With Tables Added, Casinos Generate $3 Billion in 2011

With an additional $55.8 million in revenue in December from table games play at the Commonwealth’s 10 casinos, the Pennsylvania Gaming Control Board today announced that the total combined gaming revenue from slot machines and table games generated in 2011 topped $3 billion for the first time.

The Board reported that gross revenue for 2011 was $3.02 billion compared to 2010 totals of $2.49 billion, a year over year increase of 21.65 percent.

Slot Machine Gross Revenue

Table Games Gross Revenue

Total Gross Revenue

Total Tax Revenue

2010

$2,273,934,190

$212,473,870

$2,486,408,061

$1,282,793,739

2011

$2,405,867,897

$618,905,062

$3,024,772,959

$1,411,098,715

Pennsylvania taxes gross table game revenue at 16 percent and gross slot machine revenue at approximately 55 percent.

“Since one of the intents of the Gaming Act was to provide a significant source of new revenue, it is certainly gratifying to see this continued increase,” said PGCB Chairman William H. Ryan, Jr. “The ability of Pennsylvania casinos to offer top-scale amenities and high quality service is certainly a driving factor in the patronage of these entertainment facilities.”

The December table games revenue report shows tax revenue of more than $9 million with an average of 949 tables in operation on a daily basis during December, and gross revenue from play of all table games of $55,823,485. That amount was 26.6 percent higher than December 2010’s revenue of $44,080,346 when an average of 783 tables were in operation on a daily basis.

had over $10 million in table game revenue for December. It was the second highest revenue of the state’s 10 casinos following Sands Casino in Bethlehem with $11.7 million. The revenue at Parx tables generated $1,482,761 in state tax and $200,557 for Bensalem and Bucks County.

Gross revenue for each of the casinos in December 2011 compared to December 2010 is as follows:

Casino

Dec. 2011 Tables

Dec. 2011 Gross Revenue

Dec. 2010 Tables

Dec. 2010 Gross Revenue

Sands Casino Resort

Bethlehem

129

$11,727,468

91

$6,830,318

Parx Casino

183

$10,027,857

105

$6,775,955

SugarHouse Casino

54

$6,532,479

42

$5,632,497

Harrah's Chester

Casino and Racetrack

123

$5,942,422

123

$6,048,587

Rivers Casino

108

$5,920,238

86

$5,178,644

Mohegan Sun at

Pocono Downs

84

$4,283,739

84

$3,235,939

The Meadows

Racetrack and Casino

78

$3,390,887

66

$3,165,939

Hollywood Casino at

Penn National Race Course

66

$3,278,192

58

$2,705,897

Mount Airy Casino Resort

72

$2,786,443

81

$2,954,992

Presque Isle

Downs and Casino

53

$1,933,761

48

$1,551,579

Statewide Total

949

$55,823,485

783

$44,080,346