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Pennsylvania Slot Machine Revenue Increases 4.4% in August

Pennsylvania Slot Machine Revenue Increases 4.4% in August HARRISBURG, Pa., Sept, 2018 — Slot machine revenue in August of this year compared to August 2017 increased by more than $8.5 million according to a report posted today on the Pennsylvania Gaming Control Board’s web site. According to the report, the combined gross revenue from slot machines at the 12 casinos in August of this year was $201,729,431 or 4.4% higher than the August 2017 gross revenue figure of $193,190,478. Gross slot machine revenue for each of the casinos is as follows, with the percentage change reflected over the previous year: Hollywood Casino at Penn National Race Course Harrah’s Philadelphia Casino and Racetrack Tax revenue in August of this year was $105,100,926.* The average number of slot machines operating throughout Pennsylvania was 25,511 in August 2018 compared to 25,814 in August 2017. *Tax revenue figures reflect amount generated prior to any adjustments by the PA Department of Revenue. About the Pennsylvania Gaming Control Board: The Pennsylvania Gaming Control Board is tasked to oversee all aspects of the state’s casino industry, along with oversight of new gaming initiatives created through amendments to the Race Horse Development and Gaming Act recently approved by the signing of Act 42 of 2017. The Commonwealth’s casino industry currently consists of 10 stand-alone and racetrack casinos in operation, along with the two smaller resort casinos.  These facilities collectively employ 17,000 people and annually generate approximately $1.4 billion in tax revenue from slot machine and table games play. The largest portion of that money is used for property tax reduction to all Pennsylvania homeowners. Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at gamingcontrolboard.pa.gov . You can also follow the agency on Twitter by choosing @PAGamingControl. Source: Pennsylvania Gaming Control Board

For the original version including any supplementary images or video, visit https://europeangaming.eu/portal/press-releases/2018/09/06/27535/pennsylvania-slot-machine-revenue-increases-4-4-in-august/

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