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PA Slot Machine Projections

One of the main reasons for Pennsylvanians to vote in slot machines was that they are supposed to help them with their property taxes. The amount of money that homeowners are paying toward helping out the public school system is staggering. But while they are waiting to see how much they can expect to see from the slot machines, various groups are making their projections as to how much slot machine revenue they can actually expect to come into the state.

Each group has its own estimate of what they believe there will be. The goal is to have $1 billion a year in property tax relief paid for by the slot machine revenue. In order to make this mark, the state’s Revenue Department is banking on there being 37,000 slot machines up and running, each bringing in an average of $230 a day. They are also planning on another 1,000 slot machines bringing in $150 a day on average.

According to the Pennsylvania Gaming Board, here are the other projections:

The Northeast Regional Average is $265 a day
The track applicants are planning on $252 a day
The Pennsylvania Department of Revenue has listed $252 a day
The Gaming Control Board says $189 a day

So depending on who you ask, there is some disparity between the slot machine revenue pricing, which leaves homeowners wondering who is right, and how much property tax help will they actually see out of this.

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