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FOR IMMEDIATE RELEASE

March 16th, 2012

COMMONWEALTH OF PENNSYLVANIA

Pennsylvania Gaming Control Board
P.O. Box 69060
Harrisburg, PA 17106-9060

CONTACT

Doug Harbach or Richard McGarvey (717) 346-8321

Gaming Control Board Releases February Table Games Revenue

HARRISBURG, PA: The play of table games during February at Pennsylvania casinos generated tax revenue of more than $9 million, the highest amount recorded since the inception of table games in July 2010, according to figures posted today on the Pennsylvania Gaming Control Board’s web site, www.gamingcontrolboard.pa.gov.

With an average of 977 tables in operation statewide on a daily basis during February, gross revenue from the play of all table games was $56,556,939. That amount was $12.9 million higher than in February 2011 when revenue totaled $43,626,464 with an average of 842 tables operating on a daily basis. That is a 29.6% increase in revenue year over year.

Pennsylvania taxes gross table games revenue at 16% (14% to the Commonwealth’s General Fund and 2% to local share fund) which resulted in $9,186,282 of tax revenue.

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

Casino Feb. 2012 Tables Feb. 2012 Gross Revenue Feb.
2011 Tables		 Feb. 2011 Gross Revenue
Sands Casino Resort Bethlehem 151 $10,705,837 100 $6,574,739
Parx Casino 183 $9,893,562 150 $8,204,005
SugarHouse Casino 54 $7,792,660 43 $5,220,363
Harrah's Chester Casino and Racetrack 125 $6,921,480 122 $6,900,693
Rivers Casino 109 $5,934,878 96 $5,540,439
Mount Airy Casino Resort 72 $3,404,952 73 $2,337,155
Hollywood Casino at Penn National Race Course 69 $3,344,563 58 $3,134,634
Mohegan Sun at Pocono Downs 84 $3,241,483 84 $3,120,315
The Meadows Racetrack and Casino 78 $2,934,701 68 $1,108,587
Presque Isle Downs and Casino 53 $2,382,823 48 $1,485,535
Statewide Total 977 $56,556,939 842 $43,626,464

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 over 30 years, the Gaming Control Board is tasked to oversee all aspects of the state’s casino industry. The ten casinos in operation all offer both slot machine and table game gambling, employ over 15,000 people, and collectively have generated over $6 billion in tax and license fee revenue since the first casino opened in November 2006. A portion of that money is enabling property tax reduction for all Pennsylvania homeowners, providing needed funding to the Commonwealth’s horse racing industry, funding grants for fire companies and water/sewer projects, and establishing a new stream of tax revenue to local governments for community projects. A wealth of information about the Gaming Control Board and Pennsylvania’s gaming industry can be found at www.gamingcontrolboard.pa.gov. At this website, visitors can watch Board meetings live through streaming video or view archived videos of Board meetings.  The website also provides information on the operation of the PGCB, information on identifying a gambling problem and gaining assistance, future meeting schedules and past meeting transcripts, access to an interactive map of casino locations, an on-line form to request a speaker for their organization, along with much more information. 

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