Pennsylvania Gaming Control Board Releases Initial Table Games Revenue Report
HARRISBURG, Pa., Aug. 26 /PRNewswire-USNewswire/ -- The Pennsylvania Gaming Control Board today released on its web site revenue figures for the first month of table games play at the nine operating casinos.
The report for July 2010, available on the Board's web site at www.pgcb.state.pa.us, represents just a partial month of revenue since implementation of table games did not occur until the middle and latter parts of the month of July.
The report on the web site reflects total gross revenue figures for each of the casinos and includes a breakdown for non-banking, banking, and electronic tables. The figures in the report and below also include revenue and taxes generated during each casino's PGCB-monitored test period held two days prior to the official opening day for table games:
Casino/ Non-Test Days (Total Days) |
Tables |
Gross Revenue |
State Tax* |
Local Tax# |
|
Rivers Casino 7/8 – 7/31 (24 days) |
85 |
$3,052,531 |
$427,354 |
$61,051 |
|
Parx Casino 7/18 – 7/31 (14 days) |
57 |
$2,328,599 |
$326,004 |
$46,572 |
|
Mount Airy Casino Resort 7/13 – 7/31 (19 days) |
72 |
$2,028,827 |
$284,036 |
$40,577 |
|
Harrah's Chester Casino and Racetrack 7/18 – 7/31 (14 days) |
99 |
$1,972,181 |
$276,105 |
$39,444 |
|
The Meadows Racetrack and Casino 7/8 – 7/31 (24 days) |
62 |
$1,911,064 |
$267,549 |
$38,221 |
|
Hollywood Casino at Penn National Racecourse 7/13 – 7/31 (19 days) |
50 |
$1,830,558 |
$256,278 |
$36,611 |
|
Sands Casino Resort Bethlehem 7/18 – 7/31 (14 days) |
89 |
$1,655,357 |
$231,750 |
$33,107 |
|
Presque Isle Downs and Casino 7/8 – 7/31 (24 days) |
48 |
$1,499,569 |
$209,940 |
$29,991 |
|
Mohegan Sun at Pocono Downs 7/13 – 7/31 (19 days) |
62 |
$1,260,653 |
$176,491 |
$25,213 |
|
Statewide Total |
624 |
$17,539,339 |
$2,455,508 |
$350,787 |
|
*14% of gross revenue # 2% of gross revenue |
|||||
PGCB Executive Director Kevin O'Toole says the implementation of table games occurred on a schedule that allowed only a partial month of play and their first set of figures represent less than two-thirds of a full gaming month.
"We had a very aggressive and successful roll-out of table games in July that enabled the nine casinos to begin offering table games to patrons within a 10 day period," says PGCB Executive Director Kevin O'Toole. "While the implementation of table games created a significant patron traffic increase in July, it is too early to draw any conclusions on these numbers or the effect of table games on slot machine gaming."
The test periods provided an opportunity for the nine casinos to dedicate revenue toward charity. The below chart provides dollar amounts generated by each casino along with the chosen charities which received contributions:
Casino |
Charity |
Amount from Table Games Test* |
|
Parx Casino |
Lenape Valley Foundation Women's Humane Society of Bensalem Family of Jockey - Mario Calderon |
$13,644.54 |
|
Harrah's Chester Casino and Racetrack |
Delaware County Literacy Council Philadelphia Chinatown Development |
$4,316.96 |
|
Sands Casino Resort Bethlehem |
Bethlehem Area Public Library, Room to Grow Capital Campaign, Trinity Episcopal Church Soup Kitchen, ArtsQuest, National Museum of Industrial History, PBS 39, Boys and Girls Club of Bethlehem, Illicks Mill Partnership, Hispanic American Organization, Via Foundation, Project Easton, Northampton County Community College Foundation, Historic Bethlehem Partnership, Lehigh Valley Military Affairs Council, Miracle League of the Lehigh Valley, Council of Spanish Speaking Organizations of Lehigh Valley, South Bethlehem Historical Society |
$12,184.40 |
|
The Meadows Racetrack and Casino |
United Way of Washington County |
$13,507.83 |
|
Hollywood Casino at Penn National Racecourse |
Grantville Fire Department |
$13,894.22 |
|
Rivers Casino |
The Mario Lemieux Foundation |
$18,150.93 |
|
Mohegan Sun at Pocono Downs |
United Way of Wyoming Valley |
$12,069.54 |
|
Presque Isle Downs and Casino |
Early Connections |
$4,146.87 |
|
Mount Airy Casino Resort |
Friendship House and Saint Joseph's Center |
$9,431.52 |
|
Statewide Total |
$101,346.81 |
||
*Amount is only revenue generated from table game play during test periods and does not include any additional contributions that a casino may have made toward a charity or charities. |
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The table games revenue report available on the web site provides additional detail including a breakdown by non-banking, banking, electronic, and fully automated electronic tables. Future reports will be posted to the Gaming Control Board's web site soon after the deadline for casinos to submit monthly revenue reports on the 20th of each month.
The Gaming Control Board also posts slot machine revenue reports on its web site, and will continue to make those available within the first few days of each month.
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. To date, with nine of a maximum fourteen casinos in operation, legalized gaming in the Commonwealth has created over 8,000 new living wage jobs, revenue that has provided property tax reduction in each of the past three years for all homeowners, funds that have reinvigorated Pennsylvania's horse racing industry, and new revenue to local governments that has funded scores of community projects. A wealth of information about the Gaming Control Board and Pennsylvania's gaming industry can be found at www.pgcb.state.pa.us. At this web site, visitors can view videos of Board meetings and 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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