July Slot Machine Revenue Single Highest Month To Date
HARRISBURG, PA: The amount of revenue generated through the play of slot machines at Pennsylvania casinos was the single highest monthly period of revenue since legalized gaming was introduced into the Commonwealth in 2006.
The Pennsylvania Gaming Control Board reported on its web site today that July gross revenue at the 10 operating casinos was $218,300,465 from slot machine play. The previous high month for revenue was March 2011 with gross revenue of $214,926,433.
Tax generated to the Commonwealth this July from slot machine play was $118,770,115 or $3.83 million per day. That amount was 3.4% higher than taxes generated in July 2010.
In a comparison of the revenue for just the nine casinos operating in July 2011 that were also open for the full month of July 2010, there was an decrease of 3.5%.
Gross revenue for each of the casinos operating in July 2011 is as follows, with the percentage change reflected for those casinos that were operating in July of both years:
|Sands Casino Resort Bethlehem
|The Meadows Racetrack and Casino
|Harrah's Chester Casino and Racetrack
|Hollywood Casino at Penn National Racecourse
|Mohegan Sun at Pocono Downs
|Presque Isle Downs and Casino
|Mount Airy Casino Resort
The average number of operating slot machines throughout Pennsylvania at the 10 casinos was 26,403 in July 2011 compared to 24,903 at nine casinos in July 2010.
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 almost 15,000 people and legalized slot machine and table gaming has generated $5.4 billion in tax and license fee revenue since the first casino opened in November 2006. A portion of that money is enabling property tax reduction for all Pennsylvania homeowners, providing needed funding to the Commonwealth’s horse racing industry, funding grants for fire companies and water/sewer projects, and establishing a 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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