08 Jan
In News
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US state of Pennsylvania set to relook at online casino regulation

Pennsylvania Senator Jay Costa has stated that he will introduce an online casino bill to legislate online gambling in the US state.

In fact the state has looked at regulation in each of the last four years and came close with the HB2150 bill in 2016. This bill would have allowed land-based casinos in the state to partner with online operators to offer Internet poker and casino.

House of Representatives voted 114-85 in favour of the bill, but the lawmakers in the state remained undecided and the bill failed to pass by the stated deadline.

Senator Costa has now decided to begin the process again and announced that HB2150 will be used as “the base” for his own legislation.

Costa intends to enable Pennsylvania casinos to provide online gaming services, with necessary approval and pay a license fee of $10 million (€9.4 million).

Firms that collaborate with casinos to host an online gaming platform will have to dish out a license fee of $5 million, while there will be a 25% tax on Internet gaming revenue.

Also, the bill will determine regulation for daily fantasy sports contests, with brands in this sector to shell out a license fee of $2.5 million and tax rate of 25% on revenue.

Simona

Kai started working in the Gaming Industry in 2001 when he managed a Horse Betting Shop in Germany. With the more and more upcoming needs for Sportbetting Solutions for the German speaking market he moved in 2003 in Malta where he built up TopSportWetten, one of the first Sportbetting operators working from Malta with a Remote Gaming License.

In 2005 he moved to a new venture and joined the newly formed Team of BetUnited, a Company that had the goal to target the German speaking online market with a full portfolio of Betting, Poker, Casino and Games of Skill.

In 2007 he left BetUnited and concentrated on helping new Companies coming to Malta to obtain a remote gaming license and establish operators on the island.

In 2011 he founded Simka Consulting to combine his knowledge in the operational part of the IGaming Business with the Marketing expertise of Simona.

Past Projects:

  • TopSportWetten - Managing Director and Key Official
  • Bet United - Managing Director and Key Official
  • MMBet - Managing Director and Key Official
  • Olympia Bet - Managing Director and Key Offical
  • Production Planning and Project Manager - Infratec Pro Ltd.

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