Pennsylvania Slot Revenue Increasing

11/4/09 - The Pennsylvania Gaming Control Board released some startling statistics this week, revealing that the nine land casinos in the state had delivered a 31.97 percent increase in gross gaming revenues over the same period in 2008.

For the month of October 2009, the nine operating casinos generated $177 111 933 in gross revenue (Oct. 2008: $134 203 554.37) thanks to increased business and an additional two casinos.

The consequent growth in tax collections of $97 411 563 resulted in $23 599 608 being returned to Commonwealth citizens than those of last October. Pennsylvania's tax rate is 55 percent of gross revenue.

In a measurement of just the seven casinos in operation this October that were also in operation last year, revenue was up 6.23 percent, the news agency Reuters reported in analysing the latest numbers.

The average daily number of slot machines in operation in Pennsylvania was 16 833 in October 2008 and 24 712 in October 2009.

Gaming Control Board Chair Greg Fajt said that while tax revenue is certainly assisting Pennsylvanians statewide in obtaining a property tax reduction averaging nearly $200 and saving the horse racing industry, slot machine-generated revenue is also reaching into the local communities that host or are neighbours to casinos.

"In the first three years of legalised gaming, $221 124 306 has already been distributed to local governments and counties from the play of slot machines at facilities that operate in or near their jurisdiction," Fajt says. "This is new money coming into these communities to fund a myriad of projects that improve safety and transportation, create or retain jobs, and enhance the quality of life."

Are slots your game. Get our exclusive $800 bonus to play all of your favorite slots. All USA welcome. Easy withdrawl and deposit options. Play Slots Now.

Cryptologic 14 top games to be provided to Loto-Quebec - 02/08/2012 : The companies have signed a multi-year agreement that will see Cryptologic providing a portfolio of quality games to the Societe du jeu virtuel du Quebec, the online gaming division of the provincial state lottery corporation Loto-Quebec, known as Espacejeux.

Utah : Online Gambling : HB108 - 02/08/2012 : An intrastate attempt by Utah politician Stephen Sandstrom to introduce state legislation banning any legalisation of internet gambling has failed at the start gate.

MORE U.S. DISCUSSION ON INTERNET GAMBLING DUE THIS WEEK - 02/08/2012 : Interest in online gambling in the United States is set to continue on Thursday this week when the US Senate Committee on Indian Affairs meets to hear the views of a wide cross section of interested parties on the possible impact of legalised internet gambling on tribal gaming.

Judge wont dismiss DoJ Black Friday charges - 02/08/2012 : Former Utah banker John Campos and e-processor Chad Elie, who face charges relating to the payment processing of online poker transactions, suffered a setback Tuesday when a Manhattan judge refused to allow their motion for dismissal of Black Friday indictments against them.

ANOTHER MAJOR INTERNET GAMBLING BUST IN MALAYSIA - 02/08/2012 : Police units in Malaysia raided a series of premises in a week long anti-online gambling operation, seizing 225 computers and detaining 47 men, according to reports from the Bernama news agency. All of the detained men were later released on bail.