Pennsylvania: Slots' human toll
Last Sunday's Philadelphia Inquirer reported on the gorgeous level of state revenues from slot machine gambling since the first legalized machines were installed in Pennsylvania a couple of years ago. But, so far, it looks like any derived benefit has been negated by financial and personal losses. An Inquirer editorial ran the numbers: "The legalization of slots appears to be a winner for the state. But the $1.8 billion that has come to state coffers was generated by slots gamblers who have lost more than $2.4 billion. That's an average loss of $249 for every adult in Pennsylvania - which is more than the property tax rebates."







Comments
Losses? But they're paying to be entertained. Does Pennsylvania consider revenue from movie theaters to be a personal loss to the moviegoers?
Posted by: Mobtown Matt | October 30, 2008 7:54 AM