Slight Increase in Slot Machine Revenue During October Reported by Pennsylvania Gaming Control Board PR Newswire HARRISBURG, Pa., Nov. 4, 2013 HARRISBURG, Pa., Nov. 4,2013 /PRNewswire-USNewswire/ -- The Pennsylvania Gaming Control Board posted on its web site today the monthly report for total revenue generated from the play of slot machines at casinos during October. According to the report, gross revenue from slot machines at the 12 casinos rose 0.3% in October of this year to $188,973,185 compared to the $188,395,773 in gross revenue generated in October 2012. Tax revenue in October of this year was $101,248,705. In a comparison of just the 11 casinos operating in October 2013 that were also open for the full month of October 2012, revenue fell slightly by 0.6%. Gross revenue for each of the casinos operating in October 2013 is as follows, with the percentage change reflected for those casinos that were operating in October of both years. Casino October 2013 October 2012 % change Parx Casino $28,838,893.94 $29,244,581.50 -1.39% Rivers Casino $22,540,156.46 $20,942,175.10 7.63% Sands Casino Resort Bethlehem $22,415,032.77 $22,028,220.00 1.76% Harrah's Philadelphia Casino and $18,296,124.41 $19,021,138.98 -3.81% Racetrack Mohegan Sun at Pocono Downs $18,199,300.08 $17,721,962.17 2.69% Hollywood Casino at Penn National $17,844,487.30 $18,427,053.00 -3.16% Race Course The Meadows Racetrack and Casino $17,659,584.74 $19,697,220.74 -10.34% SugarHouse Casino $14,302,740.75 $14,191,108.81 0.79% Mount Airy Casino Resort $11,603,170.29 $12,010,173.94 -3.39% Presque Isle Downs and Casino $10,218,472.80 $10,982,664.37 -6.96% Valley Forge Casino Resort $5,327,361.24 $4,129,474.30 29.01% Lady Luck Casino Nemacolin (opened $1,727,860.36 7/1/13) Statewide Total $188,973,185.14 $188,395,772.91 0.31% The average number of operating slot machines throughout Pennsylvania, at the 12 casinos, was 26,598 in October 2013 compared to 26,168 at the 11 casinos in October 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
Slight Increase in Slot Machine Revenue During October Reported by Pennsylvania Gaming Control Board
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