May Table Games Revenue Up Almost 7% Over Previous Year

16/06/2016 06:00

Source: PR News

HARRISBURG, Pa., June 16, 2016 /PRNewswire-USNewswire/ -- The Pennsylvania Gaming Control Board announced today that revenue from the play of table games at the 12 Commonwealth casinos during May of 2016 was up 6.9% over 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, May's gross table games revenue generated $71,342,206 or $4,594,185 more than in May 2015 when revenue totaled $66,748,021.

The Board also reported that the resulting tax revenue produced from table games play in May was $10,156,714*.

There was an average of 1,191 tables in operation statewide on a daily basis.

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

Casino

May 2016

Gross Table Revenue

May 2015

Gross Table Revenue

% Change

Sands Casino Resort Bethlehem

$19,555,561

$18,210,376

7.39%

Parx Casino

$12,540,088

$11,217,499

11.79%

SugarHouse Casino

$9,054,783

$7,836,128

15.55%

Harrah's Philadelphia

$5,814,570

$4,957,929

17.28%

Rivers Casino

$5,425,464

$5,102,673

6.33%

Valley Forge Casino Resort

$3,986,286

$3,015,743

32.18%

Mount Airy Casino Resort

$3,783,146

$4,168,703

-9.25%

Mohegan Sun Pocono

$3,699,970

$5,170,380

-28.44%

Hollywood Casino at Penn National Race Course

$2,963,435

$3,001,247

-1.26%

The Meadows Casino

$2,933,200

$2,467,272

18.88%

Presque Isle Downs and Casino

$1,275,057

$1,179,384

8.11%

Lady Luck Casino Nemacolin

$310,648

$420,688

-26.16%

Statewide Total

$71,342,206

$66,748,021

6.88%

Combined gross revenue from the play of both slot machines and table games during May 2016 was $280,194,999, a rise of just under 1% over May of last year.

Total casino revenue along with the percentage change for each of the casinos during May 2016 compared to May 2015 is as follows:

Casino

May 2016

Total Gross Gaming Revenue

May 2015

Total Gross Gaming Revenue

% Change

Sands Casino Resort Bethlehem

$47,481,906

$44,826,256

5.92%

Parx Casino

$47,081,032

$44,862,541

4.95%

Rivers Casino

$27,854,334

$29,422,394

-5.33%

SugarHouse Casino

$25,244,569

$23,358,038

8.08%

Harrah's Philadelphia

$24,038,376

$24,873,170

-3.36%

Mohegan Sun Pocono

$22,744,173

$24,388,010

-6.74%

The Meadows Casino

$22,370,206

$22,072,462

1.35%

Hollywood Casino at Penn National Race Course

$21,700,994

$22,041,202

-1.54%

Mount Airy Casino Resort

$16,342,852

$17,007,334

-3.91%

Presque Isle Downs and Casino

$11,522,203

$11,640,688

-1.02%

Valley Forge Casino Resort

$10,920,807

$10,418,014

4.83%

Lady Luck Casino Nemacolin

$2,893,548

$3,057,822

-5.37%

Statewide Total

$280,194,999

$277,967,930

0.80%

*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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