Wednesday, 14 March 2012

Newspaper: Pa. gambling tax income outpaces Nevada

Pennsylvania collected more in taxes from commercial casino gambling than any other state, including gambling heavyweight Nevada, a newspaper reported.

Pennsylvania's tax revenue from commercial casinos approached $1.1 billion in the fiscal year that ended June 30, The Morning Call of Allentown reported Monday. Indiana was second with $878 million and Nevada third with $831 million.

A comparison by the American Gaming Association also showed Pennsylvania ahead in the 2009 calendar year.

Pennsylvania has just nine casinos operating, but its 55 percent tax rate on slot machine gambling more than makes up for it. By comparison, Nevada takes 8 …

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