Gaming Control Board Releases February Table Games Revenue
HARRISBURG, PA: The play of table games at Commonwealth casinos during February generated nearly eight million dollars in tax revenue according to figures posted today on the Pennsylvania Gaming Control Board’s web site, www.gamingcontrolboard.pa.gov.
With an average of 1,049 tables in operation statewide on a daily basis during February, gross revenue from the play of all table games was $55,348,241, producing $7,987,252 in tax revenue.
This month’s gross table games revenue was $1,208,697 lower than in February 2012 when revenue totaled $56,556,939, a 2.1% decrease.
The Board noted with these figures that February 2012 was a leap year month resulting in an extra day of casino play. The Board also noted that the 11 casinos operated with an average of 1,049 tables on the gaming floor in February of this year compared to 977 tables last February when 10 casino were in operation.
Coupled with figures on slot machine revenue released earlier this month, overall gross revenue from both slots and tables was $251,293,452 this February compared to $272,244,678 in February of last year, a decrease of 7.7%.
Gross revenue for each of the casinos in February 2013 compared to February 2012 is as follows:
|Sands Casino Resort Bethlehem||183||$12,060,001||151||$10,705,837|
|Harrah's Chester Casino and Racetrack||121||$6,877,655||125||$6,921,480|
|Mohegan Sun at Pocono Downs||84||$3.290.560||84||$3,241,483|
|Hollywood Casino at Penn National Race Course||69||$2,988,971||69||$3,344,563|
|Mount Airy Casino Resort||72||$2,985,441||72||$3,404,952|
|Valley Forge Casino Resort||50||$2,442,877||--||--|
|The Meadows Racetrack and Casino||80||$1,941,422||78||$2,934,701|
|Presque Isle Downs and Casino||53||$1,268,293||48||$2,382,823|
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.