January 6, 2016

2015 Slot Machine Revenue Up 2 Percent Over 2014

The Gaming Control Board Wednesday reported gross revenue from slot machine gaming for the 2015 calendar year rose 2 percent over 2014 figures, topping $2.3 billion for the fifth consecutive year.
The report shows total revenue for 2015 was $2,365,651,659 or 1.99 percent 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.
Visit Here for a more detailed report on slots revenue.