The hearing regarding an expansion of gambling in the commonwealth is taking place on Tuesday, March 7, at 2 p.m.
It will involve members of both the Senate Community, Economic & Recreational Development Committee and the House Gaming Oversight Committee. Those are the two committees through which all gambling bills flow.
That the PA legislature had been trying to schedule such a hearing has been known for sometime.
A notice from the CERD Committee noted the hearing’s purpose is to “gather information regarding any House/Senate suggested Title 4 changes, gaming expansion options from the previous and current sessions…”
The hearing will also include “stakeholders from the Gaming Industry,” per the notice.
While online gambling is not directly mentioned, it is likely to be one of the cornerstones of any gambling expansion that takes place in the state. The topic of daily fantasy sports could also be touched upon in the hearing.
The news has mostly been good for online gambling in Pennsylvania, of late:
Pennsylvania is still in the middle of a massive budget crisis. The state is running behind billions of dollars in the current and following fiscal years, unless spending cuts take place or new revenue is generated.
Online gambling would certainly help on the latter point. A recent white paper indicates the market for online poker and gambling could exceed $360 million by 2022.