Pennsylvania August Slot Machine Revenue Figures Shows Increase Over Previous Year
HARRISBURG, PA: The Pennsylvania Gaming Control Board reported on its web site today that August gross revenue at the 11 operating casinos was $210,584,315, a figure 5.7% higher than gross revenue from slots in August 2011.
For the 10 casinos that were open for the full month of August in both 2011 and 2012 there was also an increase in slot machine gross revenue of 3.7%. That comparison does not include the Valley Forge Casino Resort which opened at the end of March 2012.
Tax revenue to the Commonwealth this August totaled $113,558,137.
Gross revenue for each of the casinos operating in August 2012 is as follows, with the percentage change reflected for those casinos that were operating in August of both years:
|Sands Casino Resort Bethlehem
|Harrah's Philadelphia Casino and Racetrack
|The Meadows Racetrack and Casino
|Hollywood Casino at Penn National Racecourse
|Mohegan Sun at Pocono Downs
|Mount Airy Casino Resort
|Presque Isle Downs and Casino
|Valley Forge Casino Resort
For comparison purposes, the average number of operating slot machines throughout Pennsylvania at the 11 casinos was 26,581 in August 2012 compared to 26,327 at the 10 casinos in operation during August 2011.
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 30 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 generate an average of $4 million per day in tax revenue. A portion of that money is used for property tax reduction to all Pennsylvania homeowners; provide funds 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 that host casinos 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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