PA Table Games Revenue In 2013-14 Fiscal Year Increases 2.6% Total gaming revenue for Fiscal Year 2013-14 totaled $3.05 billion

HARRISBURG, Pa., July 16, 2014 /PRNewswire-USNewswire/ -- The Pennsylvania Gaming Control Board today released its monthly table games revenue report for the 12 Commonwealth casinos. While the $57.8 million revenue total in June 2014 was a 2.8% decrease in table games revenue compared to June 2013, table games revenue for the Fiscal Year showed an increase.

The June figure boosted total table games revenue during the 2013-14 Fiscal Year to $731 million, an increase of 2.6% over the previous state Fiscal Year 2012-13.  Total tax revenue from table games during Fiscal Year 2013-14 was $105 million.

The monthly report is posted on the Board's web site, www.gamingcontrolboard.pa.gov.

Gross table games revenue for each of the casinos operating in both June 2014 and June 2013 is as follows:

Casino

June 2014 Tables

June 2014 Gross Revenue

June 2013 Tables

June 2013 Gross Revenue

Sands Casino Resort Bethlehem

200

$13,858,314

183

$16,957,943

Parx Casino

152

$10,220,393

166

$9,103,452

SugarHouse Casino

61

$6,712,199

58

$6,726,150

Harrah's Philadelphia Casino and Racetrack

126

$5,520,712

121

$6,263,498

Rivers Casino

113

$5,371,000

114

$4,908,548

Mohegan Sun at Pocono Downs

87

$3,845,303

84

$3,688,617

Mount Airy Casino Resort

80

$3,300,399

72

$2,461,819

Hollywood Casino at Penn National Race Course

70

$2,759,489

69

$2,826,922

The Meadows Racetrack and Casino

81

$2,673,607

80

$2,826,564

Valley Forge Casino Resort

50

$2,189,322

50

$2,716,967

Presque Isle Downs and Casino

46

$869,839

46

$1,001,539

Lady Luck Casino Nemacolin (opened 7/1/13)

28

$478,742

28

$8,856#

Statewide Total

1,094

$57,799,318

1,071

$59,490,875

#this figure is for two abbreviated test nights held June 28 and 30, 2013; Lady Luck Casino did not commence full operations until July 1, 2013

Gross table game revenue comparison for each casino for the 2013-14 and 2012-13 Fiscal Years is as follows:

Casino

Gross Table Games Revenue

FY 2013-14

Gross Table Games Revenue

FY 2012-13

% Change

Sands Casino Resort Bethlehem

$177,242,917

$165,378,077

7.17%

Parx Casino

$123,302,380

$110,307,984

11.78%

SugarHouse Casino

$86,213,180

$85,318,943

1.05%

Harrah's Philadelphia Casino and Racetrack

$74,496,004

$80,330,840

-7.26%

Rivers Casino

$68,431,134

$69,280,996

-1.23%

Mohegan Sun at Pocono Downs

$44,741,447

$42,923,506

4.24%

Mount Airy Casino Resort

$42,013,330

$39,224,667

7.11%

Hollywood Casino at Penn National Race Course

$34,360,555

$37,810,041

-9.12%

Valley Forge Casino Resort

$33,830,602

$31,583,280

7.12%

The Meadows Racetrack and Casino

$29,955,300

$35,983,833

-16.75%

Presque Isle Downs and Casino

$12,460,838

$14,956,139

-16.68%

Lady Luck Casino Nemacolin (opened 7/1/13)

$4,826,674

$8,856#

n/a

Statewide Total

$731,874,361

$713,071,163

2.63%

#this figure is for two abbreviated test nights held June 28 and 30, 2013; Lady Luck Casino did not commence full operations until July 1, 2013

The Board also is providing a comparison of total gaming revenues for all Fiscal Years since casino gaming began in November 2006.  Pennsylvania casinos operated with just slot machines from November 2006 until July 2010 when table games were added.

Total combined revenue from casino gaming during this past Fiscal Year was $3,051,764,960 compared to revenue of $3,141,994,593 during Fiscal Year 2012-13.  Combined tax revenue from slot machines and table games for the 2013-14 Fiscal Year was $1,346,502,222.

State Fiscal Years
(July 1 – June 30)

Gross Slot Machine Revenue

Gross Table Games Revenue

Total Gaming    Revenue

2006-07

$454,579,636

--

$454,579,636

2007-08

$1,404,753,259

--

$1,404,753,259

2008-09

$1,754,002,790

--

$1,754,002,790

2009-10

$2,164,839,765

--

$2,164,839,765

2010-11

$2,346,641,869

$507,711,162

$2,854,353,031

2011-12

$2,476,775,317

$663,854,672

$3,140,629,989

2012-13

$2,428,887,430

$713,107,163

$3,141,994,593

2013-14

$2,319,890,598

$731,874,361

$3,051,764,960

TOTAL

$15,350,370,665

$2,616,547,359

$17,966,918,024

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 12 casinos in operation all offer both slot machine and table game gambling, employ over 16,000 people, and collectively generate an average of nearly $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.

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

SOURCE Pennsylvania Gaming Control Board



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