Strong December Table Games Numbers Spur Record Casino Gaming Revenue Year in Pennsylvania

Jan 15, 2016, 13:30 ET from Pennsylvania Gaming Control Board

HARRISBURG, Pa., Jan. 15, 2016 /PRNewswire-USNewswire/ -- Record table games revenue in 2015 helped propel overall gaming revenue this past year to the highest annual figure since legalized casino gaming began in Pennsylvania.

Gross revenue of $808,135,353 from the play of table games at Pennsylvania's 12 casinos in 2015 was nearly 8% higher than revenue in 2014:

Casino

Gross Table
Games Revenue 2015

Gross Table
Games Revenue 2014

% Change

Sands Casino Resort Bethlehem

$214,407,351

$188,974,141

13.46%

Parx Casino

$144,401,468

$129,884,887

11.18%

SugarHouse Casino

$94,747,202

$90,755,766

4.40%

Rivers Casino

$71,387,669

$69,360,716

2.92%

Harrah's Philadelphia Casino and Racetrack

$68,233,556

$68,989,732

-1.10%

Mohegan Sun Pocono

$48,851,817

$45,644,444

7.03%

Mount Airy Casino Resort

$46,582,339

$43,028,021

8.26%

Valley Forge Casino Resort

$34,819,102

$33,209,169

4.85%

Hollywood Casino at Penn National Race Course

$34,761,184

$33,396,373

4.09%

The Meadows Racetrack and Casino

$31,265,464

$28,154,170

11.05%

Presque Isle Downs and Casino

$13,374,515

$13,069,815

2.33%

Lady Luck Casino Nemacolin

$5,303,685

$5,075,983

4.49%

Statewide Total

$808,135,353

$749,543,217

7.82%

Combined with previously reported annual slot machine revenue figures, the $3,173,787,012 total revenue produced from casino gaming in 2015 was 3.41% higher than in 2014. 

The 2015 figure also edged out 2012 as the highest gaming revenue year in Pennsylvania to date and marks the fifth straight year in which the total casino revenue figure topped $3 billion. Total gaming revenue generated since the first casino opened in Pennsylvania now totals over $22.6 billion through the end of 2015.

The following chart tracks slot machine and table games gross revenue since the first slots-only casino opened in November 2006.  Table games were added to Pennsylvania casinos in July 2010.

Calendar Year

Gross Slot Machine Revenue

Gross Table Games Revenue

Total Gaming Revenue

2006

$31,567,926

n/a

$31,567,926

2007

$1,039,030,723

n/a

$1,039,030,723

2008

$1,615,565,758

n/a

$1,615,565,758

2009

$1,964,570,480

n/a

$1,964,570,480

2010

$2,273,934,190

$212,473,871

$2,486,408,061

2011

$2,405,867,897

$618,905,062

$3,024,772,959

2012

$2,470,935,317

$687,382,546

$3,158,317,863

2013

$2,384,098,225

$729,830,365

$3,113,928,590

2014

$2,319,534,380

$749,543,217

$3,069,077,597

2015

$2,365,651,659

$808,135,353

$3,173,787,012

Tax revenue in 2015 from the combined play of slot machines and table games was $1,379,226,502*. Revenue returned to Pennsylvania in the form of taxes and license fees since the first casino opening now stands at approximately $11.8 billion dollars.

"The casino gaming market remains strong in Pennsylvania," Gaming Control Board Chairman David M. Barasch said. "This is good news for state residents who once again saw a return of nearly $1.4 billion in tax revenue that is used by the Commonwealth and communities statewide for a myriad of projects, and to all homeowners for a reduction in their school property taxes."

Table games revenue for each of the casinos in December 2015 has been posted on the Board's web site, www.gamingcontrolboard.pa.gov, under the Revenue section of the site. The below chart compares December 2015 table games revenue compared to the amount generated in December 2014:

Casino

December 2015
Tables Gross Revenue

December 2014
Tables Gross Revenue

% Change

Sands Casino Resort Bethlehem

$19,847,674

$20,926,257

-5.15%

Parx Casino

$13,313,451

$11,597,102

14.80%

SugarHouse Casino

$8,644,749

$8,181,145

5.67%

Harrah's Philadelphia Casino and Racetrack

$6,817,839

$4,979,712

36.91%

Rivers Casino

$6,022,369

$5,690,285

5.84%

Mohegan Sun Pocono

$4,273,753

$3,390,943

26.03%

Mount Airy Casino Resort

$3,825,139

$3,478,429

9.97%

Hollywood Casino at Penn National Race Course

$3,019,993

$3,324,890

-9.17%

The Meadows Racetrack and Casino

$2,590,665

$2,492,947

3.92%

Valley Forge Casino Resort

$2,338,307

$2,584,582

-9.53%

Presque Isle Downs and Casino

$1,132,406

$915,987

23.63%

Lady Luck Casino Nemacolin

$395,614

$437,372

-9.55%

Statewide Total

$72,221,959

$67,999,652

6.21%

*annual 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