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Pennsylvania Slot Machine Revenue Increases in 2018/2019 Fiscal Year

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The Pennsylvania Gaming Control Board today reported that slot machine revenue increased 1.1% during the recently completed 2018/2019 state fiscal year compared to the previous fiscal year.

The findings were part of a report posted on the Board’s web site that provides monthly revenue figures for all 12 Commonwealth casinos.

Slot machine revenue was up in 9 of the 12 months during the most recent fiscal year totaling $2,378,859,341 or $26.5 million higher than the $2,352,320,937 generated during the 2017/2018 fiscal year. Tax revenue produced by slot machine play during the 2018/2019 fiscal year totaled $1,237,085,077*.

The Board noted that these figures reflect only slot machine revenue and not total gaming revenue that includes table games.  The Board will provide those figures later this month when it publishes its June 2019 and fiscal year 2018/2019 revenue report for table games.

To date, since the opening of the first casino in November of 2006, revenue from slot machine play has totaled $27 billion resulting in tax generation of $14.5 billion.

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

2015/2016

$2,388,658,549

$1,276,133,621

2016/2017

$2,336,152,508

$1,236,670,146

2017/2018

$2,352,320,937

$1,192,851,503

2018/2019

$2,378,859,341

$1,237,085,077

* Tax revenue figures reflect amounts generated prior to any adjustments by the PA Department of Revenue. Tax revenue figures for FY 2017/2018 were affected by legal changes regarding the Local Share Assessment and by Act 42 of 2017.

The Board is also providing year-over-year slot machine gross revenue comparisons for each casino for the 2018/2019 and 2017/2018 fiscal years:

Casino

Gross Revenue from

Slot Machines

FY 2018/2019

Gross Revenue from

Slot Machines

FY 2017/2018

% Change

Parx Casino

$416,890,976

$400,733,138

4.03%

Wind Creek Bethlehem (formerly Sands)

$295,726,499

$302,054,464

-2.09%

Rivers Casino

$291,107,335

$274,238,465

6.15%

The Meadows Casino

$211,955,727

$209,520,273

1.16%

Hollywood Casino at Penn National Race Course

$205,718,923

$207,355,560

-0.79%

Harrah’s Philadelphia Casino and Racetrack

$196,207,089

$199,718,368

-1.76%

Mohegan Sun Pocono

$194,507,527

$202,793,257

-4.09%

SugarHouse Casino

$182,607,146

$178,910,959

2.07%

Mount Airy Casino Resort

$145,483,303

$146,997,589

-1.03%

Presque Isle Downs and Casino

$114,881,765

$114,436,868

0.39%

Valley Forge Casino Resort

$96,278,435

$86,686,698

11.06%

Lady Luck Casino Nemacolin

$27,494,616

$28,875,296

-4.78%

Statewide Total

$2,378,859,341

$2,352,320,937

1.13%

Finally, the report on the Board’s web site also provides a statewide total and casino-by-casino monthly slot machine revenue for June 2019. During the month of June, the 12 casinos had a slight rise of .5% in gross revenue over June 2018.

Gross revenue for each of the casinos operating in June 2019 is as follows, with the percentage change from the previous June:

Casino

Gross Revenue from

Slot Machines

June 2019

Gross Revenue from

Slot Machines

June 2018

% Change

Parx Casino

$34,632,235

$34,848,793

-0.62%

Wind Creek Bethlehem (formerly Sands)

$24,967,880

$24,656,720

1.26%

Rivers Casino

$24,059,071

$22,977,523

4.71%

The Meadows Casino

$17,613,994

$17,309,316

1.76%

Hollywood Casino at Penn National Race Course

$17,005,540

$17,401,373

-2.27%

Mohegan Sun Pocono

$16,240,403

$16,164,708

0.47%

Harrah’s Philadelphia Casino and Racetrack

$15,829,226

$16,677,142

-5.08%

SugarHouse Casino

$14,981,076

$14,706,899

1.86%

Mount Airy Casino Resort

$12,569,585

$12,853,288

-2.21%

Presque Isle Downs and Casino

$9,881,800

$10,269,029

-3.77%

Valley Forge Casino Resort

$8,463,665

$7,559,802

11.96%

Lady Luck Casino Nemacolin

$2,511,426

$2,339,080

7.37%

Statewide Total

$198,755,901

$197,763,672

0.50%

The average number of operating slot machines during June of this year at the 12 casinos was 24,869 compared to 25,737 in June of last year.

 

About the Pennsylvania Gaming Control Board:

The Pennsylvania Gaming Control Board is tasked to oversee all aspects of the state’s casino industry. In addition to slot machine and table games gambling, this now includes sports wagering offered through land-based sportsbooks at eight locations and through three online outlets. The oversight also includes other new gaming initiatives, expected to be launched in the coming months, which were created through Act 42 of 2017, an amendment to the Race Horse Development and Gaming Act.

