January 17, 2017

Little change in Pennsylvania slot machine revenue in 2016

HARRISBURG - There was a quarter of one-percent difference in 2016 calendar year slot machine gross gaming revenue compared to 2015 according to a report released by the Pennsylvania Gaming Control Board.

The report, posted on the Board’s web site www.gamingcontrolboard.pa.gov, shows total revenue for 2016 at $2,360,184,122, the sixth consecutive year in which revenue has topped $2.3 billion. That amount is 0.23% less than slot machine revenue in 2015 when gross revenue totaled $2,365,651,659.  The highest calendar year for gross slot machine revenue occurred in 2012 when revenue was $2,470,935,317.

Mount Airy Casino Resort, in Monroe County, posted a slight 1.57 percent gain for the year, with 2016 slot revenues at just under $142 million.

Tax revenue generated from slot machine gaming in 2016 was $1,259,648,414* with a significant portion of the revenue used for property tax reduction to all Pennsylvania homeowners, strengthening the Commonwealth’s horse racing industry, and funding economic development projects.

Copyright 2017 Statewide News Network, Inc.
Story may not be reproduced in any form without express written consent.

Return to PoconoNews.Net Home Page