Subjects: SVY, STP
Pennsylvania Gaming Control Board Reports Decrease in Tables Games Revenue in April
HARRISBURG, Pa., May 15, 2018 /PRNewswire-USNewswire/ -- Figures released and posted today by the Pennsylvania Gaming Control Board on its web site, www.gamingcontrolboard.pa.gov, display tables games revenue for April 2018 at $74,667,615, a decrease of approximately 6.2% over April of last year when revenue was $79,596,706.
The Board also reported that when you combine April's table games revenue with the earlier reported increase in April's slot machine revenue, total gaming revenue fell just 1.56% compared to April of last year.
The Board is also reporting total tax revenue from table games play during April in the amount of $12,033,322* with an average of 1,265 tables in daily operation statewide.
Gross table games revenue at each of the casinos for April 2018 and April 2017 along with a similar comparison for total casino gaming revenue are displayed in the following tables:
|
Casino |
April 2018 |
April 2017 |
% Change |
|
Sands Casino Resort Bethlehem |
$17,576,573 |
$21,905,082 |
-19.76% |
|
Parx Casino |
$16,495,195 |
$15,398,150 |
7.12% |
|
SugarHouse Casino |
$10,226,198 |
$10,419,538 |
-1.86% |
|
Rivers Casino |
$6,473,507 |
$5,870,257 |
10.28% |
|
Harrah's Philadelphia |
$6,454,614 |
$5,050,332 |
27.81% |
|
The Meadows Casino |
$4,028,461 |
$4,341,278 |
-7.21% |
|
Mount Airy Casino Resort |
$3,644,770 |
$4,917,779 |
-25.89% |
|
Mohegan Sun Pocono |
$3,236,633 |
$3,504,838 |
-7.65% |
|
Hollywood Casino at Penn National Race Course |
$3,087,628 |
$3,053,136 |
1.13% |
|
Valley Forge Casino Resort |
$2,075,656 |
$3,353,102 |
-38.10% |
|
Presque Isle Downs and Casino |
$1,153,547 |
$1,507,981 |
-23.50% |
|
Lady Luck Casino Nemacolin |
$214,833 |
$275,234 |
-21.95% |
|
Statewide Total |
$74,667,615 |
$79,596,706 |
-6.19% |
|
Casino |
April 2018 Total Gaming |
April 2017 Total Gaming |
% Change |
|
Parx Casino |
$52,128,335 |
$49,002,208 |
6.38% |
|
Sands Casino Resort Bethlehem |
$43,695,442 |
$48,290,439 |
-9.52% |
|
Rivers Casino |
$30,471,550 |
$28,874,608 |
5.53% |
|
SugarHouse Casino |
$25,884,105 |
$26,220,309 |
-1.28% |
|
Harrah's Philadelphia |
$24,083,424 |
$23,233,654 |
3.66% |
|
The Meadows Casino |
$21,775,693 |
$23,707,329 |
-8.15% |
|
Hollywood Casino at Penn National Race Course |
$21,677,320 |
$22,009,586 |
-1.51% |
|
Mohegan Sun Pocono |
$20,785,616 |
$21,681,963 |
-4.13% |
|
Mount Airy Casino Resort |
$16,291,240 |
$17,615,422 |
-7.52% |
|
Presque Isle Downs and Casino |
$11,377,257 |
$11,043,633 |
3.02% |
|
Valley Forge Casino Resort |
$10,146,745 |
$10,753,184 |
-5.64% |
|
Lady Luck Casino Nemacolin |
$2,529,415 |
$2,867,124 |
-11.78% |
|
Statewide Total |
$280,846,142 |
$285,299,458 |
-1.56% |
*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 created through amendments to the Race Horse Development and Gaming Act recently approved by 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 17,000 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 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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