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Wednesday 13th November 2024

Pa., Reaps Record Tax Revenues from Gambling Industry

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Pennsylvania’s gambling industry continues to come up aces.  Officials say the Keystone State pulled in more than two point five billion dollars in tax revenues last year from casinos, video-gaming terminals, I-gaming, sports wagering and fantasy sports contests.  According to the Pennsylvania Gaming Control Board, operators collected nearly $5.9 billion in gross revenue – which includes their take and the state’s tax share – from the state’s 17 casinos and fantasy contests in the fiscal year ending June 30th.  Last year, the state netted $2.36 billion from the 2023 gross of $5.5 billion.

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