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Pennsylvania Casinos earn 4.4% more in 2012
Tuesday, January 22, 2013
HARRISBURG, Pennsylvania -- Total gross revenue from the play of slot machines and table games at Pennsylvania’s 11 casinos during calendar year 2012 was 4.4% higher than revenue generated
in 2011, according to figures released today by the Gaming Control Board.
Combined gross revenue from casino gaming was $3,158,317,863 in 2012 which produced tax revenue in the amount of $1,441,789,220.
The following chart tracks slot machines and table games gross revenue. The first slot machines began operating in November 2006 while table games were added to Pennsylvania casinos in July 2010.
The Board also reported today that gross revenue from just the play of table games at Pennsylvania casinos was $60.4 million in December 2012. That represented an 8.2% increase in gross revenue from table games during December of this year compared to December of 2011, and was the second highest gross revenue month for tables behind March 2012.
The monthly report for table games is posted on the Board’s web site, www.gamingcontrolboard.pa.gov.
The Board is also providing a gross table games revenue comparison for each casino for the 2012 and 2011. The December figure boosted table games revenue during 2012 to $687 million, an increase of 11% over the previous year.
About the Pennsylvania Gaming Control Board:
The Pennsylvania Gaming Control Board was established in 2004 with the passage of Act 71, also known as the Race Horse Development and Gaming Act. Pennsylvania’s first new state agency in nearly 30 years, the Gaming Control Board is tasked to oversee all aspects of the state’s casino industry. The 11 casinos in operation all offer both slot machine and table game gambling, employ over 16,000 people, and collectively generate an average of $4 million per day in tax revenue. A portion of that money is used for property tax reduction to all Pennsylvania homeowners; provide funds to the Commonwealth’s horse racing industry, fire companies, a statewide water and sewer project grant program, and the state’s General Fund; and, established a new stream of tax revenue to local governments that host casinos for community projects.
in 2011, according to figures released today by the Gaming Control Board.
Combined gross revenue from casino gaming was $3,158,317,863 in 2012 which produced tax revenue in the amount of $1,441,789,220.
The following chart tracks slot machines and table games gross revenue. The first slot machines began operating in November 2006 while table games were added to Pennsylvania casinos in July 2010.
The Board also reported today that gross revenue from just the play of table games at Pennsylvania casinos was $60.4 million in December 2012. That represented an 8.2% increase in gross revenue from table games during December of this year compared to December of 2011, and was the second highest gross revenue month for tables behind March 2012.
The monthly report for table games is posted on the Board’s web site, www.gamingcontrolboard.pa.gov.
The Board is also providing a gross table games revenue comparison for each casino for the 2012 and 2011. The December figure boosted table games revenue during 2012 to $687 million, an increase of 11% over the previous year.
About the Pennsylvania Gaming Control Board:
The Pennsylvania Gaming Control Board was established in 2004 with the passage of Act 71, also known as the Race Horse Development and Gaming Act. Pennsylvania’s first new state agency in nearly 30 years, the Gaming Control Board is tasked to oversee all aspects of the state’s casino industry. The 11 casinos in operation all offer both slot machine and table game gambling, employ over 16,000 people, and collectively generate an average of $4 million per day in tax revenue. A portion of that money is used for property tax reduction to all Pennsylvania homeowners; provide funds to the Commonwealth’s horse racing industry, fire companies, a statewide water and sewer project grant program, and the state’s General Fund; and, established a new stream of tax revenue to local governments that host casinos for community projects.