Pennsylvania casino revenues drop for second year

CENTRE TIMES / AP: Pennsylvania’s casino industry has suffered its second straight year of declining revenue, a reflection of increased competition as East Coast states try to keep their own gamblers at home.

Gross revenue at the state’s 12 casinos dropped 1.44 percent in 2014 to just over $3 billion, according to the Pennsylvania Gaming Control Board. That’s on top of a 1.4 percent decline in 2013 after six years of growth.

Pennsylvania casinos took in $750 million from table games last year, a nearly 3 percent increase over 2013, and collected $2.3 billion from the slots, a 2.7 percent decline… (more)

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