Both Casino Slots And Table Games Revenue Increase
in Pennsylvania During the 2014/2015 Fiscal Year
HARRISBURG, PA: The $3.1 billion of gross revenue generated during the recently completed 2014/2015 State Fiscal Year from the combined play of slot machines and table games was more than 2% over the previous Fiscal Year, according to figures released today by the Pennsylvania Gaming Control Board.
The monthly table games report posted on the Board’s web site, www.gamingcontrolboard.pa.gov, shows that over $67 million in table games revenue was generated during June 2015, a 16% increase compared to June 2014. That revenue boosted total table games revenue during the 2014/2015 Fiscal Year to almost $780 million, a 6.5% increase over the 2013/2014 Fiscal Year. Total tax revenue from table games during Fiscal Year 2014/2015 was $112,158,589.
A comparison of gross table games revenue of the past two Junes and for the past two Fiscal Years is as follows:
Casino
|
June 2015 Gross Revenue
|
June 2014 Gross Revenue
|
% Change
|
Sands Casino Resort Bethlehem
|
$17,542,517
|
$13,857,814
|
26.59%
|
Parx Casino
|
$12,514,906
|
$10,220,393
|
22.45%
|
SugarHouse Casino
|
$8,640,390
|
$6,712,199
|
28.73%
|
Rivers Casino
|
$5,524,073
|
$5,371,000
|
2.85%
|
Harrah's Philadelphia Casino and Racetrack
|
$5,266,922
|
$5,520,712
|
-4.60%
|
Mohegan Sun Pocono
|
$3,678,459
|
$3,845,303
|
-4.34%
|
Mount Airy Casino Resort
|
$3,503,061
|
$3,300,399
|
6.14%
|
Hollywood Casino at Penn National Race Course
|
$3,020,486
|
$2,759,489
|
9.46%
|
The Meadows Casino
|
$2,557,775
|
$2,673,607
|
-4.33%
|
Valley Forge Casino Resort
|
$3,134,117
|
$2,189,322
|
43.15%
|
Presque Isle Downs and Casino
|
$1,162,820
|
$869,839
|
33.68%
|
Lady Luck Casino Nemacolin
|
$461,854
|
$478,742
|
-3.53%
|
Statewide Total
|
$67,007,380
|
$57,798,818
|
15.93%
|
Casino
|
Gross Table Games Revenue FY 2014/2015
|
Gross Table Games Revenue FY 2013/2014
|
% Change
|
Sands Casino Resort Bethlehem
|
$203,013,659
|
$177,243,417
|
14.54%
|
Parx Casino
|
$137,018,239
|
$123,302,380
|
11.12%
|
SugarHouse Casino
|
$94,341,590
|
$86,213,180
|
9.43%
|
Rivers Casino
|
$70,433,182
|
$68,431,134
|
2.93%
|
Harrah's Philadelphia Casino and Racetrack
|
$65,786,055
|
$74,496,004
|
-11.69%
|
Mohegan Sun Pocono
|
$49,252,812
|
$44,741,447
|
10.08%
|
Mount Airy Casino Resort
|
$44,490,934
|
$42,013,330
|
5.90%
|
Hollywood Casino at Penn National Race Course
|
$34,411,339
|
$34,360,555
|
0.15%
|
Valley Forge Casino Resort
|
$32,538,435
|
$33,830,602
|
-3.82%
|
The Meadows Casino
|
$29,345,205
|
$29,955,300
|
-2.04%
|
Presque Isle Downs and Casino
|
$13,703,109
|
$12,460,838
|
9.97%
|
Lady Luck Casino Nemacolin
|
$5,403,506
|
$4,826,674
|
11.95%
|
Statewide Total
|
$779,738,065
|
$731,874,861
|
6.54%
|
The Board is also reporting that total combined revenue from casino gaming during this past Fiscal Year was $3,115,525,984 compared to revenue of $3,051,765,460 during Fiscal Year 2013-14, an increase of 2.09%. Combined tax revenue from slot machines and table games for the 2014-15 Fiscal Year was $1,359,175,488.
The following chart provides the amount of gross slot machine, table games and total revenue generated beginning with the first full Fiscal Year in which table games were operating at the Commonwealth casinos:
State Fiscal Years
(July 1 - June 30)
|
Gross Slot Machine Revenue
|
Gross Table Games Revenue
|
Total Gaming Revenue
|
% Change
|
2010/2011
|
$2,346,641,869
|
$507,711,162
|
$2,854,353,031
|
--
|
2011/2012
|
$2,476,775,317
|
$663,854,672
|
$3,140,629,989
|
10.03%
|
2012/2013
|
$2,428,887,430
|
$713,107,163
|
$3,141,994,593
|
0.04%
|
2013/2014
|
$2,319,890,598
|
$731,874,861
|
$3,051,765,460
|
-2.87%
|
2014/2015
|
$2,335,787,919
|
$779,738,065
|
$3,115,525,984
|
2.09%
|
About the Pennsylvania Gaming Control Board:
The Pennsylvania Gaming Control Board was established in 2004 and is tasked to oversee all aspects of the state’s casino industry. There are 10 stand-alone and racetrack casinos in operation, along with the two resort casinos. These facilities collectively employ over 17,000 people and generate an average of $3.7 million per day in tax revenue from slot machine and table games play. The largest portion of that money is used for property tax reduction to all Pennsylvania homeowners with additional tax revenue going to the horse racing industry, economic development projects, fire companies, county fairs, water and sewer projects, the Commonwealth’s General Fund, and to local governments that host casinos.
Additional information about both the PGCB’s regulatory efforts and Pennsylvania’s gaming industry can be found at www.gamingcontrolboard.pa.gov. You can also follow the agency on Twitter by choosing @PAGamingControl.
# # #