without the need to enter into liquidity agreements with other states. She also wishes to protect existing state land gambling operators.
* Davis said an unnamed state Senator was also considering a bill that would complement her own.
* Talks with the state gaming regulator on the Davis measure have yet to take place.
* Davis reiterated her opinion that it was important for Pennsylvania to get involved in the internet gambling trend, which was clearly gathering momentum among US states

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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.

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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.

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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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