how does casino money benefit pennsylvania

Pennsylvania Skill supports legislation that would further regulate and increase taxes on skill games. “And, unlike the out-of-state and international companies operating in the casino and iGaming space, over 90% of the profits generated from our Pennsylvania Skill games stay in the Commonwealth.”

“We have seen from these studies that no correlation exists between casino revenues and the play of legal skill games,” said Barley. Peter Zaleski of Meadows Metrics, former head of economics of Villanova University. From our industry, we know that our skill games are supporting small businesses, fraternal organizations, and veteran organizations in particular.”īarley added that Pennsylvania Skill and Pace-O-Matic have exhaustively studied whether skill games have had an impact on casinos – and the lottery - in the state by contracting with Dr. “Our industry is glad to be part of what is an overall benefit to residents. “This is all great news for Pennsylvania,” said Mike Barley, spokesman for Pennsylvania Skill. PGCB also explained that iGaming hit a record $124.4 million. The impressive revenue from casinos, I-gaming, sports betting and truck stop VGTs is happening while Pennsylvania Skill is expanding its games in the commonwealth.Īccording to the Pennsylvania Gaming Control Board, the total revenue for October is $24.3 million more than the revenue collected in October 2021. 21, 2022 (GLOBE NEWSWIRE) - Pennsylvania Skill, powered by Pace-O-Matic, today applauded the $450 million that gambling and gaming interests took in during October, setting a monthly record.

How does casino money benefit pennsylvania