6.7% Increase in PA Table Games Revenue in February

Overall Pennsylvania casino gaming revenue up 8.6% during month

Mar 15, 2016, 15:15 ET from Pennsylvania Gaming Control Board

HARRISBURG, Pa., March 15, 2016 /PRNewswire-USNewswire/ -- Gross revenue from gambling at table games in Pennsylvania casinos during February 2016 was 6.7% higher than February of last year, according to figures released today by the Pennsylvania Gaming Control Board.

Posted on the Board's web site, www.gamingcontrolboard.pa.gov, the report shows that this February's gross table games revenue was $68,187,957 compared to $63,916,997 in revenue produced by the 12 casinos during February 2015.  

Total tax revenue from table games play during February was $9,713,295* with an average of 1,171 tables in operation statewide on a daily basis. Table game tax is calculated as 14% of the gross revenue.

Gross table games revenue for each of the casinos for February 2016 and February 2015 is as follows:

Casino

February 2016
Table Games
Revenue

February 2015
Table Games Revenue

% Change

Sands Casino Resort Bethlehem

$17,504,519

$15,271,421

14.62%

Parx Casino

$13,239,507

$11,696,685

13.19%

SugarHouse Casino

$9,240,443

$7,465,503

23.78%

Rivers Casino

$5,564,370

$6,292,536

-11.57%

Harrah's Philadelphia

$5,025,714

$6,128,518

-17.99%

Mohegan Sun Pocono

$3,684,555

$4,058,148

-9.21%

Mount Airy Casino Resort

$3,491,418

$3,411,679

2.34%

Valley Forge Casino Resort

$3,237,771

$2,466,791

31.25%

Hollywood Casino at Penn National Race Course

$2,859,409

$2,745,343

4.15%

The Meadows Casino

$2,627,269

$2,867,761

-8.39%

Presque Isle Downs and Casino

$1,195,639

$1,007,945

18.62%

Lady Luck Casino Nemacolin

$517,343

$504,667

2.51%

Statewide Total

$68,187,957

$63,916,997

6.68%

The increase in table games revenue coupled with the earlier reported 9.3% increase in slots revenue for February resulted in an overall gaming revenue increase for the month of 8.6%. 

Casino

February 2016
Total Gaming
Revenue

February 2015
Total Gaming Revenue

% Change

Parx Casino

$46,318,857

$41,325,315

12.08%

Sands Casino Resort Bethlehem

$42,594,634

$37,333,797

14.09%

Rivers Casino

$28,579,235

$28,757,661

-0.62%

SugarHouse Casino

$25,072,941

$22,983,592

9.09%

Harrah's Philadelphia

$23,367,026

$24,084,699

-2.98%

Mohegan Sun Pocono

$22,255,443

$20,038,879

11.06%

The Meadows Casino

$21,428,128

$18,948,730

13.08%

Hollywood Casino at Penn National Race Course

$20,503,665

$20,346,419

0.77%

Mount Airy Casino Resort

$15,123,613

$12,937,613

16.90%

Presque Isle Downs and Casino

$10,801,447

$9,154,336

17.99%

Valley Forge Casino Resort

$9,596,395

$8,667,609

10.72%

Lady Luck Casino Nemacolin

$2,712,848

$2,541,389

6.75%

Statewide Total

$268,354,231

$247,120,040

8.59%

*Tax revenue figures reflect amount generated prior to any adjustments by the PA Department of Revenue

About the Pennsylvania Gaming Control Board:
The Pennsylvania Gaming Control Board was established in 2004 and is tasked to oversee all aspects of the state's casino industry. There are 10 stand-alone and racetrack casinos in operation, along with the two resort casinos. These facilities collectively employ over 17,000 people and generate an average of $3.7 million per day in tax revenue from slot machine and table games play. The largest portion of that money is used for property tax reduction to all Pennsylvania homeowners with additional tax revenue going to the horse racing industry, economic development projects, fire companies, county fairs, water and sewer projects, the Commonwealth's General Fund, and to local governments that host casinos.

Additional information about both the PGCB's regulatory efforts and Pennsylvania's casino gaming industry can be found at www.gamingcontrolboard.pa.gov. You can also follow the agency on Twitter by choosing @PAGamingControl.

CONTACTS: Doug Harbach or Richard McGarvey
(717) 346-8321  

 

SOURCE Pennsylvania Gaming Control Board



RELATED LINKS

http://www.gamingcontrolboard.pa.gov