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You Can Thank Valley Forge For PA Slot Revenue’s Annual Growth

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Valley Forge slot revenue increase

Pennsylvania slot machine revenue increased 1.1%  during the recently completed 2018/2019 state fiscal year compared to the previous fiscal year. The findings represented a report posted Monday by Pennsylvania Gaming Control Board (PGCB) that provides monthly revenue figures for all 12 Commonwealth casinos.

Pennsylvania slot machine revenue numbers

Slot machine revenue was up in nine of the 12 months during the most recent fiscal year totaling $2,378,859,341 or $26.5 million higher than the $2,352,320,937 generated during the 2017/2018 fiscal year. Tax revenue produced by slot machine play during the 2018/2019 fiscal year totaled $1,237,085,077.

Tax revenue figures reflect amounts generated prior to any adjustments by the PA Department of Revenue. The tax figures for FY 2017/2018 were affected by legal changes regarding the Local Share Assessment and by Act 42 of 2017.

PGCB noted that these figures reflect only slot machine revenue and not total gaming revenue that includes table games.  PGCB will provide those figures later this month when it publishes its June 2019 and fiscal year 2018/2019 revenue report for table games.

To date, since the opening of the first casino in November of 2006, revenue from slot machine play has totaled $27 billion, resulting in tax generation of $14.5 billion.

2019 casino-by-casino slot machine revenue

PGCB provided year-over-year slot machine gross revenue comparisons for each casino for the 2018/2019 and 2017/2018 fiscal years.

CasinoGross Revenue from

Slot Machines

FY 2018/2019
Gross Revenue from

Slot Machines

FY 2017/2018
% Change
Parx Casino$416,890,976$400,733,1384.03%
Wind Creek Bethlehem (formerly Sands)$295,726,499$302,054,464-2.09%
Rivers Casino$291,107,335$274,238,4656.15%
The Meadows Casino$211,955,727$209,520,2731.16%
Hollywood Casino at Penn National Race Course$205,718,923$207,355,560-0.79%
Harrah's Philadelphia Casino and Racetrack$196,207,089$199,718,368-1.76%
Mohegan Sun Pocono$194,507,527$202,793,257-4.09%
SugarHouse Casino$182,607,146$178,910,9592.07%
Mount Airy Casino Resort$145,483,303$146,997,589-1.03%
Presque Isle Downs and Casino$114,881,765$114,436,8680.39%
Valley Forge Casino Resort$96,278,435$86,686,69811.06%
Lady Luck Casino Nemacolin$27,494,616$28,875,296-4.78%
Statewide Total$2,378,859,341$2,352,320,9371.13%

Big winners: Parx, Valley Forge

Parx Casino continues to reign as king of the Commonwealth. Their gross revenue from slot machines was $416,890,976, a 4.03% bump from the previous fiscal year. Wind Creek Bethlehem (formerly Sands), finished a distant second with $295,726,499.

Valley Forge Casino saw the biggest percentage change (11.96%) compared to the previous fiscal year. In Jan. 2019, Valley Forge Casino Resort 250 new slot machines were added to the expanded and renovated gaming floor. In Nov. 2017, Valley Forge Casino paid the state $1 million to remove the amenity fee provision. The provision required all casino players to either be guests at the hotel or pay a fee to use the property’s amenities.

Slot revenue in Pennsylvania through the years

Below is a comparison of the statewide slot machine revenue for each fiscal year since casinos opened in Pennsylvania:

State Fiscal Years

(July 1 – June 30)
Gross Revenue from

Slot Machines
Tax Revenue from

Slot Machines*
2006/2007$454,579,636$250,018,898
2007/2008$1,404,753,259$772,614,293
2008/2009$1,754,002,790$964,701,535
2009/2010$2,164,839,765$1,190,592,417
2010/2011$2,346,641,869$1,283,992,674
2011/2012$2,476,775,317$1,345,087,522
2012/2013$2,428,887,430$1,308,622,258
2013/2014$2,319,890,598$1,241,218,137
2014/2015$2,335,787,919$1,247,016,899
2015/2016$2,388,658,549$1,276,133,621
2016/2017$2,336,152,508$1,236,670,146
2017/2018$2,352,320,937$1,192,851,503
2019/2020$2,378,859,341$1,237,085,077

* Tax revenue figures reflect amounts generated prior to any adjustments by the PA Department of Revenue. Tax revenue figures for FY 2017/2018 were affected by legal changes regarding the Local Share Assessment and by Act 42 of 2017.

June slot revenue numbers

Gross revenue for each of the casinos operating in June 2019 is as follows, with the percentage change from the previous June:

Casinofrom

Slot Machines

June 2019
Gross Revenue from

Slot Machines

June 2018
% Change
Parx Casino$34,632,235$34,848,793-0.62%
Wind Creek Bethlehem (formerly Sands)$24,967,880$24,656,7201.26%
Rivers Casino$24,059,071$22,977,5234.71%
The Meadows Casino$17,613,994$17,309,3161.76%
Hollywood Casino at Penn National Race Course$17,005,540$17,401,373-2.27%
Mohegan Sun Pocono$16,240,403$16,164,7080.47%
Harrah's Philadelphia Casino and Racetrack$15,829,226$16,677,142-5.08%
SugarHouse Casino$14,981,076$14,706,8991.86%
Mount Airy Casino Resort$12,569,585$12,853,288-2.21%
Presque Isle Downs and Casino$9,881,800$10,269,029-3.77%
Valley Forge Casino Resort$8,463,665$7,559,80211.96%
Lady Luck Casino Nemacolin$2,511,426$2,339,0807.37%
Statewide Total$198,755,901$197,763,6720.50%

About

Katie Kohler is a Philadelphia-area based award-winning journalist. She covers the Pennsylvania gambling industry with an emphasis on sports betting, online casino/poker and the lottery.

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