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Gaming Control Board Releases Table Games Revenue Figures for April


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17 May 2012Printer Friendly VersionPost a CommentTell a Friend about this Article

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HARRISBURG, Pa., May 16, 2012 /PRNewswire-USNewswire/ --The Pennsylvania Gaming Control Board today posted on its website the revenue figures for April table games play at the eleven operating casinos.

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 revenue  
A 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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