Potential Jackpot for Pennsylvania: State’s Analysis of iGaming, Sports Betting, and Fantasy Sports

by Ifrah PLLC
Contact

Today, the Pennsylvania Legislative Budget and Finance Committee released a long anticipated report entitled “The Current Condition and Future Viability of Casino Gaming in Pennsylvania.”  Last December, the Pennsylvania State Senate passed a resolution calling for a study, which has been viewed as an important step in expansion of gaming in the state to include online gaming and other potential revenue streams.

There has been an unsuccessful legislative push to legalize online gaming in Pennsylvania in the past year. Last week, the Pennsylvania House Democratic Policy Committee held a hearing exploring the potential impact that internet gaming could have on the state if it were to be legalized and regulated.

The report addresses the potential for new revenue streams for the state’s casino industry and specifically notes the potential for revenue to be generated from legalized sports betting and fantasy sports. New Jersey currently has a petition for review pending before the U.S. Supreme Court challenging the Professional and Amateur Sports Betting Act of 1992 (PASPA), a federal law which prohibits any state from offering sports betting unless that state had a sports betting scheme in place between 1976 and 1990. Pennsylvania had no such betting scheme, but if New Jersey were successful in its efforts to have PASPA overturned that would allow for other states, such as Pennsylvania, to offer sports betting.

The enormous potential for casinos in offering fantasy sports is also explored in the report. Fantasy sports have exploded in popularity in recent years and the report notes that fantasy sports “remain[ ] a potential source of revenue for casinos that is unexploited, as there exists clear potential for synergies between the two industries.” The report notes that in order to allow Pennsylvania casinos to participate in fantasy sports there would need to be a regulatory framework that allows casinos to participate in fantasy sports and separates revenues generated from fantasy sports as non-gambling revenue.

The report also notes that there are important considerations to take into account due to the fantasy sports industry being relatively new and rapidly growing. The reports stresses that fantasy sports companies not be required to operate through partnerships with casinos. It also notes that any licensing or certification procedures required of fantasy sports companies working with casinos not be required of any operators wishing to offer the games outside of casinos.

Last year, New Jersey authorized its state casinos to offer fantasy sports tournaments to its patrons. New Jersey also considers fantasy sports to be games of skill that are non-gambling activities, and therefore, not subject to the state’s gambling taxes. Both states recognize the enormous potential for fantasy sports in cross marketing to individuals who might not otherwise enter the casino.

The Pennsylvania Report highlights the enormous potential revenue for the state in offering online gaming, sports betting, and fantasy sports. We fully support efforts to expand the offerings of the state’s casino industry to provide a boost for the state’s revenue as well as offering patrons more choices.

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ifrah PLLC | Attorney Advertising

Written by:

Ifrah PLLC
Contact
more
less

Ifrah PLLC on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
Sign up using*

Already signed up? Log in here

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
Privacy Policy (Updated: October 8, 2015):
hide

JD Supra provides users with access to its legal industry publishing services (the "Service") through its website (the "Website") as well as through other sources. Our policies with regard to data collection and use of personal information of users of the Service, regardless of the manner in which users access the Service, and visitors to the Website are set forth in this statement ("Policy"). By using the Service, you signify your acceptance of this Policy.

Information Collection and Use by JD Supra

JD Supra collects users' names, companies, titles, e-mail address and industry. JD Supra also tracks the pages that users visit, logs IP addresses and aggregates non-personally identifiable user data and browser type. This data is gathered using cookies and other technologies.

The information and data collected is used to authenticate users and to send notifications relating to the Service, including email alerts to which users have subscribed; to manage the Service and Website, to improve the Service and to customize the user's experience. This information is also provided to the authors of the content to give them insight into their readership and help them to improve their content, so that it is most useful for our users.

JD Supra does not sell, rent or otherwise provide your details to third parties, other than to the authors of the content on JD Supra.

If you prefer not to enable cookies, you may change your browser settings to disable cookies; however, please note that rejecting cookies while visiting the Website may result in certain parts of the Website not operating correctly or as efficiently as if cookies were allowed.

Email Choice/Opt-out

Users who opt in to receive emails may choose to no longer receive e-mail updates and newsletters by selecting the "opt-out of future email" option in the email they receive from JD Supra or in their JD Supra account management screen.

Security

JD Supra takes reasonable precautions to insure that user information is kept private. We restrict access to user information to those individuals who reasonably need access to perform their job functions, such as our third party email service, customer service personnel and technical staff. However, please note that no method of transmitting or storing data is completely secure and we cannot guarantee the security of user information. Unauthorized entry or use, hardware or software failure, and other factors may compromise the security of user information at any time.

If you have reason to believe that your interaction with us is no longer secure, you must immediately notify us of the problem by contacting us at info@jdsupra.com. In the unlikely event that we believe that the security of your user information in our possession or control may have been compromised, we may seek to notify you of that development and, if so, will endeavor to do so as promptly as practicable under the circumstances.

Sharing and Disclosure of Information JD Supra Collects

Except as otherwise described in this privacy statement, JD Supra will not disclose personal information to any third party unless we believe that disclosure is necessary to: (1) comply with applicable laws; (2) respond to governmental inquiries or requests; (3) comply with valid legal process; (4) protect the rights, privacy, safety or property of JD Supra, users of the Service, Website visitors or the public; (5) permit us to pursue available remedies or limit the damages that we may sustain; and (6) enforce our Terms & Conditions of Use.

In the event there is a change in the corporate structure of JD Supra such as, but not limited to, merger, consolidation, sale, liquidation or transfer of substantial assets, JD Supra may, in its sole discretion, transfer, sell or assign information collected on and through the Service to one or more affiliated or unaffiliated third parties.

Links to Other Websites

This Website and the Service may contain links to other websites. The operator of such other websites may collect information about you, including through cookies or other technologies. If you are using the Service through the Website and link to another site, you will leave the Website and this Policy will not apply to your use of and activity on those other sites. We encourage you to read the legal notices posted on those sites, including their privacy policies. We shall have no responsibility or liability for your visitation to, and the data collection and use practices of, such other sites. This Policy applies solely to the information collected in connection with your use of this Website and does not apply to any practices conducted offline or in connection with any other websites.

Changes in Our Privacy Policy

We reserve the right to change this Policy at any time. Please refer to the date at the top of this page to determine when this Policy was last revised. Any changes to our privacy policy will become effective upon posting of the revised policy on the Website. By continuing to use the Service or Website following such changes, you will be deemed to have agreed to such changes. If you do not agree with the terms of this Policy, as it may be amended from time to time, in whole or part, please do not continue using the Service or the Website.

Contacting JD Supra

If you have any questions about this privacy statement, the practices of this site, your dealings with this Web site, or if you would like to change any of the information you have provided to us, please contact us at: info@jdsupra.com.

- hide
*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.