FOR IMMEDIATE RELEASE

January 4th, 2011

COMMONWEALTH OF PENNSYLVANIA

Pennsylvania Gaming Control Board
P.O. Box 69060
Harrisburg, PA 17106-9060

CONTACT

Doug Harbach or Richard McGarvey (717) 346-8321

Pennsylvania Slots Casino Revenue Increases Nearly 13% In December

2010 Slots Play Returns $1.24 Billion to Commonwealth

HARRISBURG, PA: The amount of gross revenue generated in December 2010 through the play of slot machines at Commonwealth casinos rose 12.72% over the previous year, according to figures released today by the Pennsylvania Gaming Control Board.

The play of slot machines at the ten operating casinos produced $174,772,637 in gross revenue in December 2010 compared to $155,048,230 in December 2009. Tax collections by the Commonwealth on that amount last month was $95,665,380, a per-day average of $3.08 million in tax revenue.

In a comparison of the revenue for just the nine casinos operating in December 2010 that were also open for the full month of December 2009, there was an increase of 6.51%.

“2010 was another good year of solid growth in slot revenue,” said PGCB Executive Director Kevin O’Toole. “For the fourth year in a row Pennsylvania saw an increase in revenue from legalized casino gaming and, with the popularity of tables games, tax revenue should continue to grow throughout 2011.”

From January through December of 2010, tax revenue was $1,248,797,919 compared to $1,080,472,555 in calendar year 2009, an increase of 15.6%.

Gross revenue for each of the casinos operating in December 2010 is as follows, with percentage change reflected for those casinos that were operating in December of both years:

Casino December 2010 December 2009 % change
Parx Casino $28,706,384.66 $26,370,179.08 8.86%
Harrah's Chester Casino and Racetrack $20,737,086.14 $24,109,717.93 -13.99%
Sands Casino Resort Bethlehem $20,724,560.05 $17,172,883.14 20.68%
Rivers Casino $19,706,186.91 $15,177,539.42 29.84%
Hollywood Casino at Penn National Racecourse $18,487,318.66 $17,494,224.18 5.68%
The Meadows Racetrack and Casino $18,311,863.31 $17,881,798.31 2.41%
Mohegan Sun at Pocono Downs $17,284,240.29 $16,580,984.36 4.24%
Presque Isle Downs and Casino $11,214,272.60 $10,548,833.28 6.31%
Mount Airy Casino Resort $9,969,473.72 $9,712,070.65 2.65%
SugarHouse Casino $9,631,250.72 -- --
Statewide Total $174,772,637.06 $155,048,230.35 12.72%

The average number of operating slot machines operating daily at these facilities was 26,907 in December 2010 and 24,754 in December 2009.

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, or helped race track facilities retain, over 14,000 living wage jobs, provided property tax reduction in each of the past three years for all homeowners, produced revenue that has reinvigorated Pennsylvania’s horse racing industry, and provided a new stream of tax 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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