Pennsylvania becomes fourth US state to OK online gambling

The Pennsylvania House passed a bill that will legalize online casinos and poker today with a 109-72 vote, following the bill's amendment and subsequent passage by the Senate yesterday. Now, H 271 awaits a signature from Governor Tom Wolf. This makes Pennsylvania the fourth U.S. state to say yes to online gambling.

The lengthy bill includes provisions for daily fantasy sports, sports betting, online slot machines, table games, poker and lottery products. It also authorizes video gaming terminals at certain truck stops, tablet gaming at airports, and up to 10 satellite casinos.

The tax rate may prove to be a bit of a hiccup moving forward, as online slot machines will be taxed at 54%, a percentage many feel is steep. New Jersey, by comparison, has a 17.5% tax for online slots. Online table games and online poker in Pennsylvania will be taxed at a rate of 16%.