![]() ![]() The tax on slot machines takes 54 cents of every dollar and that goes to Pennsylvania.” ![]() “The tax revenue in Pennsylvania from casinos is greater than any state. “ put a lot of work into deciding where the revenue goes,” McGarvey said. Rendell claimed that riverboat gambling could mean $25 million in new revenue for Philadelphia and 11,500 new jobs. The state House of Representatives voted against allowing Mayor-elect Ed Rendell’s proposal for riverboat gambling in Philadelphia. ![]() As Philadelphia gears up for the possibility of a second casino, here is a look at the city’s gambling history. Now Pennsylvania has 12 casinos and the industry is growing. “So we said, ‘Why don’t we do that in Pennsylvania?'” “In 1978, Atlantic City got casinos and we saw all of these Pennsylvania people going to Atlantic City,” Richard McGarvey from the PGCB said. The process for legalized gambling in Pennsylvania goes all the way back to the late seventies when Atlantic City opened up their first hotel casino. It may seem like it is taking a while for the Pennsylvania Gaming Control Board (PGCB) to issue Philadelphia’s second gaming license, but the wait is nothing that the city has not been through before. ![]()
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