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ARTICLE · 09 MAY 2014

What’s Next For Pennsylvania’s Gaming Industry?

Duane Morris LLP
Duane Morris LLP
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The gaming industry now faces stiffer competition than ever for dollars in the region.

United StatesMedia, Telecoms, IT, Entertainment

Although by all accounts Pennsylvania's gaming industry has a been a great success since the first casino opened in the Commonwealth in 2006, the industry now faces stiffer competition than ever for gaming dollars in the region. From 2006 to 2012, gaming revenues grew each year on a year-over-year basis, but declined slightly from 2012 to 2013. Within the next few years, several new casinos will open along the east coast in New York, Massachusetts and Maryland. Additionally, New Jersey and Delaware each recently launched Internet gaming in their states and Delaware has entered into a compact with Nevada to attract more Internet gaming revenue. The stakes are high for Pennsylvania's gaming industry to remain competitive and to not lose gaming dollars to neighboring states.

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