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Gaming Control Board Releases Table Games Revenue Figures for April

Gaming Control Board Releases Table Games Revenue Figures for April

PR Newswire

HARRISBURG, Pa., May 16, 2012 /PRNewswire-USNewswire/ – The Pennsylvania Gaming Control Board today posted on its website the revenue figures for April table games play at the eleven operating casinos.

With an average of 1,031 tables in daily operation statewide during April, gross revenue from the play of all table games was $56,499,624. That amount was 6.83% higher than in April 2011 when revenue totaled $52,889,279 with gan average of 869 tables operating on a daily basis.


Tax revenue from table games to the state (14% of gross revenue) during April was $8,038,964. In addition, table games contributed tax revenue to the Local Share Fund (2% of gross table revenue) of $1,129,993 during April.

Gross revenue for each of the casinos in April 2012 compared to April 2011 is as follows:

Casino

April 2012
Tables

April 2012
Gross Revenue

April 2011
Tables

April 2011
Gross Revenue

Sands Casino Resort Bethlehem

152

$10,846,676

100

$7,834,642

Parx Casino

183

$8,916,027

162

$10,360,023

SugarHouse Casino

54

$7,327,221

43

$6,218,937

Harrah’s Chester Casino and Racetrack

125

$6,649,145

121

$7,932,936

Rivers Casino

110

$6,048,602

107

$5,773,592

Hollywood Casino at Penn National Race Course

69

$3,501,005

61

$3,647,504

Mohegan Sun at Pocono Downs

84

$3,204,049

84

$3,615,084

Mount Airy Casino Resort

72

$2,881,681

72

$3,146,009

The Meadows Racetrack and Casino

79

$2,694,896

71

$2,616,253

Valley Forge Casino Resort

50

$2,318,342

Presque Isle Downs and Casino

53

$2,111,980

48

$1,744,301

Statewide Total

1031

$56,499,624

869

$52,889,279





*14% of gross revenue
# 2% of gross revenue






A detailed breakdown of revenue by casino can be found on the PGCB website www.gamingcontrolboard.pa.gov. The report includes information on each casino by for non-banked, banked and electronic tables including gross revenue, taxes generated and the number of table games in operation.

In addition to this report, the Board also posts monthly slot machine revenue reports on its web site.

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 40 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 have generated more than $6.5 billion in tax and license fee revenue since the first casino opened in November 2006. A portion of that money has delivered property tax reduction in each of the past 5 years for all Pennsylvania homeowners; provided funding to the Commonwealth’s horse racing industry, fire companies, water/sewer projects, and the state’s General Fund; and, established a new stream of tax revenue to local governments 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

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