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Online Gambling Bill Approved in Pennsylvania

30 Jun, 2016 - 12:36 by johntang

Recently, the Pennsylvania House of Representatives approved a bill that could eventually result in the legalization of online casinos, internet poker and daily fantasy sports (DFS) in Pennsylvania. The US state is one of many currently seeking to legalize online gambling along with Michigan, California, and New York.   

On Tuesday, the House voted 114 – 85 in favor of online gambling bill HB 2150. The previous week, this same bill had been rejected due to a section of it involving video gaming terminals. However, this component has been removed and is no longer a part of the approved bill.

If the legislation is passed, Pennsylvania would permit land-based casinos to ink deals with approved online gambling technology providers to offer residents within the state online casino and online poker entertainment.

The online gambling bill would also allow the legalization for slots and mobile gaming at six of the state’s airports. That said, mobile gaming would be restricted to the interior of the airport and would not be permitted state-wide.

While passing this online gambling bill into law would open up doors of opportunity for the states’ land-based casino operators, it won’t come at a low cost. Casinos that choose to launch an online offering would be required to pay for a five-year license, which will cost them an upfront fee of $8 million. They will also have to pay $250,000 renewal fees. On the flip side, their online gaming technology partners will be charged $2 million for a licence and $100,000 for renewals.

If the Senate passes the online gambling bill, Pennsylvania will become the second state after Nevada in the USA to successfully legalize an online poker market.