Joel Sears
On Tuesday, April 2, Joel Sears spoke to the Rotary Club of York-East about the issue of revenue from gambling operations in the state of Pennsylvania. He outlined the history of legalizing gambling in the state beginning with horse race betting, progressing to the lottery, and finally with casino gambling. All of these activities have come with the promise of reducing property taxes. Typically they provide about $3 billion net revenue to the state each year. The downside to increasing the number of gambling locations is that the total revenue remains flat while there are additional costs to the state for the provision of the new locations.