Pennsylvania Close to Introducing Gambling Bill
Pennsylvania’s efforts to introduce a regulated online gambling market have been well documented on these pages as well across the industry’s leading media outlets.
The Bill Goes Forward
Initial steps and major positive signs towards the introduction of the gambling bill have been made in April when sports betting was put on agenda, but a little over a month afterwards high taxes rates threatened to ruin all progress in a setback which saw the new bill include 54% gambling tax rate on online slots and table games.
Fears that US state’s House of Representatives might find proposed tax rates inadequate and a threat for the bill were soothed with the latest information claiming that the House voted 102 to 89 in favor of H271 Bill.
In addition to betting on sport and casino gambling amendments, the H 271 bill also includes stipulations regarding the regulation of daily fantasy sports (DFS). What’s more, the house did introduce some tax-related changes of its own, setting the DSF tax rate to 19% instead of Senate-agreed 12% rate.
The amended Bill will now be pushed back to the Senate as the House Rules Committee made a number of alterations and changes which nevertheless did not have a negative effect to the Bill in general.
The new H 271 seems to be in agreement with much of the language featured in the original Senate bill.
Both Senate and House bill agreed on giving all clear for Pennsylvania Lottery to start selling its products online. In addition, the new bill will allow tablet gaming at certain Pennsylvania airports.
One of the most notable changes in the new bill is related to video gaming terminals (VGTs). The amended bill stipulates that as many as five VGTs should be allowed in venues holding a liquor license, whereas up to 10 should be introduced at truck stops and off-track betting venues.