A study commissioned by Pennsylvania’s Legislative Budget and Finance Committee (LBFC) has identified online gaming as the largest potential source of increased tax revenue for the state, capable of generating $68m in its first year of operation.

Conducted by consultancy firm Econsult, The Current Condition and Future Viability of Casino Gaming in Pennsylvania estimates that regulated online gaming would generate revenue of $184m in its first year, rising to $307m in following years. This would ultimately generate tax revenue of $110m on an annual basis.

The bulk of earnings would be generated from online casino games, which Econsult predicted would earn $178m a year, with online poker expected to generate $129m in revenue.

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