{"id":31819,"date":"2020-01-15T22:17:46","date_gmt":"2020-01-15T23:17:46","guid":{"rendered":"https:\/\/www.pokerscout.com\/?p=31819"},"modified":"2020-01-17T13:07:49","modified_gmt":"2020-01-17T13:07:49","slug":"pa-gaming-review-high-taxes-wire-act-case-challenge-future-of-online-gambling","status":"publish","type":"post","link":"https:\/\/www.pokerscout.com\/pa-gaming-review-high-taxes-wire-act-case-challenge-future-of-online-gambling\/","title":{"rendered":"PA Gaming Review: High Taxes, Wire Act Case Challenge Future Of Online Gambling"},"content":{"rendered":"

The NFL wagering lull is upon us, but there\u2019s still news on the sports betting<\/strong> front in Pennsylvania<\/strong>.<\/p>\n

High tax rates<\/strong> are crimping online casino<\/strong> expansion, but PA online sportsbooks<\/strong> remain a hot ticket.<\/p>\n

Oh, and that pesky Wire Act<\/strong> is still kicking around.<\/p>\n

Wind Creek finds a sports betting partner in Betfred<\/span><\/h2>\n

Bethlehem-based Wind Creek<\/strong> is poised to enter the PA sports betting <\/strong>market after getting a conditional approval to partner with Betfred<\/strong>,<\/strong> a privately owned retail bookmaker with 1,600 locations in the United Kingdom.<\/p>\n

Gamblers should appreciate the role of luck in the company\u2019s founding. Apparently, a\u00a0successful bet<\/strong> on England to win the 1966 World Cup <\/strong>helped staked the company.<\/p>\n

The British company has partnered with SCCG Management<\/strong> in Las Vegas to represent them in US markets.<\/p>\n

The Pennsylvania Gaming Control Board<\/strong> (PGCB) still needs a final sign-off, and\u00a0Wind Creek, which had operated as Sands Bethlehem<\/strong>, will also need to secure a sports betting license. After that, it could move to add a retail sportsbook<\/strong>, potentially an online one. Online casino and online poker may also be in the cards, though no concrete plans have been disclosed.<\/p>\n

A Wind Creek sportsbook launch would mean 13 retail operators<\/strong> in the state. It could also become the ninth online sportsbook<\/strong> if that step follows.<\/p>\n

Online gambling tax rates high in PA, compared with some others<\/span><\/h2>\n

The\u00a0tax rates\u00a0for\u00a0online gambling<\/strong>\u00a0are literally and figuratively all over the map in the US. PAOnlineCasino <\/em>did a deep and charted out the rates for online casinos and online sportsbook jurisdictions across the country.<\/p>\n

Nine states<\/strong>, including PA<\/strong> and NJ<\/strong>, have\u00a0online sports betting<\/strong>. The lowest tax rates<\/strong> among the online sportsbook jurisdictions are Nevada and Iowa, with 6.75%<\/strong>.<\/p>\n

The highest, Rhode Island<\/strong> and Delaware<\/strong>, use a \u201crevenue sharing\u201d model and include a cut for the state vendor. Their rates stand at 83%\u00a0<\/strong>and 62.5%<\/strong>, respectively.<\/p>\n

PA\u2019s online sportsbook market has proven appealing to operators despite its hefty 36%<\/strong> tax rate on revenue. The growing popularity of sports betting, along with a large population<\/strong>, are major reasons PA\u2019s sports betting market continues to grow.<\/p>\n

Just three states have online casinos \u2014 Delaware,\u00a0Pennsylvania<\/strong>, and\u00a0New Jersey<\/strong>\u00a0\u2014 with regulated online betting on\u00a0slots<\/strong>,\u00a0poker<\/strong>, and\u00a0table games<\/strong>.<\/p>\n

Tax rates for online casino operations run from as low as 15%<\/strong> in New Jersey to 62.5%<\/strong> in Delaware. PA online casinos<\/strong> have varying tax rates depending on the vertical. PA\u2019s rates are 54%<\/strong> for online slots, but 16%<\/strong> for online poker and online table games.<\/p>\n

<\/div>\n

Wire Act still winding its way through court<\/span><\/h2>\n

The \u00a0position on its Wire Act case, which threw cold water on internet gambling is this:<\/p>\n

The Office of Legislative Counsel <\/strong>(OLC) opinion from the Department of Justice<\/strong>, which sought to expand the scope of the Wire Act to cover all forms of gambling, was denied in June. But the case is far from over.<\/p>\n

The DOJ appealed that New Hampshire District Court ruling and has now submitted an appeal brief to the\u00a0First Circuit<\/strong> court. Another brief from Sheldon Adelson<\/strong>-backed groups have chimed in as well as the process drags on.<\/p>\n

The\u00a0New Hampshire Lottery<\/strong> has until Feb. 26<\/strong> to submit its brief in response.<\/p>\n

No matter what the First Circuit<\/strong>\u00a0finds, there is a high likelihood that a\u00a0Supreme Court<\/strong> petition will follow. The fact that the DOJ\u2019s arguments focus largely on the legality of New Hampshire taking them to court, rather than on the merits of the Wire Act opinion itself, could be a good sign for online gambling proponents<\/strong>.<\/p>\n

The post PA Gaming Review: High Taxes, Wire Act Case Challenge Future Of Online Gambling appeared first on Play Pennsylvania.<\/p>\n","protected":false},"excerpt":{"rendered":"

The NFL wagering lull is upon us, but there\u2019s still news on the sports betting […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"link","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","vebbtech_seo_disable_yoast":false,"vebbtech_seo_hide_author":false,"vebbtech_seo_hide_date":false,"vebbtech_seo_hide_factchecker":false,"vebbtech_seo_fact_check_enabled":false,"vebbtech_seo_post_reviewer":0,"vebbtech_seo_post_review_date":"","footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-31819","1":"post","2":"type-post","3":"status-publish","4":"format-link","6":"category-news-category","7":"post_format-post-format-link"},"acf":[],"yoast_head":"\nPA Gaming Review: High Taxes, Wire Act Case Challenge Future Of Online Gambling -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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