The slot rate is a hefty 52%, also with an added 2% reserved for the local share. The tax rate on online poker and table games is set at 14% of gross gaming revenue with an additional 2% allocated for a local share assessment.After 120 days, any unclaimed licenses can be purchased by qualified entities that aren’t PA land-based casinos.After 90 days, casinos will be allowed to apply for an individual segment of a license for $4 million a pop.
For the first 90 days of the licensing period, casinos can apply for a collective license covering all three verticals for $10 million.Each license is broken down into three categories: poker, slots, and table games. 12 total licenses available, one for each of the state’s 12 land-based casino.Legalizes online poker, slots, and table games.We’ve dissected the bill, and pulled the important parts relevant to those interested in the online gambling provisions. HB 271 is a comprehensive bill that underwent many revisions, with the final version clocking in at over 900 pages.
