Quote of the Day

“Pennsylvania charges the highest tax rate on slot machine revenue in the country — about 55 percent — meaning the state has been racking up tax proceeds like T-shirt sales at a rock concert. But the golden age of gambling growth may have peaked in the Keystone State, and casinos will have to look for new ways to attract guests just to hold their own. Homeowners looking to gaming for property tax relief, take note: This is about as good as it’s going to get.” — Howard Frank, in the Pocono Record, on casino-revenue stagnation.