Pennsylvania's Gambling Market: Is it Too Regulated?
Pennsylvania has become one of the biggest gambling states in the country, with the industry generating billions of dollars in revenue each year.
Lawmakers view it as a steady source of tax revenue, but operators and players alike feel that the rules are too strict, making the system cumbersome.
The fun sometimes feels buried under paperwork.
The Pennsylvania Gaming Control Board closely monitors the industry, which, while intended to be a good thing, is starting to take its toll.
- Since legalizing online gambling in 2017, the state has seen a boom in business.
- Pennsylvania often ranks just behind New Jersey in revenue from online slots, table games, and sports betting.
- The government collects hundreds of millions in taxes annually.
Despite its apparent success, the industry feels weighed down by its own regulations.
Author's summary: Pennsylvania's gambling market is booming but over-regulated.
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