Pennsylvania slot revenues up in 2012 for sixth consecutive year
According to the PGCB, it was the sixth year in a row that Pennsylvania saw an increase in revenue from slot machine gaming. The tax revenue generated from the play of slots during 2012 was more than $1.3 billion.
"While competition for gaming dollars from bordering states will continue to escalate, the revenue results from legalized casino gaming in Pennsylvania continue to be strong," said William H. Ryan, Jr., PGCB chairman. "In addition, a healthy casino industry has resulted in the employment of more than 16,000 persons, stability in the Commonwealth's horse racing industry, funds for major economic development and communityâbased projects, and property tax relief for all Pennsylvania homeowners."
The report showed that in terms of slot machine play, Parx Casino ranked tops among the state’s 11 gaming facilities, generating $385.5 million in gross machine revenue, easily outpacing Sands Casino Resort Bethlehem ($291.5 million) and Rivers Casino ($282.1 million). Sugarhouse Casino in Philadelphia experienced the largest uptick in yearly slot business, generating $190.1 million in gross revenue for 2012, 11.24 percent more than the $170.9 million the facility earned in 2011. Parx Casino (2.10 percent), Sands Casino (7.60 percent), Rivers Casino (2.35 percent), The Meadows Racetrack and Casino (0.16 percent) and Mount Airy Casino Resort (2.79 percent) also experience year-over-year slot revenue growth.