Gambling in the USA

Slots boost gaming growth in Pennsylvania

Published

7 years ago

July 5, 2018

Niji Narayan

Slots boost gaming growth in Pennsylvania

Reading Time: < 1 minute

The Pennsylvania Gaming Control Board (PGCB) has reported a US$16m rise in slot machine revenue for the fiscal year 2017/18.

This is a remarkable stat, as it is the eighth consecutive year in which slot machine revenue crosses over $2.3bn.

The revenue rise denotes a 0.7 per cent surge in the 12 casinos of the state. The overall slots revenue was $2.352bn against $2.336bn in the previous year. Tax revenue totalled $1.192bn from those slots. The figures for table games will be released later this month.

Casinos have been established in Pennsylvania since the end of 2006 and during that time a total of $13.3bn in taxes has been taken from the slots alone.

Yielding the highest gross revenues from slots is the Parx Casino, followed by the Sands Casino Resort Bethlehem. In June of this year alone, the Parx generated $34.8m gross from its slots, a 10.37 per cent change.

Source: interGameOnline

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.