Pa. reports first annual slots revenue decrease - 21 News Now, More Local News for Youngstown, Ohio -

Pa. reports first annual slots revenue decrease

Posted: Updated:

PHILADELPHIA (AP) - State gambling regulators say gross revenue from slot machines was down nearly 2% during the fiscal year that just ended, the first decline since Pennsylvania's casinos started coming online more than six years ago.

The Pennsylvania Gaming Control Board says the state's 11 casinos generated $2.4 billion from slot machines during the 12-month period that ended Sunday. That's down 1.9% from the slots revenues during the previous fiscal year.

The state taxes slot machines at a rate of about 55%. Tax revenue from slot machines during the last fiscal year was $1.3 billion, down nearly 3% from the year before.

Pennsylvania is the nation's second-largest gambling market after Las Vegas. The state approved casino gambling in 2004 and the first casino opened in November 2006.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • SpotlightSpotlightMore>>

  • Updated

    The Scrappers host “POPS at the Ballpark” featuring the Youngstown Symphony Orchestra

    The Scrappers host “POPS at the Ballpark” featuring the Youngstown Symphony Orchestra

    Tuesday, April 15 2014 2:04 PM EDT2014-04-15 18:04:57 GMT
    NILES, Ohio – The Mahoning Valley Scrappers and the Youngstown Symphony Orchestra are excited to host one of the Valley's premiere summer events, POPS at the Ballpark,More >>
    NILES, Ohio – The Mahoning Valley Scrappers and the Youngstown Symphony Orchestra are excited to host one of the Valley's premiere summer events, POPS at the Ballpark, presented by Stanley E. Shearer with Northwestern Mutual and 21 WFMJ on Saturday, August 23, 2014 at Eastwood Field.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 Worldnow and WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms