Subject: STP
January Table Games Revenue 2.2% Lower Than Last Year
HARRISBURG, Pa., Feb. 16, 2018 /PRNewswire-USNewswire/ -- Gross revenue from gambling at table games in Pennsylvania casinos during January 2018 was down 2.2% compared to January of last year, according to figures released today by the Pennsylvania Gaming Control Board.
Posted on the Board's web site, www.gamingcontrolboard.pa.gov, the report shows that this January's gross table games revenue was $71,032,273 compared to $72,610,202 in revenue generated by the 12 casinos during January 2017.
Total tax revenue from table games play during January was $11,421,189* with an average of 1,267 tables in operation statewide on a daily basis.
Gross table games revenue for each of the casinos for January 2018 and January 2017 is as follows:
|
Casino |
January 2018 Table Games Revenue |
January 2017 Table Games Revenue |
% Change |
|
Sands Casino Resort Bethlehem |
$18,125,762 |
$18,254,562 |
-0.71% |
|
Parx Casino |
$14,638,273 |
$16,236,346 |
-9.84% |
|
SugarHouse Casino |
$10,827,635 |
$10,999,103 |
-1.56% |
|
Rivers Casino |
$5,820,242 |
$5,132,829 |
13.39% |
|
Harrah's Philadelphia |
$5,513,122 |
$5,134,342 |
7.38% |
|
Valley Forge Casino Resort |
$3,689,303 |
$2,530,463 |
45.80% |
|
Mount Airy Casino Resort |
$3,266,639 |
$3,299,858 |
-1.01% |
|
Mohegan Sun Pocono |
$3,149,599 |
$3,718,424 |
-15.30% |
|
Hollywood Casino at Penn National Race Course |
$2,912,561 |
$3,140,494 |
-7.26% |
|
The Meadows Casino |
$1,518,994 |
$2,633,807 |
-42.33% |
|
Presque Isle Downs and Casino |
$1,212,307 |
$1,155,895 |
4.88% |
|
Lady Luck Casino Nemacolin |
$357,836 |
$374,079 |
-4.34% |
|
Statewide Total |
$71,032,273 |
$72,610,202 |
-2.17% |
The decrease in table games revenue coupled with the earlier reported 1.4% decrease in slots revenue for January resulted in an overall gaming revenue decrease for the month of approximately 1.6%, per the below table:
|
Casino |
January 2018 Total Gaming Revenue |
January 2017 Total Gaming Revenue |
% Change |
|
Parx Casino |
$45,598,476 |
$46,532,228 |
-2.01% |
|
Sands Casino Resort Bethlehem |
$41,130,613 |
$42,077,417 |
-2.25% |
|
Rivers Casino |
$26,899,215 |
$26,636,977 |
0.98% |
|
SugarHouse Casino |
$24,715,523 |
$24,892,405 |
-0.71% |
|
Harrah's Philadelphia |
$21,249,243 |
$20,429,202 |
4.01% |
|
Mohegan Sun Pocono |
$18,736,824 |
$19,849,840 |
-5.61% |
|
Hollywood Casino at Penn National Race Course |
$18,286,779 |
$19,069,910 |
-4.11% |
|
The Meadows Casino |
$16,372,497 |
$19,088,024 |
-14.23% |
|
Mount Airy Casino Resort |
$13,916,469 |
$13,935,761 |
-0.14% |
|
Valley Forge Casino Resort |
$10,419,955 |
$9,147,869 |
13.91% |
|
Presque Isle Downs and Casino |
$9,109,070 |
$8,807,940 |
3.42% |
|
Lady Luck Casino Nemacolin |
$2,392,736 |
$2,447,298 |
-2.23% |
|
Statewide Total |
$248,827,400 |
$252,914,872 |
-1.62% |
*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 is tasked to oversee all aspects of the state's casino industry, along with oversight of new gaming initiatives to the Race Horse Development and Gaming Act recently approved through the signing of Act 42 of 2017.
The Commonwealth's casino industry currently consists of 10 stand-alone and racetrack casinos in operation, along with the two smaller resort casinos. These facilities collectively employ 18,000 people and annually generate approximately $1.4 billion 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.
Additional information about both the PGCB's gaming 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.
CONTACTS: Doug Harbach or Richard McGarvey
(717) 346-8321
SOURCE Pennsylvania Gaming Control Board
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