Connect with us

WINNING COMBINATION - SOFTSWISS develops innovative iGaming software products for online casino, sports betting, and beyond. Our products can be delivered as standalone solutions or combined into a single iGaming Platform.

The future of sports betting: BETBY sportsbook is focused on innovation through deep industry knowledge, state-of-the-art software & endless customization possibilities.

Gambling in the USA

Pace-O-Matic of Pennsylvania Congratulates Pennsylvania Casinos on Record Profits

Published

on

Pace-O-Matic reports that PA Lottery Sales Show Impressive Growth -- Not Negative Impact From Legal Games Of Skill
Reading Time: 2 minutes

 

Today, Pace-O-Matic of Pennsylvania released the following statement congratulating Pennsylvania’s casino industry on achieving record-high profits in 2019, with revenues increasing 4.5% over the previous year.

“We applaud Pennsylvania’s casino industry on their record growth over the past year,” said Tom Marino, Pace-O-Matic Vice President of Government Relations. “The casino industry is creating jobs and providing tax revenue to the Commonwealth.”

Marino continued, “It is important to highlight that the casino’s record growth has occurred at the same time Pace-O-Matic’s legal games of dominant skill have expanded as well. Pace-O-Matic’s Pennsylvania Skill games have provided a significant boost to Pennsylvania bars, taverns, fraternal clubs, volunteer firefighter halls and many other small businesses and non-profits. The fact the growth of legal skill games has coincided with record profits occurring at Pennsylvania casinos is proof positive that our games are catering to different players and not affecting casino revenue.”

“We are fighting in Harrisburg to pass legislation that will regulate, tax and provide strong enforcement to the dominant skill game industry and we share the Commonwealth’s and the casino industry’s concerns regarding illegal gambling devices masquerading as skill games. These games have controlled payouts and are nothing more than slot machines. They are hurting the lottery, the regulated gaming market and the legal skill game industry all of whom provide tax revenues to the Commonwealth. We strongly encourage the Bureau of Liquor Control and Enforcement to increase their enforcement and actions against operators who are distributing this illegal equipment.”

According to the Pennsylvania Gaming Control Board, revenue at the state’s 12 casinos, rose by $146 million, or 4.5% over 2018 to above $3.4 billion. Casino revenues in the Commonwealth have increased each of the past five years. (Pennsylvania Gaming Control Board, https://gamingcontrolboard.pa.gov/?pr=892, 1/16/20)

Pace-O-Matic’s Pennsylvania Skill products are manufactured by Miele Manufacturing in Williamsport, which has created over 100 manufacturing and manufacturing-related positions in our Commonwealth. Additionally, Pennsylvania Skill games are helping to support and grow businesses that were struggling and are now thriving and creating jobs. The revenue generated by our games has become a lifeline to fraternal clubs and organizations across the Commonwealth, including American Legions, VFWs and local fire companies. Pennsylvania Skill has donated over $600,000 over the past year to local charities, including food banks, children’s hospitals and senior centers.

As part of our ongoing efforts to ensure compliance, Pace-O-Matic employs a team of former state troopers to enforce the terms of our contracts and our codes of conduct. These contracted terms limit the number of machines and where they are placed in a location and have protections in place to prevent anyone underage from playing our devices.

In 2014, the Beaver County Court of Common Pleas ruled Pace-O-Matic’s Pennsylvania Skill games are legal as games of predominant skill.

SOURCE Pace-O-Matic

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Advertisement

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending (Top 7)

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.