Florida slot revenue rises to $54.9 million in August

Monday, September 30, 2024 2:30 PM
Photo:  Courtesy image
  • Mia Doyle, Special to CDC Gaming

Newly released data from the Florida Gaming Control Commission has revealed that the state’s non-tribal casinos collected almost $54.9 million in net slot revenue in August from around $825.6 million in wagers.

That’s a 1.5 percent year-on-year increase from the $54.1 million generated in August 2023 and a 1.7 percent month-on-month rise compared to July’s nearly $54 million.

With 1,236 machines, Harrah’s Pompano Beach Casino, reported as the Isle Casino & Racing at Pompano Park, led with $9.8 million of the total. While this figure was 9.2 percent higher than in July, it was down 8.8 percent from last August, when Harrah’s collected almost $10.8 million in net slot revenue.

Harrah’s reclaimed the top spot from Magic City Casino in Miami, which led in June and July. Magic City took a close second place with almost $9.7 million in slot revenue from its 996 machines. In third, Hialeah Park Casino collected around $8.4 million from 777 machines. Casino Miami followed with $7.9 million from 984 machines, while the 1,053 machines at Calder Casino produced revenues of $7.5 million.

The remaining casinos – Gulfstream Park Racing, Casino at Dania Beach and Big Easy Casino – each collected less than $5 million in net slot revenue.

The 35 percent slot machine tax in Florida meant that August’s figures resulted in $19.2 million in revenue due to the state, which supports public education through the Educational Enhancement Trust Fund.

Mia Doyle is a news writer for Major League Content, covering the latest stories across the casino and sports betting industry. Mia’s specialties include US gambling business, casino technology, and legislation news. Mia also likes to write about responsible gambling and social responsibility.