11.6% Increase in PA Table Games Revenue in April

16/05/2016 09:30

Source: PR News

HARRISBURG, Pa., May 16, 2016 /PRNewswire-USNewswire/ -- According to figures released and posted today on the Pennsylvania Gaming Control Board's web site, www.gamingcontrolboard.pa.gov, April 2016 table games revenue of $72,206,809 was an increase of 11.6% over April of last year when revenue was $64,684,083.

When that amount is combined with the earlier reported April slot machine revenue, total gaming revenue was 3.9% higher than April of last year, the 8th consecutive month in which overall casino gaming revenue has increased in Pennsylvania. The last decrease occurred in August 2015.

Total tax revenue from table games play during April was $10,264,271* with an average of 1,186 tables in operation statewide on a daily basis. Table game tax is calculated as 14% of the gross revenue.

Gross table games revenue and total gaming revenue at each of the casinos for April 2016 and April 2015 is as follows:

Casino

April 2016
Table Games
Revenue

April 2015
Table Games
Revenue

% Change

Sands Casino Resort Bethlehem

$17,701,196

$16,621,575

6.50%

Parx Casino

$14,466,610

$11,550,165

25.25%

SugarHouse Casino

$9,752,361

$8,100,847

20.39%

Rivers Casino

$6,652,603

$6,260,397

6.26%

Harrah's Philadelphia

$5,412,380

$5,550,496

-2.49%

Mohegan Sun Pocono

$4,225,842

$3,709,022

13.93%

Mount Airy Casino Resort

$3,481,374

$3,224,471

7.97%

Hollywood Casino at Penn National Race Course

$3,061,950

$3,072,209

-0.33%

Valley Forge Casino Resort

$2,851,057

$3,029,078

-5.88%

The Meadows Casino

$2,840,161

$1,917,819

48.09%

Presque Isle Downs and Casino

$1,302,003

$1,134,367

14.78%

Lady Luck Casino Nemacolin

$459,271

$513,637

-10.58%

Statewide Total

$72,206,809

$64,684,083

11.63%

 

Casino

April 2016
Total Gaming
Revenue

April 2015
Total Gaming
Revenue

% Change

Parx Casino

$48,531,262

$44,452,844

9.17%

Sands Casino Resort Bethlehem

$43,877,133

$42,920,508

2.23%

Rivers Casino

$30,574,515

$30,016,628

1.86%

SugarHouse Casino

$26,299,934

$24,127,134

9.01%

Harrah's Philadelphia

$24,218,245

$24,704,433

-1.97%

Mohegan Sun Pocono

$23,461,903

$22,619,834

3.72%

The Meadows Casino

$22,095,921

$20,283,534

8.94%

Hollywood Casino at Penn National Race Course

$22,027,271

$22,068,278

-0.19%

Mount Airy Casino Resort

$15,862,020

$15,157,092

4.65%

Presque Isle Downs and Casino

$11,451,714

$11,268,063

1.63%

Valley Forge Casino Resort

$9,694,886

$9,894,730

-2.02%

Lady Luck Casino Nemacolin

$3,111,694

$3,065,834

1.50%

Statewide Total

$281,206,497

$270,578,910

3.93%

*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 annually generate more than $1.4 billion 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



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