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Pennsylvania to Look at Legalizing Online Gambling: Adelson Can’t be Happy

Written by:

Aaron Goldstein

Published on:

May/07/2014

Pennsylvania to Look at Legalizing Online Gambling: Adelson Can’t be Happy

Consultants told Pennsylvania lawmakers Wednesday that legalizing online gambling in the state would lead to more total gambling revenue, approximately $307 million a year to be more precise. Neighboring New Jersey has already legalized Web casinos and poker though, to date, early income figures appear way off the mark.

According to a report by Econsult Solutions Inc. of Philadelphia, the extent to which online gambling would simply take away the customers who gamble at the casinos is minute.

The state would presumably license its Internet casinos through one of Pennsylvania’s 12 brick and mortar properties.

Sands Casino in Bethlehem won’t be one of them as its chairperson, Sheldon Adelson, has been pushing to quash the legalization of online gambling at both the state and federal level. Last week, Adelson affirmed his commitment to remain in Bethlehem and invest substantially more money in the Sands property located there following rumors of a potential sale.

- Aaron Goldstein, Gambling911.com

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