Key Takeaways
- With the licensing process nearly complete, the PGCB is now working to complete testing and certification of “compulsive and problem gambling” controls.
- As the PGCB ensures that igaming operators are ready to launch, questions about how the financial industry might react to the pressure of the new DOJ opinion remain.
- The PGCB confirmed that talks to join the other US states in shred liquidity had begun prior to the release of the latest DOJ opinion.
Gaming regulators in Pennsylvania are now looking to late June or early July as the time period for the launch of the PA online gaming market.
In a House Appropriations Committee budget hearing last week, Pennsylvania Gaming Control Board (PGCB) Executive Director Kevin O’Toole told state House Representatives “we are getting close,” when asked how long people in the state would have to wait to gamble on the internet.
“Three to four months. If not right before the end of this fiscal year, definitely at the beginning of the next fiscal year,” O’Toole clarified, citing the recent reinterpretation of the Wire Act by the US Department of Justice as the reason for what O’Toole referred to as a “modest delay.”
