|
Birth of a new bill to regulate online games - Pennsylvania
HB920 is the name of the new bill proposed by the legislator Tina Davis. Its approval will allow Pennsylvania to open the market of casino games and online poker from very solid foundation. Note that this is the third bill introduced since the beginning of this year. The other two were suggested by John Payne and Nick Miccarelli. What distinguishes the Davis project from the two others is that it is more demanding and it allows the legalization of all types of online games while that of Miccarelli is limited to the implementation of online poker market only. The legislation in question has indeed rules and restrictions that facilitate the control of the market.
It stipulates, inter alia, that players must register in person at one of the 11 casinos in Pennsylvania. The establishment is then responsible of checking if they are able to play online games or not. Davis law also requires the application of a tax rate of 28%. Proceeds will be used to reduce property taxes and transportation costs. Still according to the bill, only existing casinos can apply for online gaming site opening license and they must pay a fee of $ 5 million in return. The license renewal is taxed at $ 500,000 and should be done every three years. Tina Davis has earned the trust of his fellow Democrats. However, it is still early to define whether the bill has a chance to get maximum of vote. Moreover, Payne, as Committee chair in the House Gaming, has more chance to win the game at the next legislative session.
Source: James WILLIAMS
Sunday, 12 April 2015
This page has been viewed 931 times.
All trademarks and copyrighted information contained herein are the property of their respective owners.
|
