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Jobless data sends stocks reeling
NEW YORK - A dour report on job losses in June sent stocks sharply lower Thursday. Major stock indexes fell more than 2.6 percent after the government said the U.S. unemployment rate hit a 26-year high. The Dow Jones industrials closed at their lowest level in six weeks. Trading on the New York Stock Exchange was extended until 4:15 p.m. Eastern time in order to execute customer orders impacted by system irregularities, an NYSE spokeswoman said. Full story >> |
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Slots casino tax revenue up
25 percent in FY 2008-'09
HARRISBURG - Pennsylvania's eight casinos provided nearly $1 billion in tax revenue to the Commonwealth for fiscal year 2008-09, the state gaming control board reported Thursday. The amount of tax revenue generated through the play of slot machines in fiscal year that ended Tuesday rose 24.86 percent over the previous fiscal year, according to figures released Thursday by the Pennsylvania Gaming Control Board. According to a PGCB press release, tax revenues from slots play at the eight operating casinos for the fiscal year was $964,701,535.75. That compared to $772,614,292.35 that was generated in the 2007-08 fiscal year, which ended with seven casinos in operation. Full story >> |
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