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Pennsylvania Gaming Control Board Chairman Greg Fajt says the continued increase in slot gaming revenue is a result of Pennsylvania casinos’ refinement of their marketing efforts, building of their "players club" bases, and making sure that the expectations of individuals who enjoy this form of adult entertainment are met. Figures for January show a 39.24% increase over January 2009, with gross revenue of US$184,214,974.
"Over 8,000 persons are working in living wage jobs at Pennsylvania casinos, jobs that simply were not in existence a few short years ago," Fajt says. "Additionally, the nine operating casinos each spent millions of dollars per month in 2009 with outside vendors for goods and services, primarily Pennsylvania companies, adding needed revenue at a time when new business is hard to come by."
The seven slots casinos operating before January 2009 all saw their gross revenue rise, with the exception of Mount Airy Resort and Casino. Mount Airy gross terminal revenue was down 15.67% from January 2009. The casino at Philadelphia Park Racetrack (parx Casino) led the revenue table, making over US$35.3 million last month. This was up over 22% on January 2009.
Pennsylvania, which uses approximately two-thirds of tax revenue to reduce property taxes, expects further increases in revenue and more jobs for Pennsylvanians with the addition of table games at casinos during the second half of 2010. An average of US$3.27 million of taxes are collected per day, which after property tax reduction go toward major economic development projects in Pennsylvania, funding of road, safety and community improvement projects in the municipalities and counties that surround the casino locations, local fire companies, and to assist Pennsylvania’s horse and harness racing industries. (E-02.04.10)
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