The long wait for Pennsylvania Internet Gambling is almost over. But could the industry be doomed before it ever launches?
When Pennsylvania passed its gambling expansion bill in 2017, the sky was the limit to its potential. As one of the most populous states in America, Pennsylvania was suddenly the largest state with legalized sports betting as well as online casinos and poker. With such hype, however, comes ample responsibility. Responsibility not to embrace the industry, not to succeed, but simply to get it right.
The state has faced a steep hill to climb. Lawmakers instituted outrageous tax rates and required expensive fees for licensing that immediately put operators in a deep hole, affecting important budgets such as marketing and promotions.
Combined with restrictive state regulations and limited online skins, the odds of Pennsylvania sports betting and online casinos and poker succeeding are slim. Time will tell, but this world does not appear fit to cultivate a burgeoning Pennsylvania gambling industry.
Things such as tax rates, licensing fees impact on marketing and reinvestment will all impact the Pennsylvania Internet gambling business. For the full report, visit Play Pennsylvania