Colin McNickle: Gaming is robust in Pa.

Author: Live Casino Direct
 
Colin McNickle: Gaming is robust in Pa.
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Pennsylvania's gaming industry was quick to rebound from the covid lockdowns of 2020. Internet gaming led the way during the pandemic year. In 2021, casinos realized $2.29 billion in gross terminal revenues. Table games revenues are on pace to surpass $1 billion for the first time. In 2022, revenues from all sources of gaming are projected to hit $5.13 billion. The taxes on slot gaming and table games are different. They go to different coffers. For example, the table game taxes go into the general fund.

Local governments rely on gaming tax revenues. Gamrat warns that the economy will be in trouble if the gaming industry doesn't grow. He also warns about the social ills and costs that can accompany gaming addiction.