Total Casino Revenue in Pennsylvania Tops $3 Billion for Third Consecutive Year

HARRISBURG, Pa., Jan. 16, 2014 /PRNewswire-USNewswire/ -- Total combined gross revenue from the play of slot machines and table games at Pennsylvania's 12 casinos during calendar year 2013 dropped just over one-percent from 2012, but still marked the third straight year in which the revenue figure topped $3 billion.

According to figures released today by the Gaming Control Board, combined gross revenue from casino gaming was $3,113,928,590 in 2013, 1.4% under total gross revenue in 2012 of $3,158,317,863.

Tax revenue in 2013 from the combined play of slot machines and table games was $1,384,391,014. Slot machines are taxed at an approximate 55% rate while table games are taxed at 14%.

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. Total gaming revenue since the first casino opened in Pennsylvania has totaled over $16.4 billion through the end of 2013.

The Board also reported today that gross revenue from just the play of table games at Pennsylvania casinos was $58.9 million in December 2013.  That represented a decrease of 2.3% in gross revenue from table games play compared to December of 2012.

The gross table games revenue breakdown for each of the casinos in December 2013 is as follows:

Finally, the Board is also providing a gross table games revenue comparison for each casino for 2013 and 2012. The December figure boosted gross table games revenue during 2013 to $730 million, an increase of 6.2% over the previous year.

The monthly report for table games along with monthly and yearly reports for all gaming revenue are posted on the Board's web site, www.gamingcontrolboard.pa.gov.

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 $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