Montana Video Gambling Revenue Drops Slightly in 2014

Video gambling taxes go into the state general fund

By Associated Press

Video gambling generated nearly $57 million in tax revenue for the state of Montana in fiscal year 2014.

The state Justice Department’s Gambling Control Division says last year’s video gambling revenue totals were 0.2 percent lower than fiscal 2013.

Video gambling taxes go into the state general fund.

Tax collections from video gambling machines peaked in fiscal 2008 at about $63 million, but tumbled to about $49 million in 2011 and began heading up, before the slight dip in the most recent year.

Gambling Control Division Administrator Rick Ask tells Lee Newspapers of Montana that based on first-quarter statistics, he expects total video gambling tax revenues in fiscal 2015 to top those in the two previous years.