English: Skyline of Easton, PA from Lafayette College (Photo credit: Wikipedia)
Editor’s note: Great to see this money benefit the taxpayers of Pennsylvania!
The city was left out of the local share of taxes on the casino’s thousands of slot machines, but came away with a 25 percent cut of local table gaming taxes. The games — poker, blackjack and more than a dozen other options — remain a fraction of the tens of millions poured into Sands’ slot machines, but the casino’s tables are the most popular in the state and show no sign of slowing down.
The city budgeted $560,000 in table games money this year, a slight uptick from 2011’s $530,000 haul, yet Easton could see more than $700,000 if the boom in south Bethlehem continues. Through the first two quarters this year, Sands shunted $336,000 into Easton’s coffers and the table games at Sands remain the state’s highest grossing.
“We are definitely getting more than we expected,” Easton Finance Director Chris Heagele said.
Read more: http://www.mcall.com/news/local/easton/mc-easton-sees-windfall-table-games-revenue-20120824,0,5728945.story