Place your bets: Table games open at Pa. casinos
#1 Jul 8, 2010
And just like the slots the money will vanish with the quick stroke of Fast Eddie's pen. Where are the millions of dollars coming in from the slots going? The state taxes the gambling revenue at 60%. Many of the casinos have already paid out over $100 million in winnings. Clearly they are very profitable. If they are paying out $100 million and the state is taking 60% and they are still making a killing how much money does that tell you the state is getting? Where is it?
#2 Jul 8, 2010
Making PA relevant for the first time in 230 years.
Since: Jun 09
#3 Jul 8, 2010
Correction. Theres a 55% tax on slots and 16% on table games. In 2009 446 million in revenue from Phiily park casino. Thats just 1 casino. The original plan was to eliminate property tax. That went pretty well. I was always for casinos but don't give false hopes. Im glad Spendell is out. Do you remember the countdown they had for Bush to leave office. We need that for Eddie.
#4 Jul 8, 2010
Our property tax went UP this year. Casino money has not helped our property taxes. Where has all that casino revenue gone?
We began down that slippery slope when casinos were approved to begin with. Naturally, table games would follow.
Anybody ready for legal prostitution? PA is headed that way.
#5 Jul 13, 2010
Sorry I went with the numbers somebody told me, I didn't look it up. I'm sure you're right. Either way if $446 million came from one casino...where the hell is the money? Cause it sure didn't eliminate my taxes which also went UP...
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