PA November Table Games Revenue 1.3% Lower Than Last Year


PGCB-table-revenue PA November Table Games Revenue 1.3% Lower Than Last YearReading Time: 2 minutes

 

Overall casino gaming revenue, however, rises 0.3%

 

Figures released and posted today by the Pennsylvania Gaming Control Board on its web site, www.gamingcontrolboard.pa.gov, report that table games revenue for November 2018 was $71,286,756, a decrease of 1.3% over November of last year when revenue was $72,230,798.

The Board also reported that when combining November’s table games revenue with the earlier reported increase in November’s slot machine revenue, total gaming revenue increased by 0.3% compared to November of last year.

The report also displays tax revenue from table games play during November in which the total amount was $11,452,168* with an average of 1,285 tables in daily operation statewide.

Gross table games revenue at each of the casinos for November 2018 and November 2017 along with a similar comparison for total casino gaming revenue are in the following tables:

Casino

November 2018
Table Games
Revenue

November 2017
Table Games
Revenue

% Change

Sands Casino Resort Bethlehem

$17,763,193

$20,112,687

-11.68%

Parx Casino

$15,132,349

$13,701,168

10.45%

SugarHouse Casino

$9,940,586

$10,574,515

-5.99%

Rivers Casino

$6,566,239

$5,690,081

15.40%

Harrah’s Philadelphia

$5,526,880

$4,479,198

23.39%

The Meadows Casino

$3,599,474

$3,239,834

11.10%

Mount Airy Casino Resort

$3,114,823

$3,609,738

-13.71%

Hollywood Casino at Penn National Race Course

$2,979,205

$2,750,823

8.30%

Valley Forge Casino Resort

$2,712,417

$3,303,695

-17.90%

Mohegan Sun Pocono

$2,467,812

$3,341,666

-26.15%

Presque Isle Downs and Casino

$1,255,621

$1,000,630

25.48%

Lady Luck Casino Nemacolin

$228,156

$426,761

-46.54%

Statewide Total

$71,286,756

$72,230,798

-1.31%

 

Casino

November 2018
Total Gaming
Revenue

November 2017
Total Gaming
Revenue

% Change

Parx Casino

$48,212,794

$43,905,479

9.81%

Sands Casino Resort Bethlehem

$40,318,057

$44,224,821

-8.83%

Rivers Casino

$29,216,663

$26,648,074

9.64%

SugarHouse Casino

$23,950,653

$24,801,013

-3.43%

Harrah’s Philadelphia

$20,709,679

$19,574,203

5.80%

The Meadows Casino

$19,783,114

$19,316,816

2.41%

Hollywood Casino at Penn National Race Course

$18,808,805

$18,688,358

0.64%

Mohegan Sun Pocono

$17,037,037

$19,125,650

-10.92%

Mount Airy Casino Resort

$14,341,985

$15,433,678

-7.07%

Presque Isle Downs and Casino

$9,543,996

$9,742,132

-2.03%

Valley Forge Casino Resort

$10,134,952

$9,549,963

6.13%

Lady Luck Casino Nemacolin

$2,298,198

$2,550,266

-9.88%

Statewide Total

$254,355,933

$253,560,454

0.31%

*Tax revenue figures reflect amounts generated prior to any adjustments by the PA Department of Revenue

 

About the Pennsylvania Gaming Control Board:

The Pennsylvania Gaming Control Board is tasked to oversee all aspects of the state’s casino industry, along with oversight of new gaming initiatives created through amendments to the Race Horse Development and Gaming Act recently approved by the signing of Act 42 of 2017. To date, the PGCB regulates the play within the Commonwealth of Fantasy Sports Contests along with three casino operators offering Sports Wagering. Additional new gaming initiatives are expected to launch in the coming months.

The Commonwealth’s casino industry currently consists of 10 stand-alone and racetrack casinos in operation, along with the two smaller resort casinos.  These facilities collectively employ 17,000 people and annually generate approximately $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.

Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at gamingcontrolboard.pa.gov. You can also follow the agency on Twitter by choosing @PAGamingControl.

 

Source: Pennsylvania Gaming Control Board


Source: Latest News on European Gaming Media Network…

The post PA November Table Games Revenue 1.3% Lower Than Last Year appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.


Source: Eastern European Gaming – Affiliate Programs – News – Legal Updates