Submitted by clark on Mon, 07/26/2010 - 22:12
Yep, it was bound to happen, but perhaps the bounds didn't have to be broken so fast. In the form of taxes collected from gaming revenue, in the fiscal year that ended on June 30, Pennsylvania has now beaten Las Vegas by almost 35 percent... $1.1 billion vs. $831 million. Even Indiana (which much of Chicago visits, primarily the Harrah's Horseshoe in Hammond, IN.) beat out our fine neon city at $878 million in tax revenue. Even in this economy, gambling is here to stay. It's just that tourists would rather stay in their backyard than visit Las Vegas.
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Maybe it's because LV has so much more to offer these days
Being from PA, and having recently published a blog series called "Five Days & 50 Ways to Enjoy Las Vegas", I found your post very interesting. I think that Las Vegas has a phenomenal way of adapting itself over the years to remain a top tourist destination. There are so many unique ways to have fun in Sin City besides gambling. Maybe the money being spent there has just diversified so much (a smart move, if you ask me) that gambling isn't the only cash cow in town. In other places around the country, gambling venues are limited in what their surroundings can offer. In Vegas, you so many choices of things to do just outside the casino doors.
It would be interesting to know the total tax revenue of gambling and entertainment combined for Las Vegas vs. the other places.