Table Game Revenue Figures For October Released By PA Gaming Control Board

HARRISBURG, Pa., Nov. 22, 2010 /PRNewswire-USNewswire/ -- The Pennsylvania Gaming Control Board today posted on its web site the revenue figures for October table games play at the ten operating casinos.

Table games produced gross revenue of $40,897,115 in October resulting in $6,543,538 in tax revenue after applying the 16% tax rate (14% to the Commonwealth's General Fund and 2% to the local host county and municipality). That compares to $36,866,126 in gross revenue and $5,898,580 in tax revenue during September 2010, an increase of 10.93%.

The average number of tables operating daily in October was 707 or 2% more tables than in September when 694 were in daily operation.

Gross revenue for each of the casinos in October 2010 is as follows:

*14% of gross revenue

^# 2% of gross revenue

A detailed breakdown of revenue by casino can be found on the PGCB website that includes information for non-banking, banking, and electronic tables, revenue and taxes generated, and the number of table games.

In addition to this report, the Board also posts monthly slot machine revenue reports on its web site.

(Note: due to a change in dates for the submission of monthly table games revenue reports by casinos to the Department of Revenue, the PGCB will begin releasing these figures approximately 5 days earlier than in the past).

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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