<< Previous :: Next >> By Date :: Top Recent :: Top 30 days :: Top 365 days :: Back

Pennsylvania Gaming Control Board Releases Initial Table Games Revenue Report

2010-08-26

Send

Text Size:

Gaming Industry Wire The Pennsylvania Gaming Control Board released on its web site revenue figures for the first month of table games play at the nine operating casinos.

The report for July 2010, available on the Board's web site at www.pgcb.state.pa.us, represents just a partial month of revenue since implementation of table games did not occur until the middle and latter parts of the month of July.

The report on the web site reflects total gross revenue figures for each of the casinos and includes a breakdown for non-banking, banking, and electronic tables. The figures in the report and below also include revenue and taxes generated during each casino's PGCB-monitored test period held two days prior to the official opening day for table games:


Casino/ Non-Test Days (Total Days)	Tables	Gross Revenue	State Tax*	Local Tax^#
Rivers Casino 7/8 – 7/31 (24 days)	85	$3,052,531	$427,354	$61,051
Parx Casino 7/18 – 7/31 (14 days)	57	$2,328,599	$326,004	$46,572
Mount Airy Casino Resort 7/13 – 7/31 (19 days)	72	$2,028,827	$284,036	$40,577
Harrah's Chester Casino and Racetrack 7/18 – 7/31 (14 days)	99	$1,972,181	$276,105	$39,444
The Meadows Racetrack and Casino 7/8 – 7/31 (24 days)	62	$1,911,064	$267,549	$38,221
Hollywood Casino at Penn National Racecourse 7/13 – 7/31 (19 days)	50	$1,830,558	$256,278	$36,611
Sands Casino Resort Bethlehem 7/18 – 7/31 (14 days)	89	$1,655,357	$231,750	$33,107
Presque Isle Downs and Casino 7/8 – 7/31 (24 days)	48	$1,499,569	$209,940	$29,991
Mohegan Sun at Pocono Downs 7/13 – 7/31 (19 days)	62	$1,260,653	$176,491	$25,213
Statewide Total	624	$17,539,339	$2,455,508	$350,787
*14% of gross revenue ^# 2% of gross revenue

PGCB Executive Director Kevin O'Toole says the implementation of table games occurred on a schedule that allowed only a partial month of play and their first set of figures represent less than two-thirds of a full gaming month.

"We had a very aggressive and successful roll-out of table games in July that enabled the nine casinos to begin offering table games to patrons within a 10 day period," says PGCB Executive Director Kevin O'Toole. "While the implementation of table games created a significant patron traffic increase in July, it is too early to draw any conclusions on these numbers or the effect of table games on slot machine gaming."

The test periods provided an opportunity for the nine casinos to dedicate revenue toward charity. The below chart provides dollar amounts generated by each casino along with the chosen charities which received contributions:


Casino	Charity	Amount from Table Games Test*
Parx Casino	Lenape Valley Foundation Women's Humane Society of Bensalem Family of Jockey - Mario Calderon	$13,644.54
Harrah's Chester Casino and Racetrack	Delaware County Literacy Council Philadelphia Chinatown Development	$4,316.96
Sands Casino Resort Bethlehem	Bethlehem Area Public Library, Room to Grow Capital Campaign, Trinity Episcopal Church Soup Kitchen, ArtsQuest, National Museum of Industrial History, PBS 39, Boys and Girls Club of Bethlehem, Illicks Mill Partnership, Hispanic American Organization, Via Foundation, Project Easton, Northampton County Community College Foundation, Historic Bethlehem Partnership, Lehigh Valley Military Affairs Council, Miracle League of the Lehigh Valley, Council of Spanish Speaking Organizations of Lehigh Valley, South Bethlehem Historical Society	$12,184.40
The Meadows Racetrack and Casino	United Way of Washington County	$13,507.83
Hollywood Casino at Penn National Racecourse	Grantville Fire Department	$13,894.22
Rivers Casino	The Mario Lemieux Foundation	$18,150.93
Mohegan Sun at Pocono Downs	United Way of Wyoming Valley	$12,069.54
Presque Isle Downs and Casino	Early Connections	$4,146.87
Mount Airy Casino Resort	Friendship House and Saint Joseph's Center	$9,431.52
Statewide Total		$101,346.81
*Amount is only revenue generated from table game play during test periods and does not include any additional contributions that a casino may have made toward a charity or charities.

The table games revenue report available on the web site provides additional detail including a breakdown by non-banking, banking, electronic, and fully automated electronic tables. Future reports will be posted to the Gaming Control Board's web site soon after the deadline for casinos to submit monthly revenue reports on the 20th of each month.

The Gaming Control Board also posts slot machine revenue reports on its web site, and will continue to make those available within the first few days of each month.

Logos, product and company names mentioned are the property of their respective owners.