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Mount Airy Pittsburgh will be equipped with 750 slot machines and 30 table games. The state was home to more than 25,000 slot machines as of July, according to the Pennsylvania Gaming Control Board. The machines generate more than $2 billion in revenue annually. Under Pennsylvania gaming law, which was updated last fall, the state’s existing casino licensees can bid for the right to build so-called mini-casinos. Satellite casinos is another term that has been used for the new facilities.
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What the Supreme Court decision did in May was invalidate the federal law prohibiting state-sponsored gambling. Only casino sports betting is sponsored and regulated by the state of Mississippi. All other sports betting is still illegal. Q: Will sports betting provide a windfall in tax revenue for Mississippi? A. Not really. In Nevada for instance, sports betting made up only about two percent of all casino revenue for the state in 2017. Meanwhile, slot machines racked up about 63 percent of overall casino profits and table games about 33 percent. In Mississippi, casino revenue is taxed at a 12 percent rate with eight percent going to the state and four percent to local government. The state will have a nice payday, but not enough to fix all the roads and bridges.
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