Senate Republicans in Pennsylvania now officially have a plan to fill a $2 billion gap in the state budget, after working late into the night on Wednesday. The good news for online gambling proponents is that plan features $200 million in new revenue from a yet-to-be-passed gaming expansion, according to The Associated Press. Any such package which would almost certainly have to include iGaming to generate that much money in the current fiscal year.
But there’s not much reason to celebrate quite yet.
Republicans said they had a plan to balance the budget on Wednesday, mainly relying on new taxes, borrowing against a multistate settlement with tobacco companies, and the gaming expansion. Gov. Tom Wolf said he supported the plan. A Senate vote on the revenue package is likely to take place Thursday. The inclusion of gaming — and almost certainly online gambling — in the plan is good news, but was also largely expected.
Here’s the bad news for PA online gambling: The Senate plan — and the future of PA online casinos and poker — faces plenty of hurdles.
Pennsylvania Online Gambling a Coin Flip Next week, Pennsylvania lawmakers in the House Gaming Oversight Committee will take another look at regulated online gaming for the Keystone State. The hearing would add to the growing list of meetings on the proposal. The bill has been discussed more than 50 separate times since the […]
Online Gambling In Doubt as Pennsylvania Deadline Looms An online gambling bill in Pennsylvania remains in limbo as a deadline for the state budget looms and an impasse between Gov. Tom Wolf and Republicans in the legislature is unresolved.
Since a Senate hearing in the Community, Economic, and Recreational Development Committee held […]
Pennsylvania Online Gambling: How Close? Could gambling expansion grab a seat at the Pennsylvania budget negotiating table? In a sense, it already has. Lawmakers in both the Republican-controlled Senate and House are vetting proposals for Internet-based gaming with the potential to turn every digital device - at least those in […]