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PA Table Games Revenue Up 3.4% in November

                  PA Table Games Revenue Up 3.4% in November

PR Newswire

HARRISBURG, Pa., Dec. 17, 2012

HARRISBURG, Pa., Dec. 17, 2012 /PRNewswire-USNewswire/ --Revenue from table
games play at Pennsylvania casinos was $55.9 million in November 2012,
according to a report released today by the Pennsylvania Gaming Control
Board. That represents an overall increase of 3.4% in gross revenue generated
from the play of table games during November of this year compared to November
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 November was $8 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 November 2012, combined gross gaming revenue from
table games and slot machines this past month was $248,381,749, an increase of
1% from last November.

Combined tax revenue from slot machine and table games play during November of
this year was $111,689,755.

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

                         November 2012 November 2012 November    November 2011
Casino                   Tables        Gross Revenue             Gross Revenue
                                                     2011 Tables
Sands Casino Resort      152           $12,766,448   129         $8,621,584
Bethlehem
Parx Casino              163           $8,099,516    183         $10,647,582
SugarHouse Casino        55            $6,946,703    53          $6,999,825
Harrah's Philadelphia    121           $6,452,394    121         $6,517,847
Casino and Racetrack
Rivers Casino            114           $6,026,852    108         $6,103,011
Mohegan Sun at Pocono    84            $3,603,009    84          $3,552,201
Downs
Mount Airy Casino Resort 72            $3,268,339    72          $3,812,551
Hollywood Casino at Penn 69            $3,041,479    65          $3,050,170
National Race Course
Valley Forge Casino      50            $2,611,422    --          --
Resort
The Meadows Racetrack    80            $1,754,328    78          $2,762,629
and Casino
Presque Isle Downs and   53            $1,298,770    53          $1,962,962
Casino
Statewide Total          1,013         $55,869,258   946         $54,030,362

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://gamingcontrolboard.pa.gov
 
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