Gaming Control Board Releases Table Games Revenue Figures for April
| 17 May 2012 |
With an average of 1,031 tables in daily operation statewide during April, gross revenue from the play of all table games was $56,499,624. That amount was 6.83% higher than in April 2011 when revenue totaled $52,889,279 with gan average of 869 tables operating on a daily basis.
Tax revenue from table games to the state (14% of gross revenue) during April was $8,038,964. In addition, table games contributed tax revenue to the Local Share Fund (2% of gross table revenue) of $1,129,993 during April.
Gross revenue for each of the casinos in April 2012 compared to April 2011 is as follows:
Casino April 2012 April 2012 April 2011 April 2011 Tables Gross Revenue Tables Gross Revenue Sands Casino Resort Bethlehem 152 $10,846,676 100 $7,834,642 Parx Casino 183 $8,916,027 162 $10,360,023 SugarHouse Casino 54 $7,327,221 43 $6,218,937 Harrah's Chester Casino and Racetrack 125 $6,649,145 121 $7,932,936 Rivers Casino 110 $6,048,602 107 $5,773,592 Hollywood Casino at Penn National Race Course 69 $3,501,005 61 $3,647,504 Mohegan Sun at Pocono Downs 84 $3,204,049 84 $3,615,084 Mount Airy Casino Resort 72 $2,881,681 72 $3,146,009 The Meadows Racetrack and Casino 79 $2,694,896 71 $2,616,253 Valley Forge Casino Resort 50 $2,318,342 -- -- Presque Isle Downs and Casino 53 $2,111,980 48 $1,744,301 Statewide Total 1031 $56,499,624 869 $52,889,279 *14% of gross revenue # 2% of gross revenueA detailed breakdown of revenue by casino can be found on the PGCB website www.gamingcontrolboard.pa.gov. The report includes information on each casino by for non-banked, banked and electronic tables including gross revenue, taxes generated and the number of table games in operation.
In addition to this report, the Board also posts monthly slot machine revenue reports on its web site.
About the Pennsylvania Gaming Control Board:
The Pennsylvania Gaming Control Board was established in 2004 with the passage of Act 71, also known as the Race Horse Development and Gaming Act. Pennsylvania's first new state agency in nearly 40 years, the Gaming Control Board is tasked to oversee all aspects of the state's casino industry. The 11 casinos in operation all offer both slot machine and table game gambling, employ over 16,000 people, and collectively have generated more than $6.5 billion in tax and license fee revenue since the first casino opened in November 2006. A portion of that money has delivered property tax reduction in each of the past 5 years for all Pennsylvania homeowners; provided funding to the Commonwealth's horse racing industry, fire companies, water/sewer projects, and the state's General Fund; and, established a new stream of tax revenue to local governments for community projects.
A wealth of information about the Gaming Control Board's regulatory efforts and Pennsylvania's gaming industry can be found at www.gamingcontrolboard.pa.gov. At this website, visitors can watch Board meetings live or view videos of past meetings, look up future meeting schedules and past meeting transcripts, obtain information on identifying a gambling problem and gaining assistance, access an interactive map of casino locations, request a speaker for their group, along with much more information. You can also follow the agency on Twitter by choosing @PAGamingControl.
SOURCE Pennsylvania Gaming Control Board
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