Gross revenue from slot machines rose more than 5-percent for the fiscal year that just ended.
The Pennsylvania Gaming Control Board says in figures released this week that gross revenue was up 5.5-percent to nearly $2.5-billion for fiscal year 2011-2012.
The increase includes revenue from the state's 11th casino, Valley Forge Casino Resort, which opened in March. The state says revenue from the existing 10 casinos was also up 4.5-percent. Eight of the 10 existing casinos saw increases, with Harrah's Philadelphia Casino & Racetrack in Chester and Presque Isle Downs Casino in Erie seeing declines.
The state taxes gross revenue from slot machines at 55-percent, generating $1.3-billion last fiscal year.
Monday May 27th
Memorial Day Specials
Remember to Fly the Flag!
Tuesday May 28th
79th District State Rep. John McGinnis
on The State Budget
Wednesday May 29th
Business Spotlight
The Roaring Spring...
Oak Dining Room Table,
in great condition, includes six high back
dining room chairs with blue cushions,
- asking $350 or best offer
Josephine, Altoona 946-3481
Andersen Windows,
used but very good condition,
62" H x 72" W, 6 units, 2...
I would've just posted this on Facebook, but Facebook doesn't allow you to post GIFs (like this little animation).
Maybe the $1.1 BILLION price tag isn't so crazy?
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