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Pennsylvania Online Gambling Report Coming In May 2014

Sunday April 6,2014 :  PENNSYLVANIAN LAWMAKERS AWAIT ONLINE GAMBLING REPORT (Update)
 
May publication should reignite the legalisation debate.
 
The report on internet gambling legalisation by the Pennsylvania Legislative Budget & Finance Committee is due for presentation in May and should reignite the debate on whether to legalise or not.
 
Late in November last year the state Senate approved a resolution by Senate President Pro Tempore Joe Scarnati that tasked the committee to investigate the issue and report back timeously. The tasking specifically directed that the committee analyse how online gaming could impact state tax revenues, and its possible impact on employment in the state’s existing gaming facilities.
 
Pennsylvania’s 12 casinos employ more than 16,000 people and have generated some $6 billion in tax revenues since 2004.
 
Economic and competitive factors have resulted in Pennsylvanian land casino tax revenues plateauing in recent times, prompting lawmakers to examine additional sources of tax revenues.
 
With Nevada, Delaware and New Jersey already successfully legalised, there is empirical evidence available that could influence the Pennsylvanian decision either way.
 
The committee's report will be closely examined by both pro and anti-online gambling politicians; so far there appears to have been only weak support for legalisation, judging by the response to budget suggestions and to a bill introduced some time ago by Representative Tina Davis, which has made little headway in the House  Directly opposing Davis's bill is a measure seeking to prohibit any form of Internet gambling launched by Republican Paul Clymer in the House under title HB1404 and carrying stiff penalties There has been little appetite for that bill, either, and it has remained bogged down in the House Gaming Oversight Committee since its introduction last May.
 
Many Republicans are at best only lukewarm on the concept of legalisation, with House Republican Party spokesman Stephen Miskin recently telling the Associated Press news agency:
 
“I'm not sure there's a whole lot of support in our caucus right now for it.”
 
Gov. Jim Corbett is also less than enthusiastic; he has plans to raise tax revenues by expanding state lottery activity, but his spokesman Jay Pagni says he has little interest in taking the lottery online:
 
“The governor would be reluctant to have wholesale expansion of online gaming, or even something like online poker,” Pagni said. “Online gaming presents issues associated with access. The governor’s goal, when he announced small games, was, ‘We need to look at this in a measured fashion and ensure that safeguards are in place.’ ”
 
The governor intends to review the committee's investigative report before making a decision as to the best path forward, Pagni added.
 
Republican Sen. Elder Vogel told Associated Press that he’s interested in “...serious discussions about online gambling" if Senate leaders decide to go down that road. If the report finds it could be a good revenue source, he would probably support the move, he said. “Obviously other states around us are doing it so we need to keep up with the Joneses, so to speak.”
 
Several politicians approached by Associated Press had differing views on the acceptability of legalised online gambling in Pennsylvania, illustrating a bipartisan divide between supporters and doubters.
 
Those against are mainly concerned about potential societal problems caused by the convenience with which internet and mobile gambling can be accessed, although some feel that if the pastime is inevitable it is better controlled by the state, which implies intrastate legalisation

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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