New Casino Economic Report by the City of Philadelphia Available on Gaming Control Board Web site

  New Casino Economic Report by the City of Philadelphia Available on Gaming
                            Control Board Web site

PR Newswire

HARRISBURG, Pa., Oct. 29, 2013

HARRISBURG, Pa., Oct. 29, 2013 /PRNewswire-USNewswire/ -- The Pennsylvania
Gaming Control Board today announced it has made available a report developed
by the City of Philadelphia, titled "Economic and Fiscal Impacts Analysis of
Six Philadelphia Casino Proposals" on its website for public view.

The report is a result of testimony provided to the Board on April 11, 2013 by
Philadelphia Deputy Mayor Alan Greenberger that the City had engaged an
economic consulting firm, AKRF, Inc., to review and evaluate the six applicant
proposals for a casino in the city.The final report of AKRF has been
submitted to the Board for inclusion in the public input record and is being
provided to each applicant for their respective review and response during the
final suitability hearings at the Pennsylvania Convention Center on January
28, 29 and 30, 2014.

The report is the latest of information provided through the PGCB web site,
www.gamingcontrolboard.pa.gov, to better provide the public with information
that can assist in providing public comment on this licensing decision.The
period to provide written public comment is open through November 28, 2103.A
link on the web site home page under the Quick Links section provides access
to this information.

In addition, videos of all public meetings on this licensing matter are also
available on the web site.

About the Pennsylvania Gaming Control Board:

The Pennsylvania Gaming Control Board was established in 2004 with the passage
of Act 71, also known as the Race Horse Development and Gaming Act.
Pennsylvania's first new state agency in nearly 30 years, the Gaming Control
Board is tasked to oversee all aspects of the state's casino industry. The 12
casinos in operation all offer both slot machine and table game gambling,
employ over 16,000 people, and collectively generate an average of $4 million
per day in tax revenue. A portion of that money is used for property tax
reduction to all Pennsylvania homeowners; provide funds to the Commonwealth's
horse racing industry, fire companies, a statewide water and sewer project
grant program, and the state's General Fund; and, established a new stream of
tax revenue to local governments that host casinos for community projects.

A wealth of information about the Gaming Control Board's regulatory efforts
and Pennsylvania's gaming industry can be found at
www.gamingcontrolboard.pa.gov. At this website, visitors can watch Board
meetings live or view videos of past meetings, look up future meeting
schedules and past meeting transcripts, obtain information on identifying a
gambling problem and gaining assistance, access an interactive map of casino
locations, request a speaker for their group, along with much more
information.You can also follow the agency on Twitter by choosing
@PAGamingControl.

www.gamingcontrolboard.pa.gov

CONTACT: Doug Harbach or Richard McGarvey (717) 346-8321

SOURCE Pennsylvania Gaming Control Board

Website: http://www.gamingcontrolboard.pa.gov