Yesterday, the Pennsylvania Gaming Control Board released information regarding the state’s twelve casinos slot machine gaming revenues. In 2017, the slot machines in operation at the gaming venues managed to bring in $2.33 billion. This was just shy of 2016’s slot win of $2.36 billion.
The decrease in total slot revenue win for the year is disappointing, especially considering how the state of Pennsylvania is set to expand their gambling industry in several ways beginning this year. In October, the state passed a gaming reform package into law, which would allow for online casino games like slots and table games, plus poker, satellite casinos, gaming at truck stops and more.
Pennsylvania’s Casinos Generate $3 Billion Annually
The casinos of Pennsylvania continue to generate around $3 billion+ each year in gambling revenues but neighboring states continue to cut into profit margins. Between the 12 casinos in operation, around 26,000 slot games are currently offered. This number should increase based on the new gaming package as casinos with certain licensing can now add more slot games. This should help the overall bottom line of slots in the state when it comes to revenues, but only time will tell if this will ring true.
While the $2.33 billion earned via slots this year is a decrease from the previous year, it marks the seventh year running that the state has seen slot revenues above the $2.3 billion mark.
Table Games Bring The Money
Table games seem to do better for the state and the details of 2017’s revenues of such games have yet to be released. The Gaming Control Board should provide these numbers later in the month. It will certainly be interesting to see how the table games held up last year as well as how new gaming expansions will play in on overall totals for 2018. We have a whole year to watch and see how Pennsylvania deals with their upcoming expansions.