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Pa. casinos bring in slightly more slot revenue for last fiscal year

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Slot revenue was up for the latest fiscal year at Pennsylvania's 12 casinos. (File photo)
Slot revenue was up for the latest fiscal year at Pennsylvania's 12 casinos. (File photo)

The state gaming commission has reported that Pennsylvania’s 12 casinos saw an overall revenue increase of 0.7 percent for the 2017-2018 fiscal year over the prior fiscal year.

At the same time, the Sands Casino Resort Bethlehem saw a slight dip in slot revenue and the Mount Airy Casino Resort in Mount Pocono saw a greater than average increase. The fiscal year ended on June 30.

All totaled, Pennsylvania’s casinos took in more than $2.35 billion in slot revenue, which is approximately $16 million higher than the $2.34 billion in slot revenue generated during the 2016-2017 fiscal year.

The Sands, which had the second highest gross slot machine revenue after Parx Casino in Bensalem, took in $302 million in slot revenue as compared to $304 million in 2016-2017. That was a 0.69 percent decrease.

Mount Airy had a 3.36 increase in slot revenue – taking in $147 million for 2017-2018 as compared to $142 million the year prior.

However, both of the resorts saw a better June this year when compared to last June in terms of slot revenue.

The Sands had a 2.84 percent increase to $25 million from $24 million the prior June.

Mount Airy had a 5.59 percent increase to $13 million from $12 million the prior June.

The commission said to date, since the opening of the first casino in November 2006, revenue from slot machine play has totaled $24.8 billion, resulting in a tax generation of $13.3 billion.

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Stacy Wescoe

Stacy Wescoe

Writer and online editor Stacy Wescoe has her finger on the pulse of the business community in the Greater Lehigh Valley and keeps you up-to-date with technology and trends, plus what coworkers and competitors are talking about around the water cooler — and on social media. She can be reached at stacyw@lvb.com or 610-807-9619, ext. 4104. Follow her on Twitter at @morestacy and on Facebook. Circle Stacy Wescoe on .

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