Pennsylvania has legalized online poker, a big victory for the proponents of online gambling in the US. The legislation is a result of a hard-fought legal battle. Last year, the bill to legalize Poker was put on hold amid lawmakers’ failure to reach an amicable solution. Pennsylvania is the fourth state to legalize online poker. It’s legal to play online poker in Nevada, New Jersey and Delaware. These states are benefiting a lot from the online gambling legalization. It is estimated that New Jersey raked in a whopping $150 million in online casino revenue in 2016. Revenues in Nevada and Delaware are low because of the less population. Pennsylvania being the second largest commercial gambling market in the US has tons of opportunities to benefit from online poker. Last year, gamblers lost a total of $3 billion at the casinos in Pennsylvania.
Online gambling is swiftly getting traction in the US. According to an estimate by Technavio, the net worth of online gambling market is expected to surge past $4 billion by 2020
Pennsylvania governor Tom Wolf on Monday signed the gambling expansion package that was approved by the Senate and the House earlier in October. Some of the biggest clauses of the package were legalization of online poker and peer-to-peer poker. The bill, HB 271, also legalized online lottery. The bill also legalized fantasy sports and sports betting.
The state of Pennsylvania’s revenues from the Poker industry are set to skyrocket amid the legalization on online Poker. In 2016, the state managed to make a whopping $58.6 million from its 10 physical casinos.
Delaware, Nevada and New Jersey recently reached an agreement to allow interstate player pool sharing. Analysts think that Pennsylvania will become a part of this agreement very soon.
The legalization of Poker bill will now let 12 casino operators in the state to apply for online gambling licenses. The operators will be charged a licensing fee of $10 million in order to get the rights to offer table games, slots, and poker.
What we’re all about at Ace Poker Solutions
We offer the highest EV poker software, and training tools available on the net, recommended and used by today’s top poker players are the world. We’ve been doing this since 2009 with the emphasis on offer unique and creative poker software that will help any level of poker player be a more thoughtful and successful player at the table. We’d invite you to check these titles out:
Leak Buster Software – Leak Buster is poker software that interfaces with your Holdem Manager or Poker Tracker database, and extracts key statistics about your play in order to find your largest poker leaks. It’s unique scoring algorithm weighs the impact of your leak against average win-rates, and suggests ways to correct those leaks through the use of videos (over 50) and written modules.
DriveHUD – DriveHUD is a poker database and HUD for your online poker play. It will overlay a HUD on your online poker tables, and display vital stats about each of the opponents on your table. It will track and record all of the hands you play online, allow to you to review, re-play, filter, graph and analyze all of the hands you’ve played so you can improve your poker game.
Ace Poker Drills – Ace Poker Drills is a poker training software that gives you a “flash card” style training for Odds and Outs, Equity, and Pre- Flop play. The Pre-Flop trainer will help you to easily recognize which hands to play in different positions. Odds and Outs trainer will get you to quickly calculate your odds and outs in various situations. Equity Trainer will quiz you on equity calculations for different hands, so that knowing your equity in a given scenario will be.