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Pennsylvania Online Poker - Legal PA Online Casino & Poker News Pennsylvania online gambling bill Pennsylvania online gambling bill Pennsylvania casinos find little to like in internet gambling bill - Lehigh Valley Business Cycle

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Sweeping gambling bill passes Pa. House toward uncertain future | softwaresavvysub.info

Pennsylvania is one step away from pennsylvania online gambling bill the fourth state in the US with legal online poker and gambling.

That came after the bill was amended and passed by the full Senate less than a day earlier. The House actually took up the bill on Wednesday night, but procedure prevented it from coming up read article a vote immediately.

Pennsylvania would join New JerseyNevada and Delaware with legal online gambling. The bill would legalize online slot machines, online table games and online poker. After all that — if there are still licenses left — PA can license entities outside pennsylvania online gambling bill existing casinos. Seeing as the bill got the approval of both the House and the Senate, conventional wisdom says Wolf will not upset the apple cart of funding the budget by vetoing this bill.

Wolf has long said he wanted recurring revenue out of any package, and out of gaming in particular. How long do pennsylvania online gambling bill have to wait? He could also do nothing and the bill would become law by his inaction. The tax rate for different segments of online gambling is one part of the bill that will cause consternation source the implementation, should it become law.

Online table games and online poker are taxed please click for source what appears to be a reasonable rate of 16 percent.

But online slot machines will be taxed at 54 percent. That is by far the highest rate for online gambling anywhere in the world. Why such a high rate? Sources tell Online Poker Report that is because the bill would not have had enough support in the Senate at a tax rate that did not match that of land-based casinos. Some operators in the state may minimize their online slot offerings — or not offer click at all — because of that rate.

How operators respond to that licensing structure is an issue that will be interesting to track. Of course, pennsylvania online gambling bill could end up having an effect on the bottom line of what PA is expecting revenue-wise from the gaming bill.

In that scenario, the high tax rate ends up being self defeating, and actually could create less revenue than a lower tax rate might. Penn Nationalwhich operates Hollywood Casinopennsylvania online gambling bill is not very pleased with the bill.

The Reading Eagle reported that the company would consider suing to stop the bill:. Mostly, PN appears to take issue with the satellite casinos that it says would pennsylvania online gambling bill it more than other casinos around slots online by pay phone state.

It would be a willing participant in online gambling. In its earnings call on Thursday morning, Penn National and Schippers were a little less bombastic about the bill. The call was literally going on pennsylvania online gambling bill the bill was read article debated on the House floor. PN did not indicate it would definitely take the legal action suggested above.

Pennsylvania would pennsylvania online gambling bill legalize daily fantasy sports, sports betting, online lottery. Wolf Dustin GoukerOctober 26, Dustin Gouker - Dustin Gouker has been a sports journalist for more than 15 years, working as a reporter, editor and designer -- including stops at The Washington Post and the D. He has played poker recreationally for his entire adult life and has written about poker since You may also like

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