Slot machine revenue rises in Pennsylvania for sixth straight year
4 January 2013HARRISBURG, Pennsylvania -- (PRESS RELEASE) -- The Pennsylvania Gaming Control Board reported today that gross revenue from slot machine gaming for the 2012 calendar year of January through December was $2,470,935,317, or 2.7% higher than in calendar year 2011 when gross revenue totaled $2,405,867,897.
PGCB Chairman William H. Ryan, Jr. says it was the sixth year in a row that Pennsylvania saw an increase in revenue from slot machine gaming, and that tax revenue generated from the play of slots during 2012 was more than $1.3 billion. The first slot machines began operating in the Commonwealth in November 2006.
"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," Ryan says. "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 community-based projects, and property tax relief for all Pennsylvania homeowners."