Pennsylvania's reliance on taxes and fees on tobacco, alcohol and gambling to balance its budget is no secret. And its reliance on those so-called "sin taxes" is increasing as lawmakers avoid the more politically poisonous options of raising income or sales taxes.
Read More . . .Nine owners of Pennsylvania casinos are seeking licenses for online gambling. No one has bid for a sports license. Casino owners would have to pay $10 million for the license, and then be taxed at 36 percent.
Read More . . .The Rivers Casino opted Monday to join eight others across the state in planning an online range of gambling options similar to what is available to customers who walk in their doors.
Read More . . .Pennsylvania is picking up the pace in its push to make sports betting a reality inside the state. The PA Gaming Control Board has announced that, starting today, it will begin accepting applications for sportsbook platform providers, manufacturers and suppliers.
Read More . . .Pennsylvania casino operators are up in arms against the state’s new iLottery games, which they claim will intrude their yet-to-launch online games.
Read More . . .Pennsylvania is home to the nation’s second largest commercial casino market, but gaming revenues were flat through May, according to figures released this week by state regulators.
Read More . . .FanDuel and DraftKings respectively reported adjusted revenue (income after distributing winnings) of $673,013 and $632,008. That accounts for 98 percent of the state’s entire DFS market.
Read More . . .The Pennsylvania Gaming Control Board said Wednesday that 10 licensed operators reported $1.3 million in revenue from May’s activity after prizes were paid, and paid nearly $200,000 to satisfy the state’s 15 percent tax.
Read More . . .The Legislature and Wolf administration are aiming for something similar in the realms of sports betting and internet gambling by imposing taxes higher than those yet proposed by any peer, but some gaming operators are crying foul
Read More . . .A spokesman for the Gaming Control Board says the state is “a step ahead” of most states.
Read More . . .The Pennsylvania Gaming Control Board has launched a regulated daily fantasy sports (DFS) market in the US state, with operators facing a 15% tax on adjusted revenue.
Read More . . .Combined gaming revenue for the 12 Pennsylvania casinos exceeded $300 million for the first time, according to figures released today by the Pennsylvania Gaming Control Board.
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