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.
According to research compiled by the Morning Call in Allentown; Pennsylvania wins first prize in the amount of revenue collected from gambling taxes.
Okay, that’s Jim Dandy….what did we do with the $1.1 BILLION dollars collected from our 9 casinos in 2009? Did we make origami?
This money was supposed to help with property tax relief and a host of other things. Instead, we pretend we have $850,000,000.00 from the federal government in our 2010/2011 budget and our state unemployment compensation fund is bankrupt.
What the hell? Am I missing something here? That’s a HUGE chunk of money. What did we spend it on? Root beer floats and pork projects?