..

Internet Gambling Included in Pennsylvania State Budget

Written by:
Gilbert Horowitz
Published on:
May/19/2014
Internet Gambling Included in Pennsylvania State Budget

Lawmakers have made Internet gambling part of the Pennsylvania year’s state budget though few believe any measures would be signed into law in 2014.

The odds are stacking against Web gambling ever becoming legalized in the Keystone State.

PA lawmakers are keeping a close eye out on neighboring New Jersey, which has yet to realize the revenue numbers initially forecast for the sector since legalizing online gambling last November.

Perhaps an even bigger concern, the multi-billionaire owner of one of the state’s most successful casinos in Bethlehem is leading a national lobbying campaign against Internet gambling.  That would be one Sheldon Adelson.

A study released earlier this month suggests Pennsylvania casinos could see $180 million in new revenue should online gambling become legal.  $68 million of that money would be subject to state taxes.  And revenue could ultimately climb to $307 million. 

In March, Morgan Stanley lowered its first full year estimate of New Jersey’s Internet gambling revenue from $541 million to $203 million.

“I think there is significant revenue to be gleaned from Internet gaming,” said Drew Crompton, top aide to Senate President Pro Tempore Joseph Scarnati, R-Jefferson County.

The Senate Community Economic and Recreational Development Committee plans a hearing next month to further review the impact of potentially legalizing online gambling in the state.

- Gilbert Horowitz, Gambling911.com

Gambling News

Tampa Area Bookies: How Are They Faring?

Tampa Area Bookies: How Are They Faring?

Gambling911.com routinely monitors impacts on regional bookies, including those in the Tampa Bay, St. Petersburg area A well-run Pay Per Head will help guide you through any rough times.

South Florida Bookies: How Are They Faring?

South Florida Bookies: How Are They Faring?

Gambling911.com routinely monitors impacts on regional bookies, including those in South Florida. A well-run Pay Per Head will help guide you through any rough times.

Can I Bet With MyBookie.ag From Colorado

Can I Bet With MyBookie.ag From Colorado

While the MyBookie.ag website is accessible from Colorado, Gambling911.com recommends BetOnline with its generous welcome bonus (max bonus $1000) and lightning fast payouts.

Online Gambling Champion Ron Paul Has Stroke on Live Stream

Online Gambling Champion Ron Paul Has Stroke on Live Stream

Former Republican Congressman Ron Paul suffered an apparent stroke while appearing on a live stream.  Many may find the video below disturbing.

Can I Bet on MyBookie From Oklahoma

Can I Bet on MyBookie From Oklahoma

While MyBookie is currently acessible to Oklahloma residents, Gambling911-endorsed BetUS offers more generous cash bonuses (max bonus $2500) with fast payouts. 

Syndicate