Pennsylvania Lawmakers OK Table Games Bill For Casinos

The governor’s threat to reduce state jobs seems to have had a positive effect on uniting the Pennsylvania Senate and House into passing a bill to legalize games like poker and blackjack at casinos. 
Pennsylvania found themselves needing to generate $250 million in revenue, so as to balance the state budget, and the table games bill was widely touted at the time as a panacea for the state’s deficit woes. Republican senate majority leader Dominic Pileggi explained clearly the practicalities involved in a decision, when he stated:
“If we were in a surplus situation, this discussion would not be happening. We have an historic crisis in our economy … we need to look to find revenue.”
With the bill now only awaiting Democratic Governor Ed Rendell’s signature, there was a sense of relief and optimism for the future among politicians.”We view this is as a win for Pennsylvania taxpayers,” said Brett Marcy, a spokesman for House Democratic majority leader Todd Eachus. “This was something that needed to be done to balance the budget gap, and it will create thousands of jobs for Pennsylvania.”
Dante Santoni, the House Democratic Gaming Oversight Committee Chairman, echoed his colleague’s jubilant sentiment, and commented: “This is a common sense, bipartisan piece of legislation that makes our gaming facilities more competitive, improves the public confidence in gaming, raises money we desperately need in these tough financial times, and — most importantly –helps put thousands of people to work in a brand-new industry.”
Large casinos will now be permitted up to 250 tables and will have to pay $16.5 million for a licence, while resorts can have up to 50 tables and will pay $7.5 million for a licence. Pennsylvania is now anticipating raising around $640 million in taxes over the next two years and believes the table games bill will also help create up to 2,000 new jobs.

Other news:   Multi-state online poker compact bill introduced in Pennsylvania

Poker News
Mississippi Casinos Post Record Revenue in April as Sports Betting Beckons
04 Jun 2018
Mississippi’s casinos generated gross gaming revenue of $184 million in April, or 5% more compared to the same month in 2017. Furthermore, that total represents an all-time high for the state, and is 1.3% more than the previous record set in 2007 when thousands of volunteers entered Mississippi to assist in cleanup efforts post-Hurricane Katrina.
Switzerland Prepares For June 10th Legalized iGambling Referendum
04 Jun 2018
On June 10th, Switzerland will hold a national referendum to decide whether the ‘Money Gaming Act’ passed by the Swiss Parliament in September 2017 can be implemented next year in its present form. The piece of legislation paves the way for land-based casinos and local partners to offer legalized online gambling in Switzerland, although a
MGM Resorts International Buys NY's Empire City Casino for $850 Million
02 Jun 2018
Real estate and entertainment conglomerate MGM Resorts International has revealed that it’s embarking on a purchase of Empire City Casino, a slots and pari-mutuel wagering venue located in Yonkers, N.Y., just a few miles north of Manhattan. The deal was announced May 29 in a press release, and is expected to be completed near the
Delaware to Launch Full-Scale Sports Betting on June 5th
02 Jun 2018
Last month’s decision by the US Supreme Court to overturn the sports betting ban in the country has opened the floodgates for individual states to legalize and regulate sports wagering within their borders. Before its decision was even made, though, a number of states had already put in place the necessary legislation in order to