Tuesday, April 21, 2015

Pa. is most gambling-dependent state, report says

Pennsylvania's gambling taxes rake in far more money than Nevada, New Jersey or any other casino state

Pa. is most gambling-dependent state, report says

Pennsylvania raises more tax money from gambling than any other state, notes Bloomberg here, citing this recent American Gaming Association report.

Gross revenues for the state's casinos still trail those of Nevada and New Jersey, but Pennsylvania's higher gambling taxes make the public's cut of betting losses the nation's highest, with $1.5 billion of the total $3 billion wager going to the government.

No other state topped $1 billion in gambling tax collections, according to the association

More coverage
Pa. gaming revenue boosts tax rebates
About this blog

PhillyDeals posts raw drafts and updates of Joseph N. DiStefano's columns and stories about Philly-area finance, investment, commercial real estate, tech, hiring and public spending, which he's been writing since 1989, mostly for the Philadelphia Inquirer.

DiStefano studied economics, history and a little engineering at Penn, taught writing at St. Joe's, and has written the book Comcasted, more than a thousand columns, and thousands of articles, and raised six children with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
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