Month sees more than $98 million in tax revenues returned to Commonwealth
HARRISBURG, Pa., Dec. 2, 2010 /PRNewswire-USNewswire/ -- The amount of gross revenues generated in November 2010 through the play of slot machines at Commonwealth casinos rose 8.37% over the previous year, according to figures released today by the Pennsylvania Gaming Control Board.
The ten operating casinos generated $180,206,835 in gross revenues in November 2010 compared to $166,293,583 in November 2009. Tax collections by the Commonwealth on that amount last month was $98,651,842, a per-day average of $3.28 million in tax revenue.
In a comparison of the revenue for just the nine casinos operating in November 2010 that were also open for the full month of November last year, there was an increase of 2.40%.
Gross revenue for each of the casinos operating in November 2010 is as follows, with percentage change reflected for those casinos that were operating in both years:
Harrah's Chester Casino and Racetrack
Sands Casino Resort Bethlehem
The Meadows Racetrack and Casino
Hollywood Casino at Penn National Racecourse
Mohegan Sun at Pocono Downs
Presque Isle Downs and Casino
Mount Airy Casino Resort
The average number of operating slot machines operating daily at these facilities was 26,903 in November 2010 and 24,770 in November 2009.
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. To date, with ten casinos in operation, legalized gaming in the Commonwealth has created, or helped race track facilities retain, over 14,000 living wage jobs, provided property tax reduction in each of the past three years for all homeowners, produced revenue that has reinvigorated Pennsylvania's horse racing industry, and provided a new stream of tax revenue to local governments that has funded scores of 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.
CONTACT: Doug Harbach or Richard McGarvey
SOURCE Pennsylvania Gaming Control Board