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PA SLOT REVENUE BOUNCES BACK AND THEN SOME IN FEBRUARY, BUT HOLD THE EXCITEMENT by Bill Grinstead

Pennsylvania's brick-and-mortar casinos raked in $189,056,195 in slot machine revenue in February, according to figures released by the Pennsylvania Gaming Control Board. The tally is a welcome rebound from the industry's dismal January numbers, which were likely depressed by unseasonably cold temperatures and the appearance of a blizzard.

But while the $11.2 million month-on-month increase may seem a positive development, the total represents a disappointing 1.67% contraction compared with the same time period last year.

February's lack of growth is not an outlier, and is part of a several-month long trend of sliding slot revenue, a possible indicator that interest in PA's one-armed bandits may be waning.

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