Combined Slots and Table Games Revenue in Pennsylvania Rises 4.4% in 2012

  Combined Slots and Table Games Revenue in Pennsylvania Rises 4.4% in 2012

PR Newswire

HARRISBURG, Pa., Jan. 16, 2013

December 2012 table games revenue is 2^nd highest monthly total to date

HARRISBURG, Pa., Jan. 16, 2013 /PRNewswire-USNewswire/ -- Total gross revenue
from the play of slot machines and table games at Pennsylvania's 11 casinos
during calendar year 2012 was 4.4% higher than revenue generated in 2011,
according to figures released today by the Gaming Control Board.

Combined gross revenue from casino gaming was $3,158,317,863 in 2012 which
produced tax revenue in the amount of $1,441,789,220.

The following chart tracks slot machines and table games gross revenue. The
first slot machines began operating in November 2006 while table games were
added to Pennsylvania casinos in July 2010:

Calendar Year Gross Slot Machine        Gross Table Games Total Gaming Revenue
              Revenue                   Revenue
2006          $31,567,926               n/a               $31,567,926
2007          $1,039,030,723            n/a               $1,039,030,723
2008          $1,615,565,758            n/a               $1,615,565,758
2009          $1,964,570,480            n/a               $1,964,570,480
2010          $2,273,934,190            $212,473,871      $2,486,408,061
2011          $2,405,867,897            $618,905,062      $3,024,772,959
2012          $2,470,935,317            $687,382,546      $3,158,317,863

The Board also reported today that gross revenue from just the play of table
games at Pennsylvania casinos was $60.4 million in December 2012. That
represented an 8.2% increase in gross revenue from table games during December
of this year compared to December of 2011, and was the second highest gross
revenue month for tables behind March 2012.

The monthly report for table games is posted on the Board's web site,
www.gamingcontrolboard.pa.gov.

The gross table games revenue breakdown for each of the casinos in December
2012 is as follows:

                               December December    December
Casino                         2012                              December 2011
                                         2012 Gross  2011 Tables Gross Revenue
                               Tables    Revenue
Sands Casino Resort Bethlehem  152       $13,483,331 135         $11,727,468
Parx Casino                    163       $9,466,900  184         $10,027,857
SugarHouse Casino              56        $7,724,091  54          $6,532,479
Harrah's Philadelphia Casino   121       $7,240,002  125         $5,942,422
and Racetrack
Rivers Casino                  116       $5,795,240  108         $5,920,238
Mount Airy Casino Resort       72        $3,434,196  72          $2,786,443
Mohegan Sun at Pocono Downs    84        $3,319,632  84          $4,283,739
Hollywood Casino at Penn       69        $3,239,106  69          $3,278,192
National Race Course
The Meadows Racetrack and      80        $2,970,906  78          $3,390,887
Casino
Valley Forge Casino Resort     50        $2,619,138  --          --
Presque Isle Downs and Casino  53        $1,090,895  53          $1,933,761
Statewide Total                1,016     $60,383,437 962         $55,823,485

The Board is also providing a gross table games revenue comparison for each
casino for the 2012 and 2011. The December figure boosted table games revenue
during 2012 to $687 million, an increase of 11% over the previous year.

Casino                                     Gross Table Games Gross Table Games
                                           Revenue 2012     Revenue 2011
Sands Casino Resort Bethlehem              $146,492,966      $106,382,790
Parx Casino                                $109,959,936      $114,485,037
SugarHouse Casino                          $83,941,815       $74,212,307
Harrah's Philadelphia Casino and Racetrack $81,009,223       $80,971,453
Rivers Casino                              $69,738,431       $67,497,387
Mohegan Sun at Pocono Downs                $42,747,972       $42,021,546
Mount Airy Casino Resort                   $39,670,415       $39,607,114
Hollywood Casino at Penn National Race     $38,579,543       $38,410,926
Course
The Meadows Racetrack and Casino           $35,441,404       $34,325,170
Valley Forge Casino Resort (opened         $21,419,727       --
3/31/12)
Presque Isle Downs and Casino              $18,381,114       $20,991,332
Statewide Total                            $687,382,546      $618,905,062

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
 
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