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Slot machine revenue up in Pennsylvania

The Pennsylvania Gaming Control Board recently released findings from a report showing that slot machine revenue was up about $16 million or .69 percent to $2,352,320,936 for the recently completed fiscal year. Slot machine revenue for 2016-17 was $2,336,152,508. At Presque Isle Downs & Casino, slot machine gross revenue for 2017-18 was $114,436,868, up 2.17 percent from $112,001,403 for 2016-17, according to the Gaming Control Board. The Erie County casino was one of only five among the 12 in the commonwealth to record a positive change in year-over-year slot machine gross revenue for the 2017-18 and 2016-17 fiscal years, according to figures provided by the board. Valley Forge Casino Resort had the greatest increase at 8.05 percent. Lady Luck Casino Nemacolin had the greatest decrease at 4.29 percent. In June 2018, the 12 casinos combined for nearly 5 percent more gross slot machine revenue than in June 2017. The average number of operating slot machines at all the casinos combines was 25,737 this June, up from 25,685 the year before. The board also reported that revenue from slot machine play has totaled $24.8 billion, resulting in a tax generation of $13.3 billion, since the first casino opened in Pennsylvania in November of 2006. Tax revenue produced through slot machine play for 2017-18 was $1,192,851,503, according to the report.

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