The Gaming Control Board met last week and approved proposed Pennsylvania sports betting regulations, but they won’t be up and running by the September start of the National Football League season.
Pennsylvania introduced laws for sports betting under bill HB 271 around 10 months ago, but is yet to pass general regulations in the wake of the Supreme Court’s ruling on PASPA.
At present, operators that apply would need to pay $10 million for a Pennsylvania Sports Betting license, as well as a 34% state tax and a 2% local tax. This combined 36% rate is almost five times as the amount operators face in Nevada, and is seen as the reason why not a single license application has been submitted.
The Pennsylvania Gaming Control Board currently has no say in the rates set out under HB 271, but this will be up for debate at today’s session as lawmakers seek to hammer out more attractive regulations.
The Sports Handle website also said that the Gaming Control Board will discuss what types of sports betting will be allowed, as well the rules for system testing and the state’s policy on problem gambling.
Meanwhile, the Gaming Control Board will also analyze the Pennsylvania casinos seeking online gaming certificates. Last month, it was revealed that nine casinos had submitted applications for online licenses.
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