Legal sports wagers in Pennsylvania a matter of when, not if
May. 14, 2018
HARRISBURG, Pa. (AP) — Pennsylvania regulators aren't predicting when sports betting will begin legally in the state now that the U.S. Supreme Court struck down a law that bars gambling on football, basketball, baseball and other sports in most states.
The Pennsylvania Gaming Control Board said Monday its staff must first write regulations that the agency's seven-member board must approve.
Pennsylvania lawmakers prospectively legalized sports betting last October in a sweeping casino expansion law.
Owners of the state's 12 licensed casinos can pay $10 million to operate sports betting in the casino, at another facility or online. The state tax rate is 34 percent.
Gov. Tom Wolf's spokesman says revenue from sports betting will be good for the state's budget. At $1.4 billion, Pennsylvania is the No. 1 state in tax revenue from casino gambling