Despite Severe Winter Storm Pennsylvania Slot Machine Revenue Up
HARRISBURG, PA: The Pennsylvania Gaming Control Board today posted on its web site the monthly report for total gross revenue and tax revenue generated from the play of slot machines at casinos during January.
According to the report, gross revenue from slot machines at the 12 casinos rose 2.1% in January of this year to $184,811,874 compared to the $180,963,004 in gross revenue that was generated in January 2015.
Prior to the winter storm blanketing most of Pennsylvania during the next to last weekend of the month, slots casino revenue was up almost 5% when comparing the first 21 days of January 2016 against January 2015. While most casinos were able to remain open during the storm, difficulties for patrons in reaching the facilities led to weekend revenues that were much lower than normal.
Gross slot machine revenue for each of the casinos is as follows, with the percentage change reflected over the previous year:
Casino
|
January 2016
|
January 2015
|
% change
|
Mohegan Sun Pocono
|
$17,677,453.11
|
$16,030,986.86
|
10.27%
|
Parx Casino
|
$30,922,297.64
|
$29,894,105.37
|
3.44%
|
Harrah's Philadelphia Casino and Racetrack
|
$17,141,474.04
|
$17,175,204.39
|
-0.20%
|
Presque Isle Downs and Casino
|
$7,864,975.14
|
$7,959,881.91
|
-1.19%
|
The Meadows Racetrack and Casino
|
$17,454,006.15
|
$15,899,154.43
|
9.78%
|
Mount Airy Casino Resort
|
$11,106,784.27
|
$9,990,339.60
|
11.18%
|
Hollywood Casino at Penn National Race Course
|
$16,061,315.97
|
$16,722,413.86
|
-3.95%
|
Sands Casino Resort Bethlehem
|
$23,396,475.97
|
$22,996,965.35
|
1.74%
|
Rivers Casino
|
$21,396,528.36
|
$22,258,968.82
|
-3.87%
|
SugarHouse Casino
|
$13,709,240.99
|
$13,721,473.62
|
-0.09%
|
Valley Forge Casino Resort
|
$6,141,249.34
|
$6,203,535.82
|
-1.00%
|
Lady Luck Casino Nemacolin
|
$1,940,072.78
|
$2,109,974.45
|
-8.05%
|
Statewide Total
|
$184,811,873.76
|
$180,963,004.48
|
2.13%
|
Tax revenue in January of this year was $98,750,980*.
The average number of slot machines operating throughout Pennsylvania was 26,229 in January 2016 compared to 26,355 in January 2015.
*Tax revenue figures reflect amount generated prior to any adjustments by the PA Department of Revenue
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 casino gaming industry can be found at www.gamingcontrolboard.pa.gov. You can also follow the agency on Twitter by choosing @PAGamingControl.
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