Slot machine revenue up in Pennsylvania

Revenue increased during December operations in the state. Credits:

The revenue from slot machine operations increased 8% in December, and 1.4% throughout 2018.

US.- The Pennsylvania Gaming Control Board (PGCB) announced on Thursday the latest financial results from gambling operations in the state, which indicate that slot machine revenue increased 8% in December when compared to the same period last year.

The average combined number of slot machines operating daily in Pennsylvania was 25,442 in December of 2018, down by approximately 400 machines when compared to the 25,849 in December of 2017.

The Board also reported that slot machine revenue for calendar year 2018 was US$2.3 billion, the eighth consecutive calendar year in which revenue has topped that figure. That amount was 1.4% higher than slot machine revenue in calendar year 2017.

Moreover, tax revenue generated from slot machine gaming in 2018 was US$1.2 billion, 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.

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