Pennsylvania slot machine revenue drops in 2014

PITTSBURGH POST-GAZETTE: …Gross revenue from the state’s 12 casinos totaled $2.31 billion in 2014, down 2.71 percent from the $2.38 billion collected in 2013, according to the Pennsylvania Gaming Control Board.

Richard McGarvey, a gaming board spokesman, attributed the decline to competition from surrounding states, including Ohio, Maryland and New York. He also theorized that the economy was continuing to have an impact on the amount of disposal income available for entertainment like gambling…

Nonetheless, the losses weren’t as bad as in 2013, when gross slot machine revenue plunged 3.51 percent, the first decrease since casinos opened in 2006… (more)

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