CHAMBERSBURG, Pa. -- If Pennsylvania collected more in taxes from commercial casino gambling than any other state, why hasn't the correlating property tax relief materialized?
Pennsylvania's tax revenue from commercial casinos approached $1.1 billion in the fiscal year that ended June 30, the Associated Press recently reported.
When casino gambling in Pennsylvania was approved in 2004, proponents said taxes on 61,000 slot machines at 14 venues would translate into property tax relief. Today, the Pennsylvania Gaming Control Board says nine facilities are open with an average of 24,903 slot machines operating daily.
Pennsylvania collected more in taxes than even gambling heavyweight Nevada, mostly due to a 55 percent tax rate on slot machine gambling, the Associated Press stated based on reporting by The Morning Call of Allentown, Pa.
And the gaming control board said July set a record with $116 million in slot machine tax revenue.
As casino gambling has expanded, the tax discounts passed onto property owners each year have stayed fairly stagnant. The average amount now is $190, according to state Rep. Todd Rock, R-Franklin.