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When Pennsylvania Governor Ed Rendell sought to legalize slot machines in his state he promised that revenue from the popular casino activity would generate tax relief for millions of residents.  Unfortunately, it appears that Pennsylvania’s second year of gains from slot machine revenues will only be enough to provide tax cuts for millions of Pennsylvania residents that resembles the current year’s tax cuts.

Slot machines were expected to generate no less than $1 billion each year during initial performance forecasts.  In the current economy, slot machines are only expected to bring in roughly $770 million. 

The newest expect some in now small amount, as a matter of fact, Governor Rendell boasts of that slot machines being able to generate even that much in the current economy is an achievement.  Pennsylvania slot machines are able to generate well over a half billion dollars in tax revenues at a time when many people inside and around Pennsylvania are losing their jobs and scraping from money.

The tax revenues that slot machines do provide will be enough to save well over 100,000 low income seniors from having to pay school property tax. 

“Huge cuts in school property taxes, that's what we promised and we're here to deliver it again,” said Governor Rendell said during a news conference in Pittsburgh.  Rendell spoke directly to the demographic that is certain to benefit from slot machines at the Market House senior center.

However, Rendell is confident that once the economy begins to recover, slot machine are certain to generate the promised $1 billion each year.

“You know what's happened?” said Rendell said.

“Pennsylvanians who used to go to West Virginia to gamble or who used to go Atlantic City to gamble or who used to go to Delaware to gamble, they're gambling in Pennsylvania and we're getting the benefit of it, just like I predicted.”

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