6.7% Increase in PA Table Games Revenue in February

HARRISBURG, Pa., March 15, 2016 /PRNewswire-USNewswire/ -- Gross revenue from gambling at table games in Pennsylvania casinos during February 2016 was 6.7% higher than February of last year, according to figures released today by the Pennsylvania Gaming Control Board.

Posted on the Board's web site, www.gamingcontrolboard.pa.gov, the report shows that this February's gross table games revenue was $68,187,957 compared to $63,916,997 in revenue produced by the 12 casinos during February 2015.  

Total tax revenue from table games play during February was $9,713,295* with an average of 1,171 tables in operation statewide on a daily basis. Table game tax is calculated as 14% of the gross revenue.

Gross table games revenue for each of the casinos for February 2016 and February 2015 is as follows:

The increase in table games revenue coupled with the earlier reported 9.3% increase in slots revenue for February resulted in an overall gaming revenue increase for the month of 8.6%. 

*Tax revenue figures reflect amount generated prior to any adjustments by the PA Department of Revenue

About the Pennsylvania Gaming Control Board:
The Pennsylvania Gaming Control Board was established in 2004 and is tasked to oversee all aspects of the state's casino industry. There are 10 stand-alone and racetrack casinos in operation, along with the two resort casinos. These facilities collectively employ over 17,000 people and generate an average of $3.7 million per day in tax revenue from slot machine and table games play. The largest portion of that money is used for property tax reduction to all Pennsylvania homeowners with additional tax revenue going to the horse racing industry, economic development projects, fire companies, county fairs, water and sewer projects, the Commonwealth's General Fund, and to local governments that host casinos.

Additional information about both the PGCB's regulatory efforts and Pennsylvania's casino gaming industry can be found at www.gamingcontrolboard.pa.gov. You can also follow the agency on Twitter by choosing @PAGamingControl.

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

SOURCE Pennsylvania Gaming Control Board

Related Links

http://www.gamingcontrolboard.pa.gov