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...

Premium subscribers continue here to the full article.