Pennsylvania No. 1 in Casino Tax Revenues?
Oct 3rd, 2010 | By Sanjay Paul | Category: Front Page, NewsHard to believe, but it is true! In 2009, Pennsylvania collected $929 million in casino taxes, more than did Nevada (#3) or Indiana (#2). The ascent of PA to the top of the charts is even more striking when you consider that it was in 2006, a mere four years ago, that the first casino opened in the state (Mohegan Sun at Pocono Downs). How about the home of Atlantic City? New Jersey’s tax revenue was less than 40% of Pennsylvania’s, at $348 million. The data, available at http://gaming.unlv.edu/, shows the dramatic decline of Nevada as a gambling destination. As[Read more...]