Is Sports Betting in Pennsylvania Still a Gamble?
Last week, the state of Pennsylvania officiated the process that allowed its casino license holders to apply for sports betting licenses. However, since then, no operator has made a move to this effect and, unfortunately, this is not surprising considering the logistics involved as well as what the state’s lawmakers are charging. Pennsylvania has always been expected to be a key contributor to the new era of legalized sports betting...
PGCB Begins Accepting Sports Betting License Applications
Last Wednesday, the seven-member Pennsylvania Gaming Control Board (PGCB) unanimously agreed on some temporary regulations for sports betting – this also included a process by which the state’s casinos can apply for the certificates covering the wagers. This marked the Keystone State’s first move after the Supreme Court ruling that struck down the federal ban on sports betting and it was followed by the official launch of the...
PGCB Renews Sands Resort Casino Bethlehem’s License
The Pennsylvania Gaming Control Board (PGCB), this week, renewed Sands Casino Resort Bethlehem’s operating license for another five years. The Sands Berthworks, LLC-operated and Northampton County-based casino was found to have been in compliance with all of its obligations under the previously approved license and thus is qualified for a license renewal. The license renewal decision was arrived at by the seven members of the PGCB and...
A Review of Pennsylvania’s Sports Betting Positioning
Last week’s Supreme Court ruling is still making waves across the entire country and this should continue to happen until more states finally launch their own sports betting industries. Key among these states is Pennsylvania, which like many other states has been positioning itself to capitalize on the lifting of the federal ban on sports betting that was otherwise known as the Professional and Amateur Sports Protection Act of 1992...
Pennsylvania’s Tax on Sports Betting Set to Be the Highest
When sports betting finally debuts in the Keystone state’s casinos, it is anticipated that it will have the highest sports betting tax rate in the United States. There has been a lot of debate about how this could affect the budding industry, especially because prior to the lifting of the ban on sports betting, a number of gambling operators were operating tax-free. Concerns have been raised regarding how these rather high taxes could...
US Supreme Court Lifts the Federal Ban on Sports Betting
Sports betting is in the United States is about to go through a major changeover thanks to a Monday U.S Supreme Court decision that has effectively made it possible for widespread regulation of the activity in various states. The long-awaited Supreme Court ruling was made in favor of the New Jersey, which had filed a petition against the Professional and Amateur Sports Protection Act (PASPA) of 1992 that made sports betting illegal in...
