Slight Increase in Slot Machine Revenue During October Reported by Pennsylvania Gaming Control Board

      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
 
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