{"id":4061,"date":"2018-01-04T15:38:11","date_gmt":"2018-01-04T20:38:11","guid":{"rendered":"http:\/\/www.slotsmamma.com\/blog\/?p=4061"},"modified":"2018-05-16T15:47:39","modified_gmt":"2018-05-16T19:47:39","slug":"pennsylvania-slot-machines-make-24-million-less-2017","status":"publish","type":"post","link":"https:\/\/www.slotsmamma.com\/blog\/pennsylvania-slot-machines-make-24-million-less-2017\/","title":{"rendered":"Pennsylvania Slot Machines Make $24 Million Less in 2017"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignright size-medium wp-image-4063\" src=\"http:\/\/www.slotsmamma.com\/blog\/wp-content\/uploads\/2018\/01\/pennsylvania-slot-machines-1-300x210.jpg\" alt=\"\" width=\"300\" height=\"210\" srcset=\"https:\/\/www.slotsmamma.com\/blog\/wp-content\/uploads\/2018\/01\/pennsylvania-slot-machines-1-300x210.jpg 300w, https:\/\/www.slotsmamma.com\/blog\/wp-content\/uploads\/2018\/01\/pennsylvania-slot-machines-1-768x538.jpg 768w, https:\/\/www.slotsmamma.com\/blog\/wp-content\/uploads\/2018\/01\/pennsylvania-slot-machines-1-1024x717.jpg 1024w, https:\/\/www.slotsmamma.com\/blog\/wp-content\/uploads\/2018\/01\/pennsylvania-slot-machines-1.jpg 1140w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>Pennsylvania made $2.33 billion in slots revenue in 2017. However, this is a 1 percent decrease from the previous year, when Pennsylvania slot machines earned $2.36 billion.<\/p>\n<p>Figures from the Pennsylvania Gaming Control Board show that the state&#8217;s slot machines earned approximately $24 million less than in 2016.<\/p>\n<p><H2>Breakdown of Pennsylvania Slots Revenue<\/H2><\/p>\n<p>According to the <a href=\"http:\/\/www.post-gazette.com\/business\/development\/2018\/01\/03\/Pa-slot-machine-revenues-down-24-million-from-previous-year-Meadows-Rivers-Casino-Nemacolin-gamble\/stories\/201801030190\" class=\"external\" rel=\"nofollow\">Pittsburgh Post-Gazette<\/a>, slot machines generated the following at local Pittsburgh casinos:<\/p>\n<ul>\n<li>Rivers Casino on the North Shore generated $269.8 million in 2017 slots revenue &#8211; This is a 1.77 percent increase.<\/li>\n<li>Meadows Racetrack and Casino in Washington County generated $214.3 million &#8211; This is a 3.31 percent decrease.<\/li>\n<li>Lady Luck Casino at Nemacolin Woodlands Resort generated $30.1 million &#8211; This is a 2.8 percent increase.<\/li>\n<\/ul>\n<p>As you can see, at least Lady Lucky Casino managed to increase its slots revenue from the previous year. But the other two Pittsburgh casinos took in fewer slots profits.<\/p>\n<p>Pennsylvania has 12 casinos in all, and most of them were down in terms of slots revenue.<\/p>\n<p><H2>Still a Good Year Overall<\/H2><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignright size-full wp-image-4064\" src=\"http:\/\/www.slotsmamma.com\/blog\/wp-content\/uploads\/2018\/01\/pennsylvania-slot-machines.jpg\" alt=\"\" width=\"259\" height=\"194\" \/>While the Keystone State can&#8217;t be happy about their lack of slots growth in 2017, there&#8217;s some good news to report. Pennsylvania slot machines topped $2.3 billion for the seventh consecutive year.<\/p>\n<p>Given that most states don&#8217;t even make $1 billion overall from their casino gambling revenue, Pennsylvania has reason to celebrate.<\/p>\n<p>They can also take solace in the fact that the slot machines produced almost $1.2 billion in revenue for state projects and property tax reductions. Pennsylvania taxes slots revenue at 54 percent, which is one of the highest rates in the country.<\/p>\n<p>It&#8217;s unclear what we can expect heading into 2018. But the state would likely be happy if their slot machines can replicate what they made in 2016.<\/p>\n<p>Whether or not they can pull off this feat will likely depend upon how the nation&#8217;s economy goes in 2018. After all, casino gaming revenue is loosely tied to economic performance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pennsylvania made $2.33 billion in slots revenue in 2017. However, this is a 1 percent decrease from the previous year, when Pennsylvania slot machines earned $2.36 billion. Figures from the Pennsylvania Gaming Control Board show that the state&#8217;s slot machines earned approximately $24 million less than in 2016. Breakdown of Pennsylvania Slots Revenue According to &#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,12],"tags":[],"_links":{"self":[{"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/posts\/4061"}],"collection":[{"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/comments?post=4061"}],"version-history":[{"count":5,"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/posts\/4061\/revisions"}],"predecessor-version":[{"id":4335,"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/posts\/4061\/revisions\/4335"}],"wp:attachment":[{"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/media?parent=4061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/categories?post=4061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.slotsmamma.com\/blog\/wp-json\/wp\/v2\/tags?post=4061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}