PA Table Games Revenue Down 1% in January - CW15 - OMAHA

PA Table Games Revenue Down 1% in January

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SOURCE Pennsylvania Gaming Control Board

Weather-related slot machine drop pulls overall revenues down 7%

HARRISBURG, Pa., Feb. 18, 2014 /PRNewswire-USNewswire/ -- Revenue from table games play at the 12 Pennsylvania casinos was $58.7 million in January 2014, according to a report released today by the Pennsylvania Gaming Control Board. 

That amount represents a 1.12% decrease in revenue from table games play during January of this year compared to January of 2013.

The monthly report, posted on the Board's web site, www.gamingcontrolboard.pa.gov, also shows $8,426,650 million in tax revenue that was generated from table games this January.

Combined revenue from the play of slot machines and tables games during January was $230,498,811, a decrease of 7% over last January's total of $247,622,923.

As reported earlier this month in the release of January's slot machine revenue, play at Pennsylvania's casinos was likely negatively impacted by the significant amounts of snow and extreme cold weather that affected all parts of the state and has continued into February.  Slot machine revenue for February is expected to be released by the Board during the first week of March.

Gross table games revenue for each of the casinos operating in both January 2014 and January 2013 is as follows:

Casino

January 2014 Tables

January 2014 Gross Revenue

January 2013 Tables

January 2013 Gross Revenue

Sands Casino Resort Bethlehem

194

$14,481,709

162

$13,970,222

Parx Casino

165

$10,287,923

163

$9,942,525

SugarHouse Casino

54

$6,857,755

57

$7,288,683

Rivers Casino

113

$6,120,396

116

$5,927,808

Harrah's Philadelphia Casino and Racetrack

126

$5,725,640

121

$5,792,163

Mohegan Sun at Pocono Downs

84

$3,165,975

84

$3,591,762

Valley Forge Casino Resort

50

$3,085,932

50

$2,551,901

Mount Airy Casino Resort

74

$2,840,494

72

$3,632,454

Hollywood Casino at Penn National Race Course

69

$2,650,184

69

$3,162,835

The Meadows Racetrack and Casino

75

$2,094,510

80

$2,334,143

Presque Isle Downs and Casino

46

$1,041,031

53

$1,183,829

Lady Luck Casino Nemacolin (opened 7/1/13)

28

$360,807

n/a

n/a

Statewide Total

1,078

$58,712,355

1,026

$59,378,324

About the Pennsylvania Gaming Control Board:

The Pennsylvania Gaming Control Board was established in 2004 with the passage of Act 71, also known as the Race Horse Development and Gaming Act. Pennsylvania's first new state agency in nearly 30 years, the Gaming Control Board is tasked to oversee all aspects of the state's casino industry. The 12 casinos in operation all offer both slot machine and table game gambling, employ over 16,000 people, and collectively generate an average of $4 million per day in tax revenue. A portion of that money is used for property tax reduction to all Pennsylvania homeowners; provide funds to the Commonwealth's horse racing industry, fire companies, a statewide water and sewer project grant program, and the state's General Fund; and, established a new stream of tax revenue to local governments that host casinos for community projects.

A wealth of information about the Gaming Control Board's regulatory efforts and Pennsylvania's gaming industry can be found at www.gamingcontrolboard.pa.gov. At this website, visitors can watch Board meetings live or view videos of past meetings, look up future meeting schedules and past meeting transcripts, obtain information on identifying a gambling problem and gaining assistance, access an interactive map of casino locations, request a speaker for their group, along with much more information.  You can also follow the agency on Twitter by choosing @PAGamingControl.

CONTACT: Doug Harbach or Richard McGarvey (717) 346-8321

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