Pennsylvania sports betting may not meet with the same success as Nevada or New Jersey. Joe Asher, CEO of bookmaker William Hill US, isn’t betting it over the short-term. William Hill operates the sports books at Monmouth Park and Ocean Resort Casino as well as over 100 sports books in Nevada. Pennsylvania casinos must first pay a whopping $10 million licensing fee. They’ll also have to pay a 36 percent tax on gross betting revenue — or the amount left after winners are paid. Asher believes that tax structure is a real challenge for the regulated Pennsylvania sports betting. In…

Pennsylvania has moved closer to the introduction of a legalised sports betting market after the Gaming and Oversight Committee in the US state’s House of Representatives voted to move legislation forward. Introduced in February, House Bill 519 would enable Pennsylvania to legalise sports betting activities, pending federal authorisation. The bill passed with a unanimous vote of 24-0 and will now move on to the full House for consideration. Measures set out in HB 519 include Pennsylvania-based casinos that already hold a licence to offer slot machines being able to apply to offer sports betting. The licence fee would be set…