The Commonwealth’s casino industry currently consists of 10 stand-alone and racetrack casinos in operation, along with the two smaller resort casinos.  These facilities collectively employ over 16,000 people and annually generate approximately $1.4 billion in tax revenue from slot machine and table games play. The largest portion of that money is used for property tax reduction to Pennsylvania homeowners.

Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at gamingcontrolboard.pa.gov. You can also follow the agency on Twitter by choosing @PAGamingControl.

Source:  Pennsylvania Gaming Control Board

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Gambling in the USA

Games Global Launches Custom Slot Game Caesars Palace Frenzy with Caesars Digital

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Launch marks the first bespoke game launch in the partnership between gaming operator and premier gaming provider

Games Global today announced the exclusive launch of Caesars Palace Frenzy, a Caesars-branded slot title that marks the first bespoke game launch on behalf of Games Global’s partnership with premier gaming operator Caesars Digital. Caesars Palace Frenzy is now exclusively live on Caesars Palace Online Casino in New Jersey with plans to expand to Michigan and Pennsylvania, offering players another highly engaging, operator-specific gaming experience with iconic Caesars Palace branding.

Caesars Palace Frenzy combines the excitement of the Las Vegas Strip’s iconic casino with innovative gaming dynamics crafted by Games Global. Designed exclusively for Caesars Digital online casino players, this game delivers an online slot experience with engaging gameplay, sophisticated graphics and dynamic features like scatter pays, multiplied free spins selected by a concentric wheel and a seven-tier jackpot line-up.

This launch demonstrates Games Global’s continued emphasis on partnering with top iGaming operators to deliver exclusive and custom gaming products to players.

“Working closely with Caesars Digital to create Caesars Palace Frenzy has been an exciting journey,” the Chief Executive Officer for Games Global, Walter Bugno, said. “This game is more than just an online slot experience, it is an adventure that mirrors the thrill and grandeur of one of the world’s most iconic destinations. We’re thrilled to see it come to life and deliver a unique blend of entertainment and gaming.”

“We’re committed to collaborating with top gaming providers to launch custom online casino experiences for our players that can’t be found anywhere else,” the Senior Vice-President and Chief iGaming Officer for Caesars Digital, Matt Sunderland, said. “Caesars Palace Frenzy delivers on that commitment by providing an elevated gaming experience that we’re certain our players will enjoy.”

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Gambling in the USA

Alabama-Coushatta Tribe of Texas Announces Plans to Build New Casino Resort

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The Alabama-Coushatta Tribe of Texas has announced the plans to build a brand-new casino resort on its Tribal lands in Polk County.

“We are incredibly excited to embark on this new chapter. This new casino resort will not only provide significant economic benefits for those living and working in the region, but it will also become a vibrant destination for visitors,” Ricky Sylestine, Chairman of the Tribal Council, said.

While specific details are still being finalized, the new resort may offer a variety of amenities including a state-of-the-art casino floor, hotel accommodations, and diverse dining and entertainment options.

The Tribe has engaged the architectural firm FFKR to design the new resort. FFKR is known for its innovative and creative designs. The Tribe is confident the firm will create a truly exceptional destination.

In addition to the new casino resort, the Tribe is planning an extensive remodel to its existing Ischoopa/One Stop Convenience Store and Truck Stop. The remodel will include adding electronic bingo machines.

The Alabama-Coushatta Tribe of Texas will be releasing news related to the new resort and any additional developments in the coming months.

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Gambling in the USA

BetConstruct to Display Its Products and Services at Sigma Americas

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BetConstruct, a leading company in iGaming technology and services, is heading to Sigma Americas in Sao Paulo, Brazil from April 23-25, 2024.

Sigma Americas is a major event focusing on iGaming with 10,000 delegations and more than 200 professional speakers. This event serves as an exceptional platform for participants to present their innovative offerings, engage with fellow industry leaders, and establish new business relationships.

BetConstruct is poised to introduce its cutting-edge products and solutions to the growing Brazilian market at the upcoming event. As a premier provider of online iGaming solutions, the company will showcase its comprehensive range of services to all attendees, offering diverse solutions tailored to meet their specific needs and preferences.

Moreover, BetConstruct will demonstrate its newest Spettacolare offer by Mr. First, which is a fleeting opportunity to maximise user profits and explore the potential of FTN.

Attendees of the event can find BetConstruct in the Transamerica Expo Center at Stand O60, where they will have the opportunity to gain a comprehensive understanding of BetConstruct’s products and solutions.

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