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$500,000 license fee and 36 percent tax rate For Pennsylvania Online Poker
Tuesday June 02,2015 : MORE DETAIL NOW AVAILABLE ON NEW PENNSYLVANIA POKER BILL
$500,000 license fee and 36 percent tax rate. Pennsylvanian Senator Sean Wiley's draft proposal on gambling includes provisions for the regulation and licensing of online gambling, more details on which have become available this week.
Wiley is focused on internet poker, and online casino gaming is excluded from his legalisation drive, which envisages fully regulated and licensed online poker available to state punters by the beginning of 2017.
Licensing would be restricted to existing land casino companies licensed in Pennsylvania and prepared to cough up a $500,000 licence fee and taxes at 36 percent of GGR.
Wiley proposes that the state revenues raised from online gambling be allocated to the state racing industry (2 percent per annum), a Casino Reinvestment Grant Fund which has still to be created ($10 million a year) and the remainder to facilitate a school property tax freeze for senior citizens Wiley's draft bill also contains wide-ranging amendments to the state law regarding land gambling and casinos, one of them a proposal to freeze further land casino licence awards in order to review the market.
Gambling News :
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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