The 12 casinos located in the state of Pennsylvania have done well over the past few months in regards to revenue earnings, with the fiscal year just coming to completion. Revenue reports show that the fiscal year totals hit an all-time high, with gamblers losing 3.6%. Yesterday, the Pennsylvania Gaming Control Board released the revenue figures which showed the gaming venues earning more than $3.2 billion for the twelve month time frame, ending on the 30th of June.
This amount is much higher than the figures from the last fiscal year, actually $112 million more. For the previous record 2012-13 fiscal year, the numbers are $86 million more. Slot revenues for the casinos was up 2.3% on the year with $2.4 billion in earnings. Table game revenues also saw an increase, rising almost 8% with earnings of $839 million.
Seven of the 12 casinos in Pennsylvania saw an increase in both slot and table gaming. Declines in both categories only took place at Hollywood Casino at Penn National Racecourse.. Tax revenues have been estimated by the Gambling Control Board to be at around $1.4 billion for the year. This is also a record high for the state.