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Casinos say table games would be a boom for PA25 June 2009HARRISBURG, Pennsylvania -- As reported by the Pittsburgh Post-Gazette: "Pennsylvania could get an additional $165 million in annual gaming revenue if table games were in operation at all 12 of the state's larger casinos, an analyst hired by three casinos said today. "The revenue would consist of $104 million generated by the table games themselves -- poker, blackjack, roulette and dice -- plus another $61 million in additional revenue from slots, said Steve Rittvo, chief executive office of The Innovation Group. He said the presence of table games would attract players of those games plus additional slots players who come with them. "Mr. Rittvo's estimate of the additional annual revenue was based on a 12 percent state tax on the gross gaming revenue from table games. That tax rate is less than the 21 percent tax rate contained in House Bill 21, a measure introduced by House Democratic Whip Bill DeWeese of Waysnesburg. "Mr. Rittvo was hired by three existing casinos in Pennsylvania -- Philadelphia Park, Mohegan Sun (near Wilkes-Barre) and the just-opened Sands Bethworks casino in Bethlehem..." |