What’s Next For Pennsylvania’s Gaming Industry?

Although by all accounts Pennsylvania’s gaming industry has a been a great success since the first casino opened in the Commonwealth in 2006, the industry now faces stiffer competition than ever for gaming dollars in the region. From 2006 to 2012, gaming revenues grew each year on a year-over-year basis, but declined slightly from 2012 to 2013. Within the next few years, several new casinos will open along the east coast in New York, Massachusetts and Maryland. Additionally, New Jersey and Delaware each recently launched Internet gaming in their states and Delaware has entered into a compact with Nevada to attract more Internet gaming revenue. The stakes are high for Pennsylvania’s gaming industry to remain competitive and to not lose gaming dollars to neighboring states.

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Duane Morris’ Adam Berger Writes on “Tavern Gaming: Did Pennsylvania Gamble Away a Huge Revenue Opportunity?”

Duane Morris’ Adam Berger, an associate in the firm’s Cherry Hill office, authored “Tavern Gaming: Did Pennsylvania Gamble Away a Huge Revenue Opportunity?” which appeared in the Philadelphia Business Journal on March 13, 2014.

In a move meant to increase Pennsylvania’s state and local tax base, Pennsylvania Governor Tom Corbett signed into law a bill that allows bars and taverns throughout the commonwealth to offer certain games of chance, known as tavern games. They include pull-tabs, daily drawings and certain raffles. Pull-tabs are games of chance that involve a ticket in which a player pulls, peels or pops open a selected part of the ticket to reveal images for a chance to win a prize based on what the ticket shows. These games may not offer a single prize higher than $2,000 or $35,000 in any consecutive seven-day period.

Click here to read the full article on the Philadelphia Business Journal website.

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The opinions expressed on this blog are those of the author and are not to be construed as legal advice.

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