FOR IMMEDIATE RELEASE

April 18th, 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

Gaming Control Board Releases Table Game Revenue Figures For March

March total over $10 million more than previous high month

HARRISBURG, PA: The Pennsylvania Gaming Control Board today posted on its web site the revenue figures for March table games play at the ten operating casinos.

Table games produced $54,606,617 gross revenue in March resulting in $8,737,059 in tax revenue. Pennsylvania has a 16% tax rate on gross table game revenue with 14% going to the Commonwealth’s General Fund and 2% to the local host county and municipality.

March’s total revenue was the highest to date since table games were introduced at Pennsylvania casinos last July, and significantly eclipsed the previous high month of December 2010 when gross revenue totaled $44,080,346.

"We continue to see greater play of table games as casinos enhance their customer base and refine the mix of games that patrons seek," says PGCB Executive Director Kevin O’Toole. "Certainly as we move into the warmer months where patron visits increase, it would be likely that we will see a continued upward trend of these revenue numbers."

Gross revenue for each of the casinos in March 2011 is as follows:

Casino

Tables

Gross
Revenue

State
Tax*

Local
Tax#

Parx Casino

150

$9,975,829

$1,396,616

$199,517

Sands Casino Resort Bethlehem

100

$8,537,395

$1,195,235

$170,748

Harrah's Chester Casino and Racetrack

122

$7,426,257

$1,039,676

$148,525

SugarHouse Casino

43

$6,432,608

$900,565

$128,652

Rivers Casino

104

$5,548,123

$776,737

$110,962

The Meadows Racetrack and Casino

70

$4,476,088

$626,652

$89,522

Hollywood Casino at Penn National Race Course

61

$3,483,132

$487,638

$69,663

Mount Airy Casino Resort

72

$3,482,472

$487,546

$69,649

Mohegan Sun at Pocono Downs

84

$3,446,784

$482,550

$68,936

Presque Isle Downs and Casino

48

$1,797,930

$251,710

$35,959

Statewide Total

854

$54,606,617

$7,644,927

$1,092,132

*14% of gross revenue
# 2% of gross revenue

March’s total pushed state tax collections in the 2010/11 Fiscal Year to $56,642,849.50:

Month

Tables
Statewide

Gross
Revenue

State
Tax*

Local
Tax#

July (partial)

624

$17,558,398

$2,458,176

$351,168

August

636

$34,555,172

$4,837,724

$691,104

September

694

$36,866,126

$5,161,258

$737,323

October

707

$40,893,425

$5,725,080

$817,869

November

745

$38,520,402

$5,392,856

$770,408

December

783

$44,080,346

$6,171,248

$881,607

January

841

$43,310,753

$6,063,506

$866,215

February

842

$43,626,564

$6,107,719

$872,531

March

854

$54,606,617

$7,644,927

$1,092,132

Total

--

$354,017,805

$49,562,493

$7,080,356

 *14% of gross revenue
# 2% of gross revenue

A detailed breakdown of revenue by casino can be found on the PGCB website that includes information for non-banking, banking, and electronic tables, revenue and taxes generated, and the number of table games.

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. Currently, the ten casinos in operation in the Commonwealth employ over 14,000 living persons. Legalized gaming has generated over $4.7 billion in tax revenue since the first casino opening in November 2006. That money is enabling property tax reduction for all Pennsylvania homeowners, providing needed funding to Commonwealth’s horse racing industry, and establishing new stream of tax revenue to local governments for 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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