Revenue From Slot Machines Over 11% Higher This October
HARRISBURG, PA: The Pennsylvania Gaming Control Board today reported that slot machine gross revenue increased by 11.49% this October over the same month a year ago.
Slot machine play at 10 casinos produced gross revenue of $197,459,415 in October resulting in $107,995,234 of tax revenue returned to Commonwealth citizens. In October 2009, slot machine play at nine casinos generated $177,111,932 in gross revenue and $97,411,563 in tax revenue. Taxes from slot machine play fund property tax reduction, supports the Commonwealth’s horse racing industry, finances economic development and tourism projects, and provides revenue to local governments and fire companies.
The average number of slot machines operating statewide daily during October 2010 was 26,916 compared to 24,687 in October of 2009.
The Board also announced an increase of 4.25% in its comparison of revenue figures for just the nine casinos operating in October 2010 that were also opened for the full month of October last year.
Gross revenue for each of the casinos operating in October 2010 is as follows, with percentage change reflected for those casinos that were operating in both years:
|Casino ||October 2010 ||October 2009 ||% change |
|Parx Casino ||$30,870,016.44 ||$29,556,599.31 ||4.44% |
|Harrah's Chester Casino and Racetrack ||$22,642,583.37 ||$25,625,358.31 ||-11.64% |
|Sands Casino Resort Bethlehem ||$21,766,512.57 ||$18,547,587.30 ||17.35% |
|Rivers Casino ||$21,311,701.64 ||$16,001,752.90 ||33.18% |
|The Meadows Racetrack and Casino ||$21,197,989.82 ||$22,596,904.58 ||-6.19% |
|Hollywood Casino at Penn National Racecourse ||$20,758,384.73 ||$20,387,553.14 ||1.82% |
|Mohegan Sun at Pocono Downs ||$19,142,848.55 ||$18,630,110.85 ||2.75% |
|Presque Isle Downs and Casino ||$14,508,712.97 ||$13,075,439.46 ||10.96% |
|SugarHouse Casino ||$12,816,506.85 ||-- ||-- |
|Mount Airy Casino Resort ||$12,444,158.16 ||$12,690,626.95 ||-1.94% |
|Statewide Total ||$197,459,415.10 ||$177,111,932.80 ||11.49% |
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. To date, with ten casinos in operation, legalized gaming in the Commonwealth has created over 13,000 new living wage jobs, revenue that has provided property tax reduction in each of the past three years for all homeowners, funds that have reinvigorated Pennsylvania’s horse racing industry, and new revenue to local governments that has funded scores of community projects. A wealth of information about the Gaming Control Board and Pennsylvania’s gaming industry can be found at www.pgcb.state.pa.us. At this web site, visitors can view videos of Board meetings and on the operation of the PGCB, obtain information on identifying a gambling problem and gaining assistance, look up future meeting schedules and past meeting transcripts, access an interactive map of casino locations, request a speaker for their group, along with much more information.
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