HARRISBURG, Pa., Jan. 6, 2016 /PRNewswire-USNewswire/ -- The Pennsylvania Gaming Control Board reported today that gross revenue from slot machine gaming for the 2015 calendar year rose 2% over 2014 figures, topping $2.3 billion for the fifth consecutive year.
A report with these figures has been posted on the Board's web site, www.gamingcontrolboard.pa.gov.
The report shows that total revenue for 2015 was $2,365,651,659 or 1.99% above calendar year 2014 when gross revenue totaled $2,319,534,380.
Tax revenue generated from slot machine gaming in 2015 was $1,263,320,954(*). Slot machine tax revenue is used for property tax reduction to all Pennsylvania homeowners along with strengthening the Commonwealth's horse racing industry, funding economic development projects, providing grants to fire companies, county fairs and agricultural groups, assisting in the payment of water and sewer projects, and as a source of extra revenue to the local governments that host casinos.
Gross slot machine revenue produced at each casino during 2015 compared to 2014, including percentage change, is as follows.
Casino 2015 2014 % change
------ ---- ---- --------
Parx Casino $379,077,876.63 $360,755,915.19 5.08%
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Sands Casino
Resort Bethlehem $299,528,645.61 $280,979,455.92 6.60%
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Rivers Casino $276,950,115.67 $276,936,722.40 0.00%
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The Meadows
Racetrack and
Casino $220,233,130.31 $217,289,559.19 1.35%
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Harrah's
Philadelphia
Casino and
Racetrack $218,365,367.95 $217,836,232.03 0.24%
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Mohegan Sun
Pocono $216,419,629.20 $217,175,321.28 -0.35%
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Hollywood Casino
at Penn National
Race Course $215,578,963.67 $213,954,040.34 0.76%
----------------- --------------- --------------- ----
SugarHouse Casino $174,263,728.28 $174,368,864.12 -0.06%
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Mount Airy Casino
Resort $139,765,234.83 $140,635,829.05 -0.62%
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Presque Isle
Downs and Casino $117,495,808.92 $119,440,853.72 -1.63%
----------------- --------------- --------------- -----
Valley Forge
Casino Resort $78,059,249.62 $73,495,316.59 6.21%
-------------- -------------- -------------- ----
Lady Luck Casino
Nemacolin $29,913,907.94 $26,666,269.85 12.18%
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Statewide Total $2,365,651,658.63 $2,319,534,379.68 1.99%
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The Board also posted on its web site the monthly slot machine revenue report for December of 2015 which showed an increase of 4.8% in gross revenue generated over December of 2014.
According to the report, the play of slot machines produced over $9 million more in gross revenue this December, $197,547,427, compared to the $188,426,686 in gross revenue generated in December of last year.
The average combined number of slot machines operating daily was 26,229 in December of 2015 compared to 26,377 in December of 2014.
Monthly gross revenue and percentage change for each of the casinos operating is as follows:
Casino December 2015 December 2014 % change
------ ------------- ------------- --------
Parx Casino $32,970,391.14 $30,718,103.73 7.33%
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Sands Casino
Resort Bethlehem $25,097,334.09 $23,243,084.32 7.98%
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Rivers Casino $23,217,809.74 $23,023,642.50 0.84%
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The Meadows
Racetrack and
Casino $19,074,748.27 $17,096,414.17 11.57%
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Harrah's
Philadelphia
Casino and
Racetrack $18,627,213.14 $18,423,475.56 1.11%
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Mohegan Sun
Pocono $18,457,554.44 $17,224,482.77 7.16%
----------- -------------- -------------- ----
Hollywood Casino
at Penn National
Race Course $17,268,989.94 $17,263,726.50 0.03%
----------------- -------------- -------------- ----
SugarHouse Casino $13,778,137.31 $13,939,209.98 -1.16%
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Mount Airy Casino
Resort $11,117,521.02 $10,262,897.63 8.33%
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Presque Isle
Downs and Casino $9,461,408.48 $8,994,568.34 5.19%
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Valley Forge
Casino Resort $6,375,314.64 $6,065,172.14 5.11%
-------------- ------------- ------------- ----
Lady Luck Casino
at Nemacolin $2,101,004.56 $2,171,907.87 -3.26%
---------------- ------------- ------------- -----
Statewide Total $197,547,426.77 $188,426,685.51 4.84%
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Final 2015 calendar year figures for all casino gaming will be available later this month when the Board receives and posts its December table games revenue report on its web site.
*annual tax revenue figures reflect amount generated prior to any adjustments by the PA Department of Revenue
About the Pennsylvania Gaming Control Board:
The Pennsylvania Gaming Control Board was established in 2004 and is tasked to oversee all aspects of the state's casino industry. There are 10 stand-alone and racetrack casinos in operation, along with the two resort casinos. These facilities collectively employ over 17,000 people and generate an average of $3.7 million per day in tax revenue from slot machine and table games play. The largest portion of that money is used for property tax reduction to all Pennsylvania homeowners with additional tax revenue going to the horse racing industry, economic development projects, fire companies, county fairs, water and sewer projects, the Commonwealth's General Fund, and to local governments that host casinos.
Additional information about both the PGCB's regulatory efforts and Pennsylvania's casino gaming industry can be found at www.gamingcontrolboard.pa.gov. You can also follow the agency on Twitter by choosing @PAGamingControl.
CONTACTS: Doug Harbach or Richard McGarvey
(717) 346-8321
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/2015-pennsylvania-slot-machine-revenue-up-2-over-previous-year-300199835.html
SOURCE Pennsylvania Gaming Control Board
