Pennsylvania Slots Revenue Figures Released For April

HARRISBURG, Pa., May 2, 2012 /PRNewswire-USNewswire/ -- The Pennsylvania Gaming Control Board today reported that slot machine revenue in April was $214.1 million, 1.3% higher than revenue produced last April by casinos.

According to the monthly report posted today on the Board's web site, www.gamingcontrolboard.pa.gov, this April's gross revenue at the 11 operating casinos from slot machine play was $214,149,502 compared to $211,390,229 of gross revenue in April 2011.

The Board also reported that the amount of tax revenue generated for the Commonwealth from slot machine play during this April was $116,018,221.

The April monthly report includes the first full month of revenue from the Valley Forge Casino Resort since its March 31, 2012 opening.  Without that casino's revenue figures and comparing just the 10 casinos open in both April 2011 and 2012, revenue fell slightly by 0.6%. However, in making this comparison, it is important to note that the April 2011 figures included five Fridays and Saturdays, while the 2012 figures had only four each of those highest revenue-producing days.

Gross revenue for each of the casinos operating in April 2012 is as follows, with the percentage change reflected for those casinos that were operating in April of both years:

The average number of operating slot machines throughout Pennsylvania at the 11 casinos was 26,760 in April 2012 compared to 26,516 at the casinos in April 2011.

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 11 casinos in operation all offer both slot machine and table game gambling, employ over 16,000 people, and collectively have generated more than $6.5 billion in tax and license fee revenue since the first casino opened in November 2006. A portion of that money has delivered property tax reduction in each of the past 5 years for all Pennsylvania homeowners; provided needed funding to the Commonwealth's horse racing industry, fire companies, water/sewer projects, and the state's General Fund; and, established 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.  You can also follow the agency on Twitter by choosing @PAGamingControl.

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

SOURCE Pennsylvania Gaming Control Board