During 2017/2018 Fiscal Year

PA Gaming Control Board reports USD 16 M rise in slot machine revenue

Slot machine gross revenue in Parx Casino for the 2017/2018 fiscal year was of USD 400,733,138, A 3.66% changed compared to FY 2016/2017.
2018-07-04
Reading time 1:29 min
Pennsylvania's gambling regulatory body has released a report showing that slot machine revenue in the state increased 0.7% during the recently completed 2017/2018 state fiscal year, compared to the previous fiscal year.

Pennsylvania Gaming Control Board's findings were part of a report posted on its website, which provides monthly revenue figures for all 12 Commonwealth's casinos.

2017/2018 marks the 8th consecutive year of slot machine revenue of over $2.3 billion in the state.

Slot machine revenue was up in 7 of the 12 months during the fiscal year, with a 2017/2018 total of $2,352,320,936, approximately $16 million higher than the $2,336,152,508 generated during the 2016/2017 fiscal year. Tax revenue produced through slot machine play during the 2017/2018 Fiscal Year totaled $1,192,851,503*.

The Board notes that these figures reflect just slot machine revenue and not total gaming revenue that includes table games. The Board will provide those figures later this month when it publishes its June 2018 and Fiscal Year 2017/2018 revenue report for table games.

To date, since the opening of the first casino in November of 2006, revenue from slot machine play has totaled $24.8 billion resulting in a tax generation of $13.3 billion.

Below is a comparison of the statewide slot machine revenue for each Fiscal Year since casinos opened in Pennsylvania:

* Tax revenue figures reflect amounts generated prior to any adjustments by the PA Department of Revenue. Tax revenue figures for FY 2017/2018 were affected by legal changes regarding the Local Share Assessment and by Act 42 of 2017.

The Board is also providing year-over-year slot machine gross revenue comparisons for each casino for the 2017/2018 and 2016/2017 fiscal years:

Finally, the report on the Board website also provides a statewide total and casino-by-casino monthly slot machine revenue for June 2018. During the month of June, the 12 casinos generated nearly 5% more in gross revenue over June 2017.

Gross revenue for each of the casinos operating in June 2018 is as follows, with the percentage change from the previous June:

The average number of operating slot machines this June at the 12 casinos was 25,737 compared to 25,685 in June of last year.

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