May Slots Revenue Report Released by PA Gaming Control Board - CW15 - OMAHA

May Slots Revenue Report Released by PA Gaming Control Board

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SOURCE Pennsylvania Gaming Control Board

HARRISBURG, Pa., June 3, 2014 /PRNewswire-USNewswire/ -- The Pennsylvania Gaming Control Board reported today that the difference in slot machine revenue generated at casinos during May of this year was less than 1% compared to May of 2013.

The complete casino by casino revenue report, which can be found on the Board's web site www.gamingcontrolboard.pa.gov, indicates that the 12 casinos generated slot machine revenue of $210,830,677, just 0.20% less than in May of 2013 when revenue was $211,245,136.

Revenue generation resulted in a return of $112,795,975 in taxes to Pennsylvania citizens during May, an average of $3.6 million of taxes generated per day.

The average number of slot machines in operation on a daily basis at the 12 casinos was also slightly higher during May 2014 with 26,417 compared to 25,973 during May 2013.  The primary difference in the number of slot machines was the operation of Lady Luck Casino in May of this year, a facility that was not yet opened in May of last year.

Gross revenue for each of the casinos operating in May 2014 is as follows, with the percentage change reflected for those casinos that were operating in May of both years:

Casino

May 2014

May 2013

% Change

Parx Casino

$32,442,054.29

$33,049,722.53

-1.84%

Sands Casino Resort Bethlehem

$26,648,810.85

$26,150,752.54

1.90%

Rivers Casino

$23,971,418.30

$24,421,729.84

-1.84%

The Meadows Racetrack and Casino

$20,965,495.96

$20,877,963.61

0.42%

Mohegan Sun at Pocono Downs

$19,806,924.41

$19,585,525.21

1.13%

Harrah's Philadelphia Casino and Racetrack

$19,494,045.31

$21,402,807.41

-8.92%

Hollywood Casino at Penn National Race Course

$19,182,130.66

$20,491,228.90

-6.39%

Sugarhouse Casino

$15,717,582.27

$15,536,473.54

1.17%

Mount Airy Casino Resort

$12,708,881.29

$12,407,259.80

2.43%

Presque Isle Downs and Casino

$11,102,595.07

$11,915,709.29

-6.82%

Valley Forge Casino Resort

$6,483,874.44

$5,405,963.02

19.94%

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

$2,306,863.65

n/a

n/a

Statewide Total

$210,830,676.50

$211,245,135.69

-0.20%

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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