Clicky

Online Casino Bill Making Progress in West Virginia - PennsylvaniaPoker.com News : PennsylvaniaPoker.com News
online-gambling
Published on
Update on
Author

West Virginia may just be on verge of launching its online gambling industry and becoming the fifth sated to do so. This news comes after the state’s Senate passed an online casino gaming bill by a 26-7 vote. The West Virginia Lottery Interactive Wagering Act (H 2934), the bill, is now closer to being passed to than ever before.

All that remains for this to happen are two important steps with the first being a review by the House for concurrence since the Senate made some minor amendments to the bill – this will probably happen on March 9 when the legislature adjourns. After that, the bill will then land on Governor Jim Justice’s desk where it will hopefully be signed into law.

If history is anything to go by, the governor’s is arguably one of the most crucial steps for gambling bills in the United State. A recent scenario where the governor’s desk tipped the scale of an online gaming bill that had been passed and approved by lawmakers was in Michigan where the governor opted to veto the bill. Online gaming proponents in West Virginia also have quite a bit to be skeptical about especially considering the fact the governor also declined to sign a bill that proposed the establishment of a state-regulated gaming market last year.

Details of the West Virginian Gambling Bill

In every sense of the word, the state’s gaming bill is prototypical in nature, that is, it calls for a regulated online gambling market where only people who are 21 years or older will be allowed to participate. It will also be limited to people within the state’s borders – under current circumstances, this is particularly great for the state since it will be automatic compliance with the recent reinterpretation of the 1961 Wire Act by the United States Department of Justice.

Online sports betting will also be in the mix but it will be limited to the existing land-based licensees in the state. The operators will have to part with $250,000 apiece for each of the online gaming licenses they are interested in. These licenses will be renewable every five years for an additional $100,000. Platform and service management licensees will pay $100,000 while the supplier licenses will cost $10,000. Also, the state will impose a 15 percent tax on online gambling revenue which is relatively fair especially when compared to the tax horrors that states like Pennsylvania plan to put the operators through.

While there are currently a number of complications thanks to the murky mess made by the new DOJ interpretation of the 1961 Wire Act, the entry of West Virginia into the online gaming scene would be a big boost for online gaming in the country. In fact, if the Wire Act is reversed to its 2011 version, shared liquidity agreements will be possible between the state and neighboring states (like Pennsylvania) where online poker is legal.

Latest Headlines

Partypoker Won’t Arrive in Pennsylvania Until September, Regulator Says

The potential launch of partypoker in Pennsylvania has been postponed to September in the very least after the latest meeting of the Pennsylvania Gaming Control Board (PGCB). Partypoker on the Backburner for Pennsylvanian Launch The Pennsylvania Gaming Control Board (PGCB) has put a damper on state poker players’ hopes to see one more card room […]

Pennsylvania’s Gaming Revenue Down in FY 2019/20, Online Helps

Pennsylvania has taken a tumble in terms of gambling results in the 2019/20 fiscal year, buoyed up by online gaming as much as possible. The Fiscal Over Finishes on a Low Point for Pennsylvania Pennsylvania is reaping big benefits from its decision to issue iGaming licenses in 2019, yet adoption hasn’t been quick enough. While […]

Pennsylvania and PokerStars PA Post $3.2M Revenue in June

Despite a back-to-back decline in online poker revenue, June has remained much stronger than the first three months of 2020. Pennsylvania Holds Good Poker Results in April Some have predicted a dip in revenue and results, but online poker in Pennsylvania is still doing very well with June’s revenue reaching $3.2 million. In May, though, […]

Mount Airy Stays Afloat Buoyed up by Poker

Mount Airy Casino Resort registers the smallest revenue decline year-over-year The casino is bolstered by Internet poker and gaming operations Sports betting in Pennsylvania begins to climb up and recover in June Out of all 12 state casinos, Mount Airy has proven the most resilient thanks to its partnership with PokerStars and online poker and […]

Partypoker May Soon Join PokerStars PA in Pennsylvania

Partypoker PA is closer to arriving in Pennsylvania, breaking up PokerStars’ monopoly, and opening an alternative cardroom for players from the Keystone State. As one of the leading platforms in the world, partypoker is well-positioned to make a splash, especially under the leadership of GVC Holdings, one of the largest gambling firms in the industry, […]

Similar PA Casinos Post

Pennsylvania and PokerStars PA Post $3.2M Revenue in June

Despite a back-to-back decline in online poker revenue, June has remained much stronger than the first three months of 2020. Pennsylvania Holds Good Poker Results in April Some have predicted a dip in revenue and results, but online poker in Pennsylvania is still doing very well with June’s revenue reaching $3.2 million. In May, though, […]

Mount Airy Stays Afloat Buoyed up by Poker

Mount Airy Casino Resort registers the smallest revenue decline year-over-year The casino is bolstered by Internet poker and gaming operations Sports betting in Pennsylvania begins to climb up and recover in June Out of all 12 state casinos, Mount Airy has proven the most resilient thanks to its partnership with PokerStars and online poker and […]

Partypoker May Soon Join PokerStars PA in Pennsylvania

Partypoker PA is closer to arriving in Pennsylvania, breaking up PokerStars’ monopoly, and opening an alternative cardroom for players from the Keystone State. As one of the leading platforms in the world, partypoker is well-positioned to make a splash, especially under the leadership of GVC Holdings, one of the largest gambling firms in the industry, […]

Players Will Need to Travel to Play in WSOP Online, Negreanu Says

The World Series of Poker (WSOP) Online will host 54 WSOP bracelet events on the GGPoker platform Daniel Negreanu, GGPoker Ambassador, outlines certain changes to the schedule and advises players on how to participate if they play from restricted jurisdictions Micro-stake players will get a chance to qualify for some of the big WSOP events […]