Table Game Revenue For December Increases More Than 14% Over Previous Month

HARRISBURG, Pa., Jan. 19, 2011 /PRNewswire-USNewswire/ -- Revenue figures for table games play in December 2010, posted today on the Gaming Control Board's web site, show continued growth in Pennsylvania's new table game sector of the Commonwealth's legalized casino industry.

Table games produced gross revenue in December of just over $44 million returning to Commonwealth citizens $7,052,855 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 $38,520,402 in gross revenue and $6,163,264 in tax revenue during November, 2010, a month-over-month increase of 14.4%.

The average number of tables operating daily in December was 783 or 5.18% more tables than in November when 745 were in daily operation.

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

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.

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 ten casinos in operation, legalized gaming in the Commonwealth has created, or helped race track facilities retain, nearly 14,000 living wage jobs, provided property tax reduction in each of the past three years for all homeowners, produced revenue that has reinvigorated Pennsylvania's horse racing industry, and provided a new stream of tax 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 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

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED