Wednesday, August 21, 2019

Pa. Supreme Court Strikes Down Part of State Gambling Laws

Pa. Supreme Court Strikes Down Part of State Gambling Laws
Excerpt: (T)he gambling expansion bill that was signed into law back in 2017 includes a provision that requires all casinos to contribute 0.5 percent of their total slot machine revenue to Casino Marketing and Capital Development Account. Upon a deeper and more comprehensive look at this particular clause, it was found that what it was doing was, in essence, taking from the rich operators and giving to the poor ones. This is because the money in the Casino Marketing and Capital Development Account was distributed to the state’s weakest casinos where the funds would then be used for marketing and property improvement expenses. Sands Bethlehem is the operator that uncovered this issue and opted to sue the Keystone State ins a bid to have the law struck down. The operator’s argument was that what the law was doing was somewhat unfair since it was more like having the profits of better-performing casinos shaved off and redistributed to the casinos that were not performing as well. [Socialism lives in the casino industry, too. No, it won’t work there, either. Ron P.]

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