Online Gaming Sites Would Take Months to Set UpNovember 22, 2015 – In The News
Marie J. Jones was featured in the TribLIVE article, “Online Gaming Sites Would Take Months to Set Up.” Full text can be found in the November 22, 2015, issue, but a synopsis is below.
Although a bill is beginning to move forward to allow online casino gaming in Pennsylvania, it may be months before players can start placing bets legally.
On November 18, a vote by the Gaming oversight Committee of the state House approved a bill which would allow “all forms of casino gambling online” in Pennsylvania. The proposal must now go in front of the House and Senate followed by Gov. Tom Wolf signing it into law. Once these actions take place, licensing and game testing could take six months or more before players can place bets legally.
Fox Rothschild’s Marie Jones noted that New Jersey started accepting online gaming license applications in June of 2013 and the first online casino launched the following November.
“Six months would be great” for Pennsylvania to have games up and running, Jones tells Player's Advantage.
The bill is said to set a tax rate of 14 percent on internet gambling revenue which is comparable to the rate at the states land-based casinos.
Jones says the tax rate in New Jersey is 8 percent, which is the same as land-based operations in the state. She continues by saying that Pennsylvania’s proposal would allow Amaya inc., the world's largest publicly traded online-gaming company, to operate in the state, as well.