August Table Games Revenue Down 3.7%

16/09/2016 07:15

Source: PR News

HARRISBURG, Pa., Sept. 16, 2016 /PRNewswire-USNewswire/ -- The Pennsylvania Gaming Control Board announced today that revenue from the play of table games at the state's casinos during August 2016 was down 3.7% compared to revenue generated for the same time period last year.

According to a report posted today on the Board's web site, www.gamingcontrolboard.pa.gov, August's gross table games revenue generated $66,955,105 or $2,596,044 less than in August 2015 when revenue totaled $69,551,148.

The Board also reported that the resulting tax revenue produced from table games play in August was $10,868,507*.

There was an average of 1,209 tables in operation statewide on a daily basis.

Table games gross revenue along with the percentage change for each of the casinos during August 2016 compared to August 2015 is as follows:

Casino

August 2016

Gross Table Revenue

August 2015

Gross Table Revenue

% Change

Sands Casino Resort Bethlehem

$19,334,469

$19,533,677

-1.02%

Parx Casino

$12,938,984

$12,847,903

0.71%

SugarHouse Casino

$8,509,687

$6,978,429

21.94%

Harrah's Philadelphia

$5,757,736

$5,222,247

10.25%

Rivers Casino

$5,404,034

$6,557,702

-17.59%

Mount Airy Casino Resort

$3,283,432

$4,640,232

-29.24%

Mohegan Sun Pocono

$3,002,410

$3,644,219

-17.61%

Valley Forge Casino Resort

$2,792,677

$3,040,195

-8.14%

Hollywood Casino at Penn National Race Course

$2,786,057

$2,483,970

12.16%

The Meadows Casino

$1,625,299

$3,053,182

-46.77%

Presque Isle Downs and Casino

$1,167,941

$1,046,606

11.59%

Lady Luck Casino Nemacolin

$352,378

$502,785

-29.91%

Statewide Total

$66,955,105

$69,551,148

-3.73%

Combined gross revenue from the play of both slot machines and table games during August 2016 was $260,904,471 down 4.3% compared to August of last year.

Total casino revenue along with the percentage change for each of the casinos during August 2016 is as follows:

Casino

August 2016

Total Gross Gaming Revenue

August 2015

Total Gross Gaming Revenue

% Change

Parx Casino

$44,927,389

$44,927,545

0.00%

Sands Casino Resort Bethlehem

$44,123,097

$45,037,008

-2.03%

Rivers Casino

$27,288,370

$30,258,175

-9.81%

SugarHouse Casino

$22,540,180

$21,033,899

7.16%

Harrah's Philadelphia

$22,023,718

$23,094,101

-4.63%

Mohegan Sun Pocono

$20,901,909

$22,722,822

-8.01%

The Meadows Casino

$19,948,850

$22,483,648

-11.27%

Hollywood Casino at Penn National Race Course

$19,762,220

$20,750,533

-4.76%

Mount Airy Casino Resort

$15,669,058

$17,824,854

-12.09%

Presque Isle Downs and Casino

$11,385,024

$11,726,852

-2.91%

Valley Forge Casino Resort

$9,319,317

$9,383,789

-0.69%

Lady Luck Casino Nemacolin

$3,015,339

$3,334,087

-9.56%

Statewide Total

$260,904,471

$272,577,311

-4.28%

*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 smaller resort casinos.  These facilities collectively employ 18,000 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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