November 2011 PA Slot Machine Revenue 6.5% Higher Than in 2010
HARRISBURG, Pa., Dec. 2, 2011 /PRNewswire-USNewswire/ -- Revenue generated through the play of slot machines at Pennsylvania casinos during November 2011 increased nearly 6.5% compared to the amount generated in November of last year.
According to the monthly report posted today on the web site of the Pennsylvania Gaming Control Board (www.gamingcontrolboard.pa.gov), this November's gross revenue at the 10 operating casinos from slot machine play was $191,852,271 compared to gross revenue of $180,206,835 in November 2010.
The PGCB also reported that the amount of tax revenue produced for the Commonwealth from slot machine play during November 2011 was $104,384,655, an average of $3.48 million of tax revenue generated per day.
The increase in revenue was produced even though the average daily number of operating slot machines at the 10 casinos in November 2011 was less than in 2010. This November, that average was 26,534 compared to 26,903 at the casinos in November 2010.
November 2011 and 2010 gross revenue and percentage change for each of the casinos is as follows:
Casino |
November 2011 |
November 2010 |
% change |
|
Parx Casino |
$30,070,540.14 |
$28,959,312.42 |
3.84% |
|
Sands Casino Resort Bethlehem |
$22,169,907.39 |
$20,268,551.40 |
9.38% |
|
Rivers Casino |
$21,826,209.57 |
$19,802,239.06 |
10.22% |
|
Harrah's Chester Casino and Racetrack |
$20,978,232.66 |
$21,334,216.44 |
-1.67% |
|
Hollywood Casino at Penn National Race Course |
$19,706,505.43 |
$18,653,405.30 |
5.65% |
|
Mohegan Sun at Pocono Downs |
$19,314,921.37 |
$17,220,890.08 |
12.16% |
|
The Meadows Racetrack and Casino |
$18,940,309.69 |
$19,314,405.34 |
-1.94% |
|
SugarHouse Casino |
$14,721,405.03 |
$9,922,765.89 |
48.36% |
|
Presque Isle Downs and Casino |
$12,698,190.04 |
$13,143,100.73 |
-3.39% |
|
Mount Airy Casino Resort |
$11,426,049.91 |
$11,587,948.83 |
-1.40% |
|
Statewide Total |
$191,852,271.23 |
$180,206,835.49 |
6.46% |
|
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 40 years, the Gaming Control Board is tasked to oversee all aspects of the state's casino industry. The ten casinos in operation all offer both slot machine and table game gambling, employ over 15,000 people, and collectively have generated $5.6 billion in tax and license fee revenue since the first casino opened in November 2006. A portion of that money is enabling property tax reduction for all Pennsylvania homeowners, providing needed funding to the Commonwealth's horse racing industry, funding grants for fire companies and water/sewer projects, and establishing a new stream of tax revenue to local governments for community projects. A wealth of information about the Gaming Control Board and Pennsylvania's gaming industry can be found at www.gamingcontrolboard.pa.gov. At this website, visitors can view videos of Board meetings and on the operation of the PGCB, obtain information on identifying a gambling problem and gaining assistance, look up future meeting schedules and past meeting transcripts, access an interactive map of casino locations, request a speaker for their group, along with much more information.
Contact: Doug Harbach or Richard McGarvey, (717) 346-8321
SOURCE Pennsylvania Gaming Control Board
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