The state's 12 casinos had combined revenue of $3.2 billion

Pennsylvania's slots revenue up, table games down in last fiscal year

According to the latest annual report by the PGCB, total tax revenues since the first casino opened in 2006 in Pennsylvania has been $17 billion.
2019-10-04
Reading time 2:34 min
Slot machines accounted for most of the total at $2.38 billion, while table games brought in $885.6 million, down from $895.2 million in the previous fiscal year. Sports wagering, which began in November, brought in $21.7 million with tax revenue of $7.8 million. Total tax revenue was $1.4 billion.

Pennsylvania's 12 casinos had combined revenue of $3.2 billion in the 2018-19 fiscal year, according to Pennsylvania Gaming Control Board's annual report, which was released Tuesday.

Slot machines accounted for most of the total at $2.38 billion, while table games brought in $885.6 million. Total tax revenue was $1.4 billion. In the previous fiscal year, the PGCB reported slots revenue of $2.35 billion and tables games revenue of $895.2 million.

Sports wagering, which began in November, brought in $21.7 million with tax revenue of $7.8 million. Fantasy sports contests, which began in May 2018, had revenue of $23.5 million with tax revenue of $3.5 million.

Chairman David M. Barasch noted that the control board's staff has seen an increased workload with the new gaming initiatives, such as sports wagering, digital gaming and the approval of Category 4 satellite casinos.

"It is important to first note that land-based casino gaming in the Commonwealth continues its strong performance," Barasch said in a statement. "That is great news for all Pennsylvanians. The industry supports 16,000 living wage jobs and provided $1.4 billion in tax revenue during the most recent fiscal year from slot machines and table game play." He added that total tax revenues since the first casino opened in 2006 has been $17 billion.

Wyomissing-based Penn National Gaming operates two Category 1 casinos — those that include horse racing — in the state: Hollywood Casino at Penn National Race Course and The Meadows Racetrack and Casino. The two combined for total revenue of $491.3 million with $417.6 million from slots, $71.3 million from table games and $2.3 million from sports wagering. Tax revenue was $230 million.

Broken down, Hollywood Casino — located in East Hanover Township, Dauphin County — had slots revenue of $205.7 million, table games revenue of $36.3 million and sports wagering revenue of $2.3 million. The Meadows — located in North Strabane Township, Washington County — had slots revenue of $211.9 million and table games revenue of $35 million.

Penn National also played a role in what was the biggest development of the past year — the expansion of gaming to include smaller Category 4 casinos, which were authorized by the Gaming Expansion Act of 2017.

Two of the licenses were obtained through auctions by Penn National, and the PGCB approved one of them for a site in Caernarvon Township. Construction has begun at the site, which is located along Route 10, near the Pennsylvania Turnpike entrance. The other license, which would be for Spingettsbury Township, York County, is still waiting for approval.

Additionally, there is a Category 2 facility that is licensed but under construction in the City of Philadelphia. It is expected to open in December 2020.

Another part of gaming expansion was the authorization for truck stops to place up five video gaming terminals. Rutter's convenience stores have been active in installing the machines at select locations, opening its first in August. Its newest location in Ontelaunee Township will eventually house VGTs, which will be operated in conjunction with Marquee by Penn, a subsidiary of Penn National Gaming.

As for digital gaming, the PGCB reported that 27 of 39 certificates were claimed by casino license holders and five by qualified gaming businesses that have yet to receive a license. During the fiscal year, all license holders were approved to offer interactive games with $94 million in fees collected.

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