Pennsylvania Slots Revenue Figures Released For April
HARRISBURG, PA: The Pennsylvania Gaming Control Board today reported that slot machine revenue in April of this year rose more than 8% over April of 2010.
The play of slot machines at the ten operating casinos produced $211,390,229 in gross revenue in April 2011 compared to $195,253,067 during April of last year, an increase of 8.3%. That resulted in a return of $115,406,797 in taxes to Pennsylvania citizens in this past month, an average of $3.84 million of taxes collected per day from the 55% assessment on slot machine revenue.
Approximately two-thirds of tax revenue is dedicated to general property tax reduction for Pennsylvania homeowners.
The difference in revenue from slot machines for just the nine casinos operating in April 2011 that were also open for the full month of April 2010 was 0.82% with $196,849,919 generated this year compared to $195,253,067 for the same period last year.
Gross revenue for each of the casinos operating in April 2011 is as follows, with the percentage change reflected for those casinos that were operating in March of both years:
|Casino ||April 2011 ||April 2010 ||% change |
|Parx Casino ||$32,879,017.52 ||$35,264,243.78 ||-6.76% |
|Harrah's Chester Casino and Racetrack ||$24,264,110.74 ||$26,731,923.00 ||-9.23% |
|Rivers Casino ||$24,168,709.89 ||$20,439,575.16 ||18.24% |
|Sands Casino Resort Bethlehem ||$23,706,580.98 ||$21, 595,979.61 ||9.77% |
|Hollywood Casino at Penn National Racecourse ||$22,411,051.30 ||$22,491,559.67 ||-0.36% |
|The Meadows Racetrack and Casino ||$21,492,454.15 ||$21,698,378.04 ||-0.95% |
|Mohegan Sun at Pocono Downs ||$20,280,015.75 ||$19,284,699.65 ||5.16% |
|Presque Isle Downs and Casino ||$15,054,164.88 ||$15,613,903.35 ||-3.58% |
|SugarHouse Casino ||$14,540,310.11 ||(NOT OPEN APRIL 2010) ||-- |
|Mount Airy Casino Resort ||$12,593,813.37 ||$12,132,804.52 ||3.80% |
|Statewide Total ||$211,390,228.69 ||$195,253,066.78 ||8.26% |
The average number of operating slot machines throughout Pennsylvania at the 10 casinos was 26,516 in April 2011 compared to $24, 851 at nine casinos in April 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 over 14,000 people and 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 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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