by Ray Poirier | While casinos in Atlantic City report substantial declines in their slot machine business, gaming regulators in Pennsylvania report that the six racinos currently operating have been doing terrific business.
In 2007, they reported, the so-called slots parlors generated about $353.3 million for the state that has been applied toward property tax relief. Gov. Ed Rendell, who fought for three years to get the machines approved, believes that when all 14 casino licenses are operating the state will bank more than $1 billion.
Leading the field in money generated per machine/per day, according to Spectrum Gaming research firm, is the Mohegan Sun at Pocono Downs, whose machines have generated more than $400 per day.
Other properties reporting included: Philadelphia Park, $369 per machine; The Meadows racetrack, $347, and Harrah’s Chester, $322.