Table Games Revenue at Pennsylvania Casinos Hits All-Time High in March

HARRISBURG, Pa., April 18, 2016 /PRNewswire-USNewswire/ -- Gross revenue from gambling at table games in Pennsylvania casinos during March 2016 eclipsed the previous high revenue month and was 11.7% higher than March 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 March's gross table games revenue was $77,914,245 compared to $69,770,440 in revenue produced by casinos during March 2015.  

The previous high-water mark for table games revenue occurred in December 2015 at $72,223,959.

Total tax revenue from table games play during March was $11,052,726* with an average of 1,178 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 March 2016 and March 2015 is as follows:

The increase in table games revenue coupled with the earlier reported 1.7% increase in slots revenue for March resulted in an overall gaming revenue increase for the month of 4.2% over the previous year. 

*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 annually generate more than $1.4 billion 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