Penn National Warns Over Tax Parity For Pennsylvania iGaming

No casinos would sign up to an internet gaming regime in Pennsylvania in which online revenues were taxed at the same 50 percent-plus rate as land-based slot machine games, a senior executive with Penn National Gaming said Thursday. 

Eric Schippers, Penn National’s senior vice president of public affairs, told analysts on conference call that internet gaming “is firmly in the mix” as members of Pennsylvania’s House and Senate craft a plan to raise up to $100m in extra revenue from expanded gambling.

“The key questions around (internet) gaming right now is focusing on the tax rate that would be applied,” Schippers said.

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