|Posted:||May 8, 2017 11:31 AM|
|From:||Senator Camera Bartolotta|
|To:||All Senate members|
|Subject:||Expansion of Gaming – Satellite Locations|
|In the near future, I will introduce legislation that responsibly generates additional revenue from the state’s gaming industry.
My proposal will ensure Pennsylvania’s Local Share issue is corrected while also creating new Local Share revenue, via satellite gaming locations, to be distributed in areas not currently receiving funding. This will provide approximately $240 million in up-front fees and upwards of $360 million of new tax revenue per year. In addition, this proposal will create over $650 million of capital investment and more than 4,000 construction jobs in the initial development phase. Upon opening, satellite locations will create more than 3,000 new jobs and $700 million in annual economic benefit.
Specifically, my legislation will:
Please join me to cosponsor this proposal which responsibly provides additional revenue to the Commonwealth and generates additional local share revenue for communities not currently served.
Introduced as SB750