U.S. Markets close in 42 mins.

Bill to OK gambling in Pa. bars nears House vote

HARRISBURG, Pa. (AP) -- Pennsylvania lawmakers are debating a bill that would allow thousands of bars to profit from gambling contests called small games of chance and flush some of the money into state coffers.

Passage in the Republican-controlled House was expected Wednesday evening. Approval from the Senate and Gov. Tom Corbett was expected next week.

It would represent Pennsylvania's largest expansion of gambling since 2010, when table games were legalized in slot-machine casinos.

Under the bill, thousands of bars and taverns could seek licenses to hold pull-tab games, daily drawings and tavern raffles.

The state would take 60 percent of the gambling profits, bar owners would get 35 percent and municipalities would get 5 percent.

Individual prize limits would be $2,000 for a single game and $35,000 over seven days.