PA Table Games Revenue Up 4% In October

                   PA Table Games Revenue Up 4% In October

PR Newswire

HARRISBURG, Pa., Nov. 16, 2012

HARRISBURG, Pa., Nov. 16, 2012 /PRNewswire-USNewswire/ --Revenue from table
games play at Pennsylvania casinos was $55.3 million in October 2012,
according to a report released today by the Pennsylvania Gaming Control
Board. That represented a 4.2% increase in gross revenue from table games
during October of this year compared to October of 2011.

The monthly report, posted on the Board's web site,
www.gamingcontrolboard.pa.gov, also shows that tax revenue generated from
table games this October was $7.9 million. Pennsylvania taxes gross revenue at
14% for casinos that has offered table games for two years and 16% for those
casinos that began offering table games less than two years ago.

Coupled with a report posted earlier this month on the agency's web site on
slot machine revenue during October 2012, combined gross gaming revenue for
table games and slot machines this past month was $243,692,416. Since slot
machine revenue for October 2012 was lower than the previous year, in large
part due to end of the month severe weather conditions, overall gaming revenue
for the month was down 2.6% from last October.

Combined tax revenue from slot machine and table games play during October of
this year was $109,620,104.

Gross table games revenue for each of the casinos operating in October 2012 is
as follows:

                                                         October
Casino                        October 2012 October 2012          October 2011
                              Tables       Gross Revenue 2011    Gross Revenue
                                                         Tables
Sands Casino Resort Bethlehem 152          $12,788,177   129     $10,761,227
Parx Casino                   163          $8,311,697    183     $10,061,879
SugarHouse Casino             55           $6,803,774    53      $6,664,742
Harrah's Philadelphia Casino  121          $6,696,109    121     $6,902,708
and Racetrack
Rivers Casino                 116          $5,027,770    108     $5,532,071
Mohegan Sun at Pocono Downs   84           $3,660,880    84      $3,379,217
Mount Airy Casino Resort      72           $3,110,863    72      $3,538,494
Hollywood Casino at Penn      70           $2,997,070    65      $2,998,307
National Race Course
The Meadows Racetrack and     80           $2,525,910    78      $1,720,587
Casino
Valley Forge Casino Resort    50           $2,247,191    --      --
Presque Isle Downs and Casino 53           $1,127,203    52      $1,520,710
Statewide Total               1,015        $55,296,643   946     $53,079,942



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 11
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

Website: http://www.gamingcontrolboard.pa.gov
 
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