PA Gaming Control Board Reports Slight Rise in Slot Machine Revenue During 2014/2015 Fiscal Year

HARRISBURG, Pa. – The Pennsylvania Gaming Control Board this week provided figures for gross revenue and tax generation for slot machine play during the month of June 2015 and for the state Fiscal Year 2014/2015.

Bolstered by a 2.7% increase in slot machine revenue generated at casinos during June of this year compared to the previous June, slot machine revenue also grew during a full fiscal year for the first time since Fiscal Year 2011/2012. In the 12-month period that ended June 30, 2015, slot machine gross revenue was $2,335,787,919 compared to $2,319,890,598 during the 2013/2014 Fiscal Year. Tax revenue produced through slot machine play during the 2014/2015 Fiscal Year totaled $1,247,016,899.

These figures do not include revenue and tax generation during the Fiscal Year from table games. Total casino gaming revenue figures for the 2014/2015 Fiscal Year that include table games will be released by the Board in a couple of weeks.

To date, since the opening of the first slot machine casino in November of 2006, taxes just from slot machine play have totaled $9.9 billion. Tax revenue from slot machines is designated under the Gaming Act to fund homeowner property tax reduction; increase purses and provide health and pension benefits to personnel in the horse racing industry; provide revenue toward economic development projects statewide including water and sewer projects; assist thousands of local fire and emergency companies with annual grants; and, provide a new stream of tax revenue to the county and local governments which host a casino.

About the Pennsylvania Gaming Control Board:

The Pennsylvania Gaming Control Board was established in 2004 and is tasked to oversee all aspects of the state’s casino industry. There are 10 stand-alone and racetrack casinos in operation, along with the two resort casinos. These facilities collectively employ over 17,000 people and generate an average of $3.7 million per day 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 with additional tax revenue going to the horse racing industry, economic development projects, fire companies, county fairs, water and sewer projects, the Commonwealth’s General Fund, and to local governments that host casinos.

Additional information about both the PGCB’s regulatory efforts and Pennsylvania’s gaming industry can be found at www.gamingcontrolboard.pa.gov.

You can also follow the agency on Twitter by choosing @PAGamingControl.


Copyright © 2021 EYT Media Group, Inc. All rights reserved. Any copying, redistribution or retransmission of the contents of this service without the express written consent of EYT Media Group, Inc. is expressly prohibited.

Comments are temporarily closed. A new and improved comments section will be added soon.