On the heels of a record amount of monthly revenue for slot machines during March of this year, the Pennsylvania Gaming Control Board announced that revenue for table games that same month was also an all-time high.
According to a release, gross revenue from the play of all table games was $61.86 million. That amount was $7.26 million or 13.3 percent higher than in March 2011.
In addition, the March table games total also eclipsed the previous high revenue month of February 2012 when gross revenue totaled $56.56 million.
Table games at in Bensalem generated over $11 million in gross revenue for March. It was the second highest of Pennsylvania’s casinos behind only Sands Casino in Bethlehem, which generated $12.12 million.
March’s successful revenue number pushed total gross table game revenue to over $1 billion since this type of gaming was added to Pennsylvania casinos in July of 2010 resulting in tax revenue to date of $161.4 million.
“Pennsylvania casinos have worked hard to refine the amount and mix of table games to meet their customer bases and maximize revenue,” says Board Chairman William H. Ryan, Jr. “With the recent opening of the 11th casino at Valley Forge, I am optimistic that the growth in the table game sector will continue.”
March proved to be a very successful month in revenue generation for both table games and slot machines. Recently the Board announced that March slot machine gross revenue of over $233 million had been the highest monthly amount since the opening of Pennsylvania’s first casino in November 2006.
Tax revenue from table games to the state (14 percent of gross revenue) during March was $8.8 million.
In addition, table games contributed tax revenue to the Local Share Fund (2 percent of gross table revenue) of $1.24 million during March. This money is returned to the counties and municipalities that host the casinos, or toward projects specifically designated in the Pennsylvania Race Horse Development and Gaming Act.
Parx Casino’s tables generated $1,658,483 in state taxes and $221,367 in local taxes for Bensalem and Bucks County.
Gross revenue for each of the casinos in March 2012 compared to March 2011 is as follows:
March 2012 Tables
March 2012 Gross Revenue
March 2011 Gross Revenue
Sands Casino Resort Bethlehem
Harrah's Chester Casino and Racetrack
Hollywood Casino at Penn National Race Course
Mount Airy Casino Resort
Mohegan Sun at Pocono Downs
The Meadows Racetrack and Casino
Presque Isle Downs and Casino
Valley Forge Casino Resort*