Industry observers are expecting new developments in Pennsylvanian sports betting to flow from a scheduled meeting of the Pennsylvania Gaming Control Board Wednesday at which board members are to discuss and possibly vote in new regulations based on state legislation that was approved with contingencies 10 months ago (see previous reports)
The legislation (HB271) has passed its biggest contingency, a requirement that sports betting must be federally approved or PASPA overturned by a Supreme Court ruling, and the nascent state sports betting industry now awaits the formal regulations from the Board.
Our readers may recall that state lawmakers agreed that operators should pay $10 million for a licence, as well as a hefty 34 percent state tax and a 2 percent local tax – a total almost five times that set by Nevada which has given operators pause for thought regarding making application.
Among the items set down for discussion at Wednesday’s meeting are the types of sports betting that will be permitted, rules for technical systems testing, provisions to counter underage and problem gambling, and responsible gambling requirements from operators. The Board may also discuss the nine applications for online gambling licenses which have been submitted by existing state gambling licensees.