PRESS RELEASE
During 2014/2015 Fiscal Year
HARRISBURG, PA: The Pennsylvania Gaming Control Board today provided figures for gross revenue and tax generation for slot machine play during the month of June 2015 and for the state Fiscal Year 2014/2015.
Bolstered by a 2.7% increase in slot machine revenue generated at casinos during June of this year compared to the previous June, slot machine revenue also grew during a full fiscal year for the first time since Fiscal Year 2011/2012. In the 12-month period that ended June 30, 2015, slot machine gross revenue was $2,335,787,919 compared to $2,319,890,598 during the 2013/2014 Fiscal Year. Tax revenue produced through slot machine play during the 2014/2015 Fiscal Year totaled $1,247,016,899.
These figures do not include revenue and tax generation during the Fiscal Year from table games. Total casino gaming revenue figures for the 2014/2015 Fiscal Year that include table games will be released by the Board in a couple of weeks.
To date, since the opening of the first slot machine casino in November of 2006, taxes just from slot machine play have totaled $9.9 billion. Tax revenue from slot machines is designated under the Gaming Act to fund homeowner property tax reduction; increase purses and provide health and pension benefits to personnel in the horse racing industry; provide revenue toward economic development projects statewide including water and sewer projects; assist thousands of local fire and emergency companies with annual grants; and, provide a new stream of tax revenue to the county and local governments which host a casino.
Below is a comparison of the statewide slot machine revenue for each Fiscal Year since casinos opened in Pennsylvania:
|
State Fiscal Years (July 1 – June 30) |
Gross Revenue from Slot Machines |
Tax Revenue from Slot Machines* |
|
2006/2007 |
$454,579,636 |
$250,018,898 |
|
2007/2008 |
$1,404,753,259 |
$772,614,293 |
|
2008/2009 |
$1,754,002,790 |
$964,701,535 |
|
2009/2010 |
$2,164,839,765 |
$1,190,592,417 |
|
2010/2011 |
$2,346,641,869 |
$1,283,992,674 |
|
2011/2012 |
$2,476,775,317 |
$1,345,087,522 |
|
2012/2013 |
$2,428,887,430 |
$1,308,622,258 |
|
2013/2014 |
$2,319,890,598 |
$1,241,218,137 |
|
2014/2015 |
$2,335,787,919 |
$1,247,016,899 |
*Tax revenue in this chart does not include approximately $335 million of Local Share Assessment “true-ups” that are assessed to assure that promised revenue per the Gaming Act is disbursed to the communities that host a casino. The addition of the “true-up” tax brings total tax revenue from slot machines to $9.9 billion.
The Board is also providing year-over-year slot machine gross revenue comparison for each casino for the 2014/2015 and 2013/2014 Fiscal Years:
|
Casino |
Gross Revenue |
Gross Revenue FY 2013/14 |
% change |
|
FY 2014/15 |
|||
|
Parx Casino |
$370,535,323 |
$354,730,245 |
4.46% |
|
Sands Casino Resort Bethlehem |
$288,926,219 |
$280,390,252 |
3.04% |
|
Rivers Casino |
$277,902,931 |
$277,076,321 |
0.30% |
|
Harrah's Philadelphia Casino and Racetrack |
$218,881,871 |
$219,032,865 |
-0.07% |
|
Hollywood Casino at Penn National Race Course |
$215,164,502 |
$216,765,149 |
-0.74% |
|
The Meadows Casino |
$214,000,719 |
$220,846,999 |
-3.10% |
|
Mohegan Sun Pocono |
$212,316,779 |
$219,010,030 |
-3.06% |
|
SugarHouse Casino |
$175,884,400 |
$175,787,872 |
About the Pennsylvania Gaming Control Board
The Pennsylvania Gaming Control Board is tasked to oversee all aspects of gambling involving 17 land-based casinos, online casino games, retail and online sports wagering, and Video Gaming Terminals (VGTs) at qualified truck stops, along with the regulation of online fantasy sports contests.
The land-based casino industry in Pennsylvania consists of six racetrack (Category 1) casinos, five stand-alone (Category 2) casinos, two resort (Category 3) casinos and four mini-casinos (Category 4). A significant job generator in the Commonwealth, casinos and the other types of Board-regulated gaming generated $2.8 billion in tax revenue and fees in 2024/25.
Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at gamingcontrolboard.pa.gov.