|
Another move has been made towards online poker legalization - Pennsylvania
The initiative to bring regulated online poker market in Pennsylvania (USA) has made a significant process. A two-hour hearing was held in the State Congress. Elected officials and stakeholders present in this special session discussed a number wayouts, listed among which were the financial opportunities the state could benefit from the launch of online poker market. The Gaming Control Board, for its part, focused on the technical challenges of the initiative while representatives from operators highlighted the fact that it is possible to establish adequate control policies that govern the business and the liquidity sharing agreement with Nevada and Delaware. It will technically be deliverable in a timeframe shorter than twelve months.
Participants at the meeting were also vocal about the necessity of establishing a framwork linking online gaming platforms to brick-and-mortar casino facilities. This is about a control-oriented measure to better monitor players gaming activities, both online and land-based. According to the Gaming Control Board, it would keep land-based casinos away from potential revenue losses. Of course, it must be recognized that young gamblers are increasingly attracted by the new technologies and they might see little appeal on live games. The financial aspects of the regulation were also among matters discussed at the hearing. An estimate of the revenue figure Penns i-poker industry could generate was also released. By refering to New Jersey current gaming revenue stats, the supporting representatives believe that Pennsylvania could get $ 130 million annually in tax. Promising, such figure is expected to prompt legislators to turn a thumb up on the regulation. A new bill will be submitted to the legislature soon.
Source: Oliver JOHNSON
Monday, 22 June 2015
This page has been viewed 697 times.
All trademarks and copyrighted information contained herein are the property of their respective owners.
|
