Treasurer Rob McCord has outlined a plan for Pennsylvania’s 10 operating casinos to begin repaying loans totaling $63.9 million. The loans, made from the Property Tax Relief Reserve Fund between 2007 to 2010, were used to help finance the Pennsylvania Gaming Control Board’s operations during the early years of gambling in the state.

The state’s fiscal code requires the Gaming Control  Board to adopt a repayment plan by June 30, but stipulates that casinos need not begin making payments until at least 11 licensed facilities have begun operating slot machines.

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