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NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB



TSXV:NYX.DB - Post by User

Post by JimTorontoon Sep 12, 2017 10:52pm
199 Views
Post# 26688274

PA Online Gaming

PA Online GamingUpdated on September 12, 2017 at 10:18 PM

https://www.pennlive.com/politics/index.ssf/2017/09/as_budget_noose_tightens_house.html

"Pennsylvania's House Republicans, at long last, appear to be closing in on a serious counter-offer to a package of borrowing and taxes passed earlier this summer by the state Senate and endorsed by Gov. Tom Wolf.

......

But sources familiar with the deal said it will include a re-packaging of the controversial proposed borrowing against future payments owed Pennsylvania from the national tobacco settlement; more than $700 million in transfers of surpluses from special funds and other unspent general fund money; and $400 million to $500 million in new taxes and other recurring revenues.

The final element of the House GOP plan would apparently be a package of new taxes and other revenue raisers, including the some that will likely need support from a significant number of Democrats to pass.

The list, sources said, will come from a menu that includes the legalization of Internet-based gambling, run by the state's existing casino licensees; ......"


The latest House GOP plan now has online gaming, but no VGTs.

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