The PA Gaming Board reported Thursday the $2.3 billion in slot machine revenue collected in 2016 was just one quarter of one-percent lower than in 2015.
The 2016 report shows total revenue for 2016 at $2,360,184,122, the sixth consecutive year in which revenue has topped $2.3 billion. That amount is 0.23 percent less than slot machine revenue in 2015 when gross revenue totaled $2,365,651,659.
The highest calendar year for gross slot machine revenue occurred in 2012 when revenue was $2,470,935,317.
Tax revenue generated from slot machine gaming in 2016 was $1,259,648,414• with a significant portion of the revenue used for property tax reduction to all Pennsylvania homeowners, strengthening the Commonwealth’s horse racing industry, and funding economic development projects.
A copy of the report is available online.
