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Subject: STP

Pennsylvania Gaming Control Board Reports Slight Increase in Tables Games Revenue in May


HARRISBURG, Pa., June 18, 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 May 2018 at $74,908,874 an increase of less than 1% over May of last year when revenue was $74,464,759.

The Board also reported that when combined, May's table games revenue with the earlier reported increase in May's slot machine revenue, total gaming revenue slightly increased by 0.4% compared to May of last year.

The Board is also reporting total tax revenue from table games play during May in the amount of $12,058,720* with an average of 1,271 tables in daily operation statewide.

Gross table games revenue at each of the casinos for May 2018 and May 2017 along with a similar comparison for total casino gaming revenue are displayed in the following tables:

Casino

May 2018 Table
Games
Revenue

May 2017 Table
Games
Revenue

% Change

Sands Casino Resort Bethlehem

$19,616,223

$21,715,852

-9.67%

Parx Casino

$16,047,651

$14,232,774

12.75%

SugarHouse Casino

$10,094,366

$11,447,286

-11.82%

Rivers Casino

$6,288,483

$5,424,038

15.94%

Harrah's Philadelphia

$5,255,880

$6,091,326

-13.72%

Valley Forge Casino Resort

$3,797,974

$2,261,238

67.96%

The Meadows Casino

$3,236,107

$1,443,067

124.25%

Hollywood Casino at Penn National Race Course

$3,022,032

$2,970,599

1.73%

Mount Airy Casino Resort

$2,938,656

$4,227,722

-30.49%

Mohegan Sun Pocono

$2,896,686

$2,861,110

1.24%

Presque Isle Downs and Casino

$1,309,596

$1,403,945

-6.72%

Lady Luck Casino Nemacolin

$405,220

$385,802

5.03%

Statewide Total

$74,908,874

$74,464,759

0.60%

 

Casino

May 2018

Total Gaming
Revenue

May 2017

Total Gaming
Revenue

% Change

Parx Casino

$51,755,740

$48,318,937

7.11%

Sands Casino Resort Bethlehem

$46,625,533

$48,222,089

-3.31%

Rivers Casino

$28,964,729

$27,563,455

5.08%

SugarHouse Casino

$25,642,956

$26,974,684

-4.94%

Harrah's Philadelphia

$22,498,825

$23,277,669

-3.35%

Hollywood Casino at Penn National Race Course

$21,125,950

$21,346,494

-1.03%

The Meadows Casino

$20,595,361

$20,603,143

-0.04%

Mohegan Sun Pocono

$20,333,197

$20,636,107

-1.47%

Mount Airy Casino Resort

$15,548,124

$17,203,020

-9.62%

Valley Forge Casino Resort

$11,745,028

$9,382,334

25.18%

Presque Isle Downs and Casino

$11,249,866

$11,102,507

1.33%

Lady Luck Casino Nemacolin

$2,816,825

$3,082,496

-8.62%

Statewide Total

$278,902,133

$277,712,934

0.43%

*Tax revenue figures reflect amounts 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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News published on 18 june 2018 at 11:00 and distributed by: