Pennsylvania Slots Revenue for May Shows Slight Difference from 2012

     Pennsylvania Slots Revenue for May Shows Slight Difference from 2012

PR Newswire

HARRISBURG, Pa., June, 4, 2013

HARRISBURG, Pa., June, 4, 2013 /PRNewswire-USNewswire/ -- The Pennsylvania
Gaming Control Board reported today that the difference in slot machine
revenue generated at casinos during May of this year differed by less than 1%
compared to May of 2012.

The complete casino by casino report, which can be found on the Board's web
site www.gamingcontrolboard.pa.gov, indicates a difference of just over $1
million when comparing slot machine revenue at the eleven operating casinos:
$211,245,136 in May 2013 compared to $212,457,169 during May of last year.
That is a decrease of 0.57%.

That resulted in a return of $113,753,541 in taxes to Pennsylvania citizens
during May, an average of $3.7 million of taxes collected per day.

The average number of slot machines operating on a daily basis at the 11
casinos was also slightly lower, 25,973 in May 2013 compared to 26,812 during
May 2012.

Gross revenue for each of the casinos operating in May 2013 is as follows,
with the percentage change reflected for those casinos that were operating in
May of both years:

Casino                                May 2013        May 2012        % change
Parx Casino                           $33,049,722.53  $32,619,786.86  1.32%
Sands Casino Resort Bethlehem         $26,150,752.54  $25,088,373.55  4.23%
Rivers Casino                         $24,421,729.84  $23,184,626.61  5.34%
Harrah's Philadelphia Casino and      $21,402,807.41  $22,686,030.33  -5.66%
Racetrack
The Meadows Racetrack and Casino      $20,877,963.61  $21,900,923.08  -4.67%
Hollywood Casino at Penn National     $20,491,228.90  $21,027,434.70  -2.55%
Race Course
Mohegan Sun at Pocono Downs           $19,585,525.21  $19,684,214.93  -0.50%
SugarHouse Casino                     $15,536,473.54  $16,440,046.05  -5.50%
Mount Airy Casino Resort              $12,407,259.80  $12,946,060.02  -4.16%
Presque Isle Downs and Casino         $11,915,709.29  $13,038,880.03  -8.61%
Valley Forge Casino Resort            $5,405,963.02   $3,840,792.42   40.75%
Statewide Total                       $211,245,135.69 $212,457,168.58 -0.57%

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 games 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.

SOURCE Pennsylvania Gaming Control Board

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