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Odds Improve for Pennsylvania Slots

HARRISBURG, Pennsylvania – As reported by the Pittsburgh Post-Gazette: "Don't bet the ranch on slot machines being legalized in Pennsylvania. But the odds do seem to be improving slowly for allowing casinos at horse racing tracks, in Philadelphia and Pittsburgh, and at resorts like Nemacolin Woodlands and Seven Springs.

"A key player in the debate, state Sen. Vincent Fumo, D-Philadelphia, has dropped his demand for a special gaming license for American Indians. It would have guaranteed that an unspecified tribe would run one of the 15 gambling parlors that may be created in Pennsylvania. Fumo's stance upset Gov. Ed Rendell, a Democrat who wants to legalize slots to generate up to $1 billion for reducing school property taxes. House Republican leader Sam Smith of Punxsutawney, a slots foe, said he wouldn't let the House vote on any bill that included a provision for an Indian casino.

"…'Sen. Fumo and the governor now appear to be working together and making progress' toward a bill, said Mike Jeannot, vice president of MEC Pennsylvania Racing, owner of The Meadows harness racing track in Washington County.

"…In New York City a week ago, Fumo met with gaming stock analysts, who came away with a feeling that the chances of slots in Pennsylvania had improved…"

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