The chairman of Pennsylvania’s House Gaming Oversight Committee has introduced new legislation to regulate online gambling, which he claims could generate more than $300m in ongoing revenue for the state.

House Bill 649, introduced by Democratic Representative John Payne, looks to amend Title 4 (Amusements) of the Pennsylvania Consolidated Statutes to authorize online gaming, impose a tax on the industry and establish penalties for unlicensed operators.

It requires that all internet gaming be conducted by current licensees, similar to the regime established by New Jersey...

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