PA Gaming Control Board Reports August Slots Revenue Figures

         PA Gaming Control Board Reports August Slots Revenue Figures

PR Newswire

HARRISBURG, Pa., Sept. 4, 2013

HARRISBURG, Pa., Sept. 4, 2013 /PRNewswire-USNewswire/ -- The Pennsylvania
Gaming Control Board reported on its web site today that August gross revenue
from slot machine play at the 12 operating casinos was $205,374,891 and
generated $109,977,203 of tax revenue to the Commonwealth.

That gross revenue amount was 2.5% lower than revenue generated from slot
machines in August 2012 when revenue hit $210,584,315.

In a comparison of the revenue for just the 11 casinos operating in August
2012 that were also open for the full month of August 2013, the decrease was
3.4%.That comparison does not include revenue from Pennsylvania's 12^th
casino, Lady Luck Casino Nemacolin, which opened on July 1.

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

Casino                                August 2013     August 2012     % change
Parx Casino                           $30,992,069.78  $31,482,807.40  -1.56%
Sands Casino Resort Bethlehem         $25,399,618.21  $24,889,821.42  2.05%
Rivers Casino                         $23,384,080.06  $23,955,436.86  -2.39%
Hollywood Casino at Penn National     $19,738,309.68  $20,259,206.73  -2.57%
Race Course
The Meadows Racetrack and Casino      $19,623,288.50  $20,799,199.99  -5.65%
Harrah's Philadelphia Casino and      $19,035,024.23  $21,898,029.71  -13.07%
Racetrack
Mohegan Sun at Pocono Downs           $19,183,825.37  $20,025,032.08  -4.20%
SugarHouse Casino                     $15,248,518.68  $15,828,340.15  -3.66%
Mount Airy Casino Resort              $13,470,451.81  $14,121,789.56  -4.61%
Presque Isle Downs and Casino         $11,794,148.77  $13,351,732.40  -11.67%
Valley Forge Casino Resort            $5,473,082.90   $3,972,918.88   37.76%
Lady Luck Casino Nemacolin (opened    $2,032,472.79   --              --
7/1/13)
Statewide Total                       $205,374,890.78 $210,584,315.18 -2.47%

The average number of operating slot machines throughout Pennsylvania at the
twelve casinos was 26,567 in August 2013 compared to 26,581 at eleven casinos
in August 2012.

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 12
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.

www.gamingcontrolboard.pa.gov 

CONTACT: Doug Harbach or Richard McGarvey
(717) 346-8321

SOURCE Pennsylvania Gaming Control Board
 
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