Pennsylvania Unveils July Gambling Results to CasinoWebScripts
According to a report by the Pennsylvania Gaming Control Board, the American state’s slot machine revenues have dropped in July at $204 million. The figure shows a 3.7 percent decrease in comparison with the same period of last year, when the industry generated $212 million, the state having one less casino at that point in time.
Out of all Pennsylvania gambling establishments, 9 of them reported a decrease in gross gaming revenues. The highest loss was experienced by Harrah’s Philadelphia Casino and Racetrack, which saw a 14.57 percent decrease in revenues. The only casino which recorded increasing revenues was Valley Forge Casino Resort with a 57.32 percent gain.
At this moment in time, the Pennsylvania gambling industry employs around 16,000 individuals, all 12 casinos offering table games and slot machines. The Gaming Control Board reported that the gaming and betting industry generates tax revenues of around $4 million each day. Pennsylvania regulators legalized gambling establishments in 2005, casinos collectively generating about $3.1 billion each year. In July, the state opened its 12th casino, which actually boosted gaming revenues by almost 5 percent. The casino software developers at CasinoWebScripts will follow this story closely.
BY CASINOWEBSCRIPTS PUBLISHED 9 August 2013