PA Casinos' Table Games Revenue Rises 4.3% in September

17/10/2016 09:44

Source: PR News

HARRISBURG, Pa., Oct. 17, 2016 /PRNewswire-USNewswire/ -- Gross revenue from gambling at table games in Pennsylvania casinos during September was 4.35% higher than last year, according to figures released today by the Pennsylvania Gaming Control Board.

According to a report posted today on the Board's web site, www.gamingcontrolboard.pa.gov, September's gross table games revenue generated $68,787,147 or $2,870,275 more than in September 2015 when revenue totaled $65,916,872.

Total tax revenue from table games play during September was $11,143,191* with an average of 1,217 tables in operation statewide on a daily basis. Table games revenue is taxed at a rate of 16%.

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

Casino

September
2016

Gross Table
Revenue

September
2015

Gross Table
Revenue

% Change

Sands Casino Resort Bethlehem

$19,403,808

$18,754,193

3.46%

Parx Casino

$14,091,154

$11,744,684

19.98%

SugarHouse Casino

$8,762,325

$7,867,426

11.37%

Rivers Casino

$5,300,662

$5,907,835

-10.28%

Harrah's Philadelphia

$4,330,848

$4,872,950

-11.12%

Mount Airy Casino Resort

$3,859,988

$3,943,581

-2.12%

Mohegan Sun Pocono

$3,630,620

$3,104,754

16.94%

Hollywood Casino at Penn National Race Course

$2,977,838

$2,807,529

6.07%

Valley Forge Casino Resort

$2,428,132

$3,048,003

-20.34%

The Meadows Casino

$2,036,221

$2,431,762

-16.27%

Presque Isle Downs and Casino

$1,648,283

$1,072,461

53.69%

Lady Luck Casino Nemacolin

$317,269

$361,695

-12.28%

Statewide Total

$68,787,147

$65,916,872

4.35%

Combined gross revenue from the play of both slot machines and table games during September 2016 was $260,937,476, up 2.9% compared to September of last year.

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

Casino

September
2016

Total Gross
Gaming Revenue

September
2015

Total Gross
Gaming Revenue

% Change

Parx Casino

$45,903,489

$41,742,247

9.97%

Sands Casino Resort Bethlehem

$44,165,660

$43,652,866

1.17%

Rivers Casino

$26,179,138

$26,900,411

-2.68%

SugarHouse Casino

$23,237,512

$20,767,027

11.90%

Mohegan Sun Pocono

$21,532,583

$20,827,963

3.38%

Harrah's Philadelphia

$20,913,329

$21,223,597

-1.46%

The Meadows Casino

$20,037,904

$19,975,434

0.31%

Hollywood Casino at Penn National Race Course

$19,690,687

$20,072,385

-1.90%

Mount Airy Casino Resort

$15,929,144

$15,564,983

2.34%

Presque Isle Downs and Casino

$11,522,393

$10,931,248

5.41%

Valley Forge Casino Resort

$9,007,205

$8,985,179

0.25%

Lady Luck Casino Nemacolin

$2,818,433

$2,873,420

-1.91%

Statewide Total

$260,937,476

$253,516,760

2.93%

*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 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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