The draft bill is out:
http://t.co/CE2bZG5vm0 , and has my thumbs up. Cliffs:
Poker only. (Any poker game as approved by board.)
Age: 21+
Player location: in PA, or in a state with which PA makes an agreement for interactive gaming. (No foreign.)
Bad Actors: Sites, databases, software, personnel, etc. that took wagers from the US after Dec 31, 2006, unless under a US federal or state authorized license.
Existing casinos are automatically eligible for a license.
Anyone else can apply for a license.
Service providers have to be licensed as a significant vendor.
Player funds have to be segregated and protected.
No bots.
Protections for safe & fair games required (collusion, cheating, fraud, software testing, etc.).
Safeguards required for underage participation, player location and compulsive gambling.
Site taxes: 14% of gross gaming revenues less promotional funds (bonuses, prizes, etc.).
Felony with financial penalties to offer unlicensed play (but not for players).
Players who play from unauthorized location forfeit their winnings (money goes to compulsive gambling programs).
Sites pay $5M for a license.
Site brand names have to be owned by the licensee.
No Internet gambling cafes allowed.
Last edited by PokerXanadu; 06-02-2014 at 04:54 PM.