An independent report on gambling within the state of Pennsylvania was delivered to lawmakers today, and its results will likely give pro-online gambling proponents some fuel for their cause.
The report, which was compiled by Econsult, found that legal and regulated online gambling could generate $307 million in revenues for the state, which would result in $68 million in tax revenues during the first year, and $110 million every year after that.
The best part? Those revenues would not hurt brick and mortar casino numbers in the least, according to the report.
Econsult was given the task of analyzing the gambling market in the Keystone State, and provide any suggestions that it deemed would make the state more competitive. i-Gaming certainly looks to be a key contributor to any future endeavors in the state, which is facing a large deficit that must be reconciled before the start of the new fiscal year.
After the report was presented to the State's lawmakers, several politicians said the issue deserves deeper consideration, and that online gambling will indeed be given a second look.