Wednesday, July 26, 2006

Pa. gaming board gets loan to keep running

PennLive.com: NewsFlash - Pa. gaming board gets loan to keep running HARRISBURG, Pa. (AP) — Pennsylvania's slot-machine gambling agency has received an infusion of more than $10 million in loans from two other state agencies to keep it afloat, a Treasury Department spokeswoman said Tuesday.

The Treasury Department signed off on Monday on the transfer to the Gaming Control Board of $6.6 million from the Revenue Department and $3.85 million from the State Police, said Treasury spokeswoman Karen Walsh.

The funds come from $36.1 million the Legislature appropriated for the startup of slot-machine gambling in Pennsylvania, a project still in the developmental stage that backers hope will generate $1 billion annually for property-tax relief.
Tax relief, right. Such a joke. What they are doing and what they promised are not the same. This is shameful.

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