March 31, 2025 Marija D
Florida’s non-tribal casinos generated a combined $58.4 million in net slot revenue in February, reflecting a slight 0.1% decline from February 2024’s $58.5 million, according to the Florida Gaming Control Commission (FGCC). This marks a continued fluctuation in revenue figures as the industry adapts to shifting market conditions.
Among the eight non-tribal casinos in Florida state, only two sured the $10 million mark in revenue. Harrah’s Pompano Beach Casino led with $11.1 million, though this reflected a 6.4% decrease from its $11.8 million earnings in February 2024. Magic City Casino followed closely with $11 million, experiencing a 7.4% year-over-year increase from $10.2 million.
Several other casinos also reported notable figures. Hialeah Park Casino posted $8 million in slot revenue, representing a 3.2% increase compared to the $7.7 million reported in February of the previous year. Calder Race Course reported $7.3 million in revenue, reflecting an 8.9% decrease year-over-year. Casino Miami recorded $7.1 million in earnings, marking an 8.8% decline. Meanwhile, Gulfstream Park Racing & Casino generated $5.7 million in revenue, an 8.4% increase from last year’s $5.3 million.
The total revenue for Florida’s eight non-tribal casinos showed a marginal decline, dropping 0.1% year-over-year and 2.2% from January 2025’s total. The decline is relatively minor, reflecting the overall stability of the market despite fluctuations among individual casinos. Some venues experienced significant year-over-year growth, while others reported declines.
Slot tax revenue collected by the state for February reached $20.4 million. Florida’s non-tribal casinos contribute a portion of their earnings to the state through gaming taxes, which help public initiatives and programs.
In a separate development, law enforcement agencies cracked down on illegal gambling operations in Tallahassee. The Florida Gaming Control Commission, in collaboration with the Leon County Sheriff’s Office, Florida Highway Patrol, and the Department of Homeland Security Investigations, conducted an operation dubbed “Operation Westside.” The initiative resulted in the shutdown of three illegal casinos, the arrest of five individuals, and the confiscation of gambling-related assets.
Authorities seized a total of 401 illegal gambling machines and $92,167 in cash from three locations. The largest bust occurred at 6315 Blountstown Highway, where officers confiscated 95 illegal slot machines, 124 other gambling machines, and $55,962 in cash. Another operation at 4979 Blountstown Highway led to the seizure of 118 illegal slot machines and $16,065 in cash. At 1907 Lake Bradford Road, 64 illegal slot machines and $20,140 in cash were seized.
Illegal gambling remains an ongoing issue in Florida, with authorities continually working to enforce gaming laws and shut down unauthorized operations. The success of Operation Westside highlights the state’s commitment to regulating the gaming industry and ensuring that all casinos operate within the legal framework.
Two new bills introduced in Florida’s legislature last week aim to tighten gambling laws, potentially affecting sweepstakes casinos, online casinos, and internet sports betting. HB953, filed by Representative Walter Barnaby, and its Senate counterpart, S1404, introduced by Senator Corey Simon, propose banning “internet gambling” and “internet sports wagering.” However, the language remains open to interpretation, with some analysts speculating this could pave the way for the Seminole Tribe’s Hard Rock brand to enter the online casino market.
Meanwhile, Hard Rock, which secured a 30-year gaming compact in 2021, continues to expand. The deal, valued at $500 million annually, enabled the company to introduce mobile sports betting in December 2023 after overcoming legal challenges.
Source:
‘’MONTHLY SLOT ACTIVITY PER FACILITY FY 2024/2025’’, flgaming.gov.