HARRISBURG, August 25, 2011 – Senate Democratic Leader Jay Costa (D-Allegheny) today announced the appointment of Gregory Fajt to the Pennsylvania Gaming Control Board. Fajt most recently served as the board’s chairman, appointed by Governor Ed Rendell in 2009.
“There were several factors to consider in making the appointment to the gaming board. Integrity and experience were at the top of the list,” said Costa. “There is no question that Greg Fajt has a great understanding of gaming issues, and his expertise has been an asset to the Commonwealth over the years. In additional to his vast knowledge of the industry, Greg has an outstanding reputation. His honesty and sound judgment were key factors in my decision.”
It was important to appoint a person knowledgeable of the myriad of issues associated with gaming, particularly as the board prepares to navigate a more competitive landscape, said state Sen. Wayne D. Fontana (D-Allegheny). Fontana is the Democratic chairman of the Community, Economic & Recreational Development Committee which has oversight of the administrative function of the Gaming Control Board and its regulatory oversight of the PA gaming industry.
“Now that Ohio has given the green light for casinos right across our state line, we can’t afford to lose Greg Fajt’s insight and input,” said Fontana. “We need to be mindful of how to best compete with bordering states and make sure Pennsylvania’s casinos are the preferred destination. Under Greg’s tenure as chairman, we have done that.”
The Pennsylvania Gaming Control Board implemented a number of changes and saw significant progress during Fajt’s tenure, including successful implementation of table games at nine casinos within six months of passage of Pennsylvania’s gaming law. Table games have generated $90 million in tax revenues in the past year alone.
Additionally:
· PA became the No. 1 gaming tax revenue producer in the United States. This benefits Pennsylvanians through increased tax revenue used for — among other things — property tax reduction.
· Casino jobs have continued to grow. Pennsylvania casinos now directly employ over 15,000 people providing needed jobs during the down-turned economy.
· Transparency of the Gaming Control Board has been increased through video streaming of public meetings.
· Significant cost-cutting initiatives have been implemented, including the reduction of the number of autos assigned to agency personnel and significant cut-backs in out-of-state travel by agency personnel as well as board members.
· Pennsylvanians saw the successful opening of the Rivers, Sands, and Sugarhouse casinos.
· The board maintained strong oversight of Pennsylvania casinos, issuing numerous fines to casinos that allowed under-age patrons to enter and gamble in their facilities.
Fajt is a licensed attorney within the Commonwealth of Pennsylvania and also a Certified Public Accountant (CPA).
“I will continue to work with my fellow board members to ensure that the oversight of Pennsylvania’s gaming industry is one in which other states can emulate,” said Fajt. “My commitment to maintain the integrity of the industry and the board is not taken lightly. Along with our dedicated staff, the board has made significant changes and will continue to make assessments. The ultimate goal is to make public confidence a priority and make sure Pennsylvanians continue to benefit from the industry’s profitability.”
Prior to his position with the board, Fajt served as chief of staff to Gov. Ed Rendell, the top advisor to the governor and manager of the day-to-day activities of the executive branch of state government, including 18 cabinet agencies and the Governor’s Office. Fajt joined Rendell’s senior staff in February 2007 as senior advisor, and prior to that served as Secretary of the Pennsylvania Department of Revenue from March 2003 through February 2007.
Fajt also served on several boards and commissions, including chair of the Pennsylvania Business Tax Reform Commission, the Taskforce for Working Families and the Economic Development Cabinet.
Fajt served as state representative for the 42nd District in Allegheny County from 1991 to 1996. During his tenure in the Pennsylvania Legislature, he focused on tax policy and economic development issues and served on the Finance, Judiciary, Professional Licensure and Tourism committees.
Before he joined the Rendell Administration, Fajt was a partner with Leech Tishman Fuscaldo and Lampl, LLC of Pittsburgh concentrating primarily in the areas of estate planning, and administration and corporate law. Fajt was also legal counsel for tax, corporate, and ERISA for Joy Technologies Inc., a Pittsburgh-based Fortune 500 company.
Fajt earned his law degree from Duquesne University in 1984, where the major emphasis of his studies was taxation. He graduated cum laude from St. Vincent College in Latrobe, Pa., with a Bachelor of Science in Accounting in 1977.
Fajt has a long history as a volunteer for many community and charitable organizations. He was named Big Brother of the Year for Allegheny County in 2002. He has also served on the Board of Directors for the Pittsburgh Blind Association, Beginning with Books, and St. Anne Home. He currently serves on the boards of ACHIEVA and the Burgess-McCormac Foundation.
The Pennsylvania Gaming Control Board is responsible for the regulatory and legal oversight of the gaming industry in the Commonwealth. Its mission is to protect the interest of the public by ensuring the integrity of legalized gaming through the strict enforcement of the law and regulations, the licensing of qualified individuals and entities, and fulfilling the objectives of limited gaming in the Commonwealth. The board is made up of seven members, three of whom are appointed by the governor, and four by the leadership of the General Assembly’s four caucuses.
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