PA Table Games Revenue Increases 4.2% In June PR Newswire HARRISBURG, Pa., July 16, 2013 Total gaming revenue for Fiscal Year 2012-13 totaled $3.14 billion for 2^nd consecutive year HARRISBURG, Pa., July 16, 2013 /PRNewswire-USNewswire/ --Revenue from table games play at 11 Pennsylvania casinos was $59.5 million in June 2013, according to a report released today by the Pennsylvania Gaming Control Board. That represented a 4.2% increase in revenue from table games during June of this year compared to June of 2012. The monthly report, posted on the Board's web site, www.gamingcontrolboard.pa.gov, also shows $8.5 million in tax revenue was generated from table games this June. Gross table games revenue for each of the casinos operating in both June 2013 and June 2012 is as follows: June June 2013 June June 2012 Casino 2013 Gross 2012 Tables Gross Revenue Tables Revenue Sands Casino Resort Bethlehem 183 $16,957,943 152 $12,673,927 Parx Casino 166 $9,103,452 182 $8,850,173 SugarHouse Casino 58 $6,726,150 54 $6,558,316 Harrah's Philadelphia Casino and 121 $6,263,498 125 $5,845,083 Racetrack Rivers Casino 114 $4,908,548 115 $5,040,194 Mohegan Sun at Pocono Downs 84 $3,688,617 84 $3,401,159 Hollywood Casino at Penn National 69 $2,826,922 69 $3,388,370 Race Course The Meadows Racetrack and Casino 80 $2,826,564 80 $4,469,122 Valley Forge Casino Resort 50 $2,716,967 50 $2,294,088 Mount Airy Casino Resort 72 $2,461,819 71 $3,326,529 Presque Isle Downs and Casino 46 $1,001,539 53 $1,213,352 Statewide Total 1,043 $59,482,019 1,035 $57,060,313 The June figure boosted total table games revenue during the 2012-13 Fiscal Year to just over $713 million, an increase of 7.4% over the previous state Fiscal Year. Total tax revenue from table games during Fiscal Year 2012-13 of $103 million. Gross table game revenue comparison for each casino for the 2012-13 and 2011-12 Fiscal Years is as follows: Gross Table Games Gross Table Games Casino Revenue Revenue FY 2012-13 FY 2011-12 Sands Casino Resort Bethlehem $165,378,077 $127,821,722 Parx Casino $110,307,984 $116,911,523 SugarHouse Casino $85,318,943 $81,208,409 Harrah's Philadelphia Casino and Racetrack $80,330,840 $80,480,429 Rivers Casino $69,280,996 $70,005,270 Mohegan Sun at Pocono Downs $42,923,506 $43,111,764 Mount Airy Casino Resort $39,224,667 $41,128,585 Hollywood Casino at Penn National Race $37,810,041 $38,859,037 Course The Meadows Racetrack and Casino $35,983,833 $35,683,635 Valley Forge Casino Resort $31,583,280 $7,119,049 Presque Isle Downs and Casino $14,956,139 $21,525,250 Statewide Total $713,098,307 $663,854,672 The Board also is providing a comparison of total gaming revenues for all Fiscal Years since casino gaming began in November 2006. Pennsylvania casinos operated just slot machines from November 2006 until July 2010 when table games were added. Combined with the slot machine revenue generated in 2012-13, total combined revenue from casino gaming was $3,141,938,960 which closely matched the total gaming revenue in the 2011-12 Fiscal Year of $3,140,629,989. Combined tax revenue from slot machines and table games for the 2012-2013 Fiscal Year was $1,411,551,329. State Fiscal Years Gross Slot Machine Gross Table Games Total Gaming (July 1 – June 30) Revenue Revenue Revenue 2006-07 $454,579,636 -- $454,579,636 2007-08 $1,404,753,259 -- $1,404,753,259 2008-09 $1,754,002,790 -- $1,754,002,790 2009-10 $2,164,839,765 -- $2,164,839,765 2010-11 $2,346,641,869 $507,711,162 $2,854,353,031 2011-12 $2,476,775,317 $663,854,672 $3,140,629,989 2012-13 $2,428,840,653 $713,098,307 $3,141,938,960 TOTAL $13,030,433,289 $1,884,664,141 $14,915,097,430 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/
PA Table Games Revenue Increases 4.2% In June
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