Slots revenue for state fiscal year down for first time
Slot machine revenue at casinos in Pennsylvania fell again in June and ended the 2012-13 year down nearly 2 percent, according to the Pennsylvania Gaming Control Board.
Although slight, it’s the first state fiscal year since casino gaming began in the commonwealth in which slots revenue fell compared with the prior period, according to a news release from the board.
Casinos started opening in Pennsylvania in 2006.
Of the first 10 facilities to come online, all but one saw slots revenue drop in the 2012-13 year. The lone exception of the 10 was the Sands Casino Resort Bethlehem in Eastern Pennsylvania that was up more than 1.6 percent to nearly $291 million, according to the release.
Valley Forge Casino Resort makes 11 but opened toward the end of the 2011-12 fiscal year, skewing comparison.
Hollywood Casino at Penn National Race Course in Dauphin County recorded a decline of about 4.9 percent for the fiscal year to more than $238 million but was about even for June with revenue of about $20 million, the release stated.
Total gross slots revenue in Pennsylvania in the 2012-13 year was more than $2.4 billion. The overall tally for June was a little more than $199 million -- a decline of nearly 3 percent.