Home » Pennsylvania Online Gaming and Poker to Go Live Soon
Pennsylvania Online Gaming and Poker to Go Live Soon
Recently updated on April 19th, 2019
In a letter to the state’s 13 casino operators, Executive Director Kevin O’Toole stated that the Pennsylvania Gaming Control Board (PGCB) has approved interactive gaming. Gaming and poker sites will be allowed to go live on 15 July 2019. Online gambling and poker were made official under the state’s gaming growth package that was signed into law in 2017. The law was signed by Governor Tom Wolf (D). In addition to online gambling sites, the bundle officialized sports gambling and daily fantasy sports, and also authorized online betting sites along with airport betting lounges. Also, with the inclusion of slot machines at succeeding diesel truck stops.
Heavy Fees for Pennsylvania Online Gaming
Online gambling proved to be valuable to brick and mortar casino operators in numerous markets. In Atlantic City, online gaming is all about being able to play a critical role in the rebirth of the beachfront betting town.
2018’s gross gaming revenue (GGR) from online gaming totalled over $298.7 million, which is a 21.6 percent outpouring on the previous year. Revenue from land-based casinos plays upsurge with four percent. The PGCB taxed GGR from internet table games at a real rate of 16%. Online slots are taxed at 54%. The tax cash will be allocated for the state’s Property Tax Relief Fund, and also the Pennsylvania General Fund. O’Toole says online gaming operatives should submit materials and collaborating games to the PGCB workshop for review.
Mobile Sports Betting
The first legal sports wager in Pennsylvania was made last November. Nonetheless, online staking remains offline. That might change soon, as online bookmaking operatives are independent of the interactive gaming sites and also poker games are being discussed. The 2017 sports gaming law lets licensed operators, which also cost about $10 million per license to accept mobile bets. Pennsylvania’s four brick and mortar sportsbooks are reported to be pulling in disappointing revenues since they went going live. More so, mobile sports gambling will help immensely. In New Jersey, 80% of sports bets are facilitated through the internet. Pennsylvania taxes sports gambling revenues at a rate of 36%.
Recently updated on March 23rd, 2019The name Microgaming is synonymous with online casino gaming throughout the world. The titles found in Microgaming’s catalogue have always set the tone for casino game manufacturers to follow over the years. Which makes the sudden shift very interesting. In recent releases, Microgaming has subcontracted the creation of new pokie […]
Recently updated on February 8th, 2019Tabcorp has reportedly filed a complaint against Lottoland for its latest offering. Known as Jackpot Betting, many rivals are unhappy with Lottoland. Tabcorp has reportedly become the latest company to file a complaint to the Australian Communications and Media Authority. Lottoland claims that as many as 750 000 gamblers use their […]
Recently updated on July 1st, 2019A report by the Malta Responsible Gaming Foundation shows that more than 1,000 local gamblers have requested to be on the self-exclusion list. According to the spokesperson for the Foundation, the trend has been growing steadily over the past few years. However, alarming this may be, it indicates that an […]
Recently updated on October 12th, 2018This year’s top operators and software providers have been announced at the Global Gaming Awards. The ceremony, held at the Sands Expo Center in Las Vegas, opened the 2018 Global Gaming Expo (G2E). Winners were voted on by 70 gambling industry judges, and the awards were handed out in front […]
Recently updated on March 21st, 2019The Encore Boston Harbour has finally announced the grand opening of the resort after months of speculation. Encore is part of Wynn Resorts, and will be the first integrated casinos to be built outside of Nevada for the operator. However, the resort is already facing an uncertain future thanks to […]
