Revenue From Slot Machines Nearly 8% Higher This September
HARRISBURG, PA: The Pennsylvania casino industry, now with 10 operating facilities after the opening of SugarHouse Casino in Philadelphia, saw an overall revenue increase of 7.8% in September 2010 compared to September 2009.
The Gaming Control Board reported today that slot machines produced gross revenue of $186,365,015 in September of this year and $102,220,135 in tax revenue. That compares to $172,854,995 in gross revenue and $95,068,077 in tax revenue during September 2009. Slot machine revenue is taxed at 55%.
In a comparison of the revenue for just the nine casinos operating in September 2010 that were also opened for the full month of September last year, there was an increase of 5.09%. The ninth casino to begin operations, The Rivers, opened on August 9, 2009, and therefore for the first time was utilized for this type of comparison.
Gross revenue for each of the casinos operating in September 2010 is as follows, with percentage change reflected for those casinos that were operating in both years:
|Casino ||September 2010 ||September 2009 ||% change |
|Parx casino/Philadelphia Park Racetrack ||$31,314,285.78 ||$28,668,432.34 ||9.23% |
|Harrah's Chester Casino and Racetrack ||$23,198,229.11 ||$23,685,222.81 ||-2.06% |
|The Meadows Racetrack and Casino ||$20,804,041.55 ||$22,405,629.40 ||-7.15% |
|Sands Casino Resort Bethlehem ||$20,785,734.64 ||$18,450,420.09 ||12.66% |
|Rivers Casino ||$20,526,563.29 ||$15,591,578.99 ||31.65% |
|Hollywood Casino at Penn National Racecourse ||$19,830,178.60 ||$18,978,917.09 ||4.49% |
|Mohegan Sun at Pocono Downs ||$18,018,681.46 ||$18,279,085.55 ||-1.42% |
|Presque Isle Downs and Casino ||$15,047,386.25 ||$13,928,576.66 ||8.03% |
|Mount Airy Casino Resort ||$12,134,133.99 ||$12,867,132.39 ||-5.70% |
|SugarHouse Casino (opened September 23) ||$4,705,780.29 ||--- ||--- |
|Statewide Total ||$186,365,014.96 ||$172,854,995.32 ||7.82% |
The average number of slot machines operating statewide daily during September 2010 was 25,833 compared to 24,924 in September of 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 over 13,000 new living wage jobs, revenue that has provided property tax reduction in each of the past three years for all homeowners, funds that have reinvigorated Pennsylvania’s horse racing industry, and new 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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