Casino revenue drops again

casinoHARRISBURG, Pa. (AP) – Revenues at Pennsylvania’s 12 casinos have dropped for a second straight year.

State regulators say gross revenue declined 1.44 percent to just over $3 billion in 2014.

The Pennsylvania Gaming Control Board released the year-end numbers on Thursday. They show that Pennsylvania casinos raked in $750 million from table games, a nearly 3 percent increase over 2013. But it wasn’t enough to offset a slightly bigger decline in slot-machine play.

The casino industry ended the year on a strong note. December revenues were up more than 8 percent.

Pennsylvania’s gambling market is the nation’s second largest after Las Vegas in terms of gross revenue, and No. 1 in taxes collected.

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