Pennsylvania Slots Revenue Figures Released For May
HARRISBURG, PA: The Pennsylvania Gaming Control Board today reported that the play of slot machines at the eleven operating casinos produced $212,457,169 in gross revenue in May 2012 compared to $205,532,236 during May of last year, an increase of 3.4%. That resulted in a return of $114,928,891 in taxes to Pennsylvania citizens during May, an average of $3.7 million of taxes collected per day.
For the 10 casinos that were open for the full month of May in both 2011 and 2012 there was an increase of slot revenue of 1.5%, an analysis that does not include the Valley Forge Resort Casino which opened at the end of March 2012.
Gross revenue for each of the casinos operating in May 2012 is as follows, with the percentage change reflected for those casinos that were operating in May of both years:
|Sands Casino Resort Bethlehem
|Harrah's Philadelphia Casino and Racetrack
|The Meadows Racetrack and Casino
|Hollywood Casino at Penn National Race Course
|Mohegan Sun at Pocono Downs
|Presque Isle Downs and Casino
|Mount Airy Casino Resort
|Valley Forge Casino Resort
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 $6.6 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, a statewide water and sewer project grant program, 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.
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