Key Takeaways
- HB 920, submitted by Representative Tina Davis provides Pennsylvania legislators with a third option for legalizing online gaming in the state.
- The tax rate proposed is extremely high—at 28% of gross gaming revenues.
- Online poker operators will not be able to deduct any VIP benefits, player bonuses, or other promotional handouts which are paid to players from the rake they have received in order to reduce their tax liability.
HB 920, submitted by Representative Tina Davis provides Pennsylvania legislators with a third option for legalizing online gaming in the state. Her bill is textually almost identical to the bill she proposed in 2013. It lists a one-off application fee of $5 million for a three year internet gaming license, with a $500k renewal fee.
