Reps. George Dunbar (R), Rosita Youngblood (D), Jay Costa (D) and five others introduced HB 392
, which would license and regulate online poker, other forms of online gaming, and daily fantasy sports in their state.
HB 392 calls for an $8 million application fee and a $250,000 annual renewal fee for an interactive gaming license, and a $2 million application fee and a $100,000 annual renewal fee for interactive gaming operators. The proposed tax rate for online gaming operators is 14 percent of gross gaming revenue, with an additional two percent tax to go to host communities.
While similar legislation in Pennsylvania may not have passed into law last year, the state did take credit for the revenue and is already spending the money. This is good for us, as the legislature will have to find alternate revenue sources to make up the shortfall should they fail to pass online poker this time.
On March 7th at 2pm ET, the Senate Community, Economic & Recreational Development Committee and the House Gaming Oversight Committee will hold a joint hearing
on online poker and other gaming issues. PPA Executive Director John Pappas will testify on behalf of the poker community on why the Keystone State needs to move forward on this important legislation.