State announces property taxpayer savings from slots

The state Education Department has released more detailed estimates of how much property-tax relief Pennsylvania homeowners will receive from slot-machine gambling this year. Homeowners who live in poorer districts with higher tax rates will receive the biggest tax breaks.

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Thu, May 1st, 2008

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Gambling history facts:

  • The current wave of legal lotteries started in New Hampshire, spread to other North-Eastern states, and then across the nation.
  • 1973: The MGM Grand opens on the Strip, becoming the world's largest hotel.
    1989: One of Vegas's most extravag-ant hotels opens. Steve Wynn's Mirage resort features a man-made volcano and over 3,000 rooms. Siegfried and Roy sign a $57 million, five-year contract to provide entertainment at the hotel.
  • The first legal lottery in the twentieth century was the New Hampshire Sweepstakes which began on March 12, 1964. Currently 37 states and the District of Columbia operate lotteries.
  • The first World Series of Poker was held in downtown Las Vegas at the Horseshoe Casino back in 1970. Then owner of the Horseshoe Jack Binion, hosted the very first one and has agreed to host upcoming World Series of Poker Tournament Circuit. Jack Binion said that is purely honorary and plans on doing other types deals and events in the future.