Pennsylvania gets closer to iGaming

Pennsylvania iGaming legislation

Credits: The Worldfolio.

Legal online gaming operations in Pennsylvania could be just a month away.

US.- Online gaming companies could be able to apply for a legal licence in the State of Pennsylvania starting next month, according to the local media. Pennsylvania legalised the sector last year and the bill took effect five months ago when Governor Tom Wolf signed the legislation.

As revealed by CBS Philly, the Pennsylvania Gaming Control Board’s Executive Director Kevin O’Toole stated that online gaming operations are soon to be settled in Pennsylvania “…and that will probably be mid-April. So that first 90-day period will be mid-April and will go through mid-July,” the official commented to the local press.

Under the approved gaming legislation in Pennsylvania, there would be an imposed tax is of 54 per cent on online slots revenue, and 16 per cent on online poker and casino table games. The bill could generate up to US$239 million in revenue this fiscal year and help close a budget gap that has been taunting Pennsylvania for quite some time now.

The bill that was approved just one hour after the Senate made the draft public is expected to raise more than US$200 million in licence fees and higher gambling losses in a bid to help overcome the state’s deficit. With the approval, Pennsylvania would become the first state in the United States to legalise and offer online casino and online lottery games.