Market Overview

February Table Games Revenue Up 11% From Last Year

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Overall casino gaming revenue up 1.6%

HARRISBURG, Pa., March 15, 2018 /PRNewswire-USNewswire/ -- Gross revenue from gambling at table games in Pennsylvania casinos during February 2018 was up 11.24% compared to February of last year, according to figures released today by the Pennsylvania Gaming Control Board.

Posted on the Board's web site, gamingcontrolboard.pa.gov, the report shows that February's 2018 gross table games revenue was $73,757,805 compared to $66,303,289 in revenue generated by the 12 casinos during February 2017. 

Total tax revenue collected from table games play during February was $11,863,321* with an average of 1,269 tables in operation statewide on a daily basis.

Gross table games revenue for each of the casinos for February 2018 and February 2017 is as follows:

Casino

February 2018

Table Games

Revenue

February 2017

Table Games

Revenue

% Change

Sands Casino Resort Bethlehem

$19,145,453

$18,727,468

2.23%

Parx Casino

$16,090,888

$13,612,477

18.21%

SugarHouse Casino

$9,991,803

$7,641,904

30.75%

Rivers Casino

$6,042,930

$4,379,663

37.98%

Harrah's Philadelphia

$5,082,951

$5,399,119

-5.86%

Valley Forge Casino Resort

$3,464,497

$2,233,741

55.10%

Mohegan Sun Pocono

$3,298,201

$3,350,080

-1.55%

The Meadows Casino

$3,270,551

$2,655,641

23.15%

Hollywood Casino at Penn National Race Course

$3,051,653

$2,910,660

4.84%

Mount Airy Casino Resort

$2,782,926

$3,893,638

-28.53%

Presque Isle Downs and Casino

$1,172,012

$1,196,822

-2.07%

Lady Luck Casino Nemacolin

$363,941

$302,076

20.48%

Statewide Total

$73,757,805

$66,303,289

11.24%

The increase in table games revenue coupled with the earlier reported 1.67% decrease in slots revenue for February resulted in an overall gaming revenue increase for the month of 1.64%, per the below table:

Casino

February 2018

Total Gaming

Revenue

February 2017

Total Gaming

Revenue

% Change

Parx Casino

$48,831,577

$44,528,440

9.66%

Sands Casino Resort Bethlehem

$43,018,830

$44,049,849

-2.34%

Rivers Casino

$28,641,460

$27,422,305

4.45%

SugarHouse Casino

$24,804,726

$22,770,519

8.93%

Harrah's Philadelphia

$21,979,546

$21,758,891

1.01%

The Meadows Casino

$20,376,524

$20,364,790

0.06%

Mohegan Sun Pocono

$19,506,299

$20,323,551

-4.02%

Hollywood Casino at Penn National Race Course

$19,270,915

$20,119,800

-4.22%

Mount Airy Casino Resort

$13,063,704

$15,088,041

-13.42%

Valley Forge Casino Resort

$10,432,231

$9,037,367

15.43%

Presque Isle Downs and Casino

$10,267,264

$10,194,422

0.71%

Lady Luck Casino Nemacolin

$2,620,922

$2,913,784

-10.05%

Statewide Total

$262,813,999

$258,571,759

1.64%

*Tax revenue figures reflect amount 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.

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.

CONTACTS:  Doug Harbach or Richard McGarvey
(717) 346-8321

Cision View original content:http://www.prnewswire.com/news-releases/february-table-games-revenue-up-11-from-last-year-300614750.html

SOURCE Pennsylvania Gaming Control Board

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