Tax revenue rises nearly 11% to over US$6.5 million

PGCB releases October table game figures

In October the 707 table games being operated at Pennsylvania’s ten casinos made US$6,543,538 in tax revenue for the state, a 10.93% increase on September tax revenue. The 16% tax rate is divided into 14% for the Commonwealth’s General Fund and 2% for the local host county and municipality. According to the Pennsylvania Gaming Control Board, the number of table games installed in Pennsylvania rose 2% in October.

Harrah's Chester Casino and Racetrack offers the most table games in the state, with 25 non-banking tables, 74 banking tables and no electronic tables. Harrah’s made gross gaming revenue of US$5,800,755 in October, slightly ahead of Parx Casino’s US$5,793,303 from 57 gaming tables. Parx Casino has 48 banking tables and 9 electronic tables, none fully automated. Presque Isle Downs and Casino, with 48 banking tables, produced the least gross gaming revenue from its tables at US$1,555,387.

Rivers Casino, which has added three additional gaming tables since September, has seen a decline in its table games revenue to US$4,177,329. Mohegan Sun, with an additional six tables last month, saw a slight increase in table revenue to US$3,450,400. Mount Airy added three tables in October but revenue remained almost static. Since table games were added to Pennsylvania casinos in July this year the number of tables and table revenue have risen each month. So far only Parx Casino has included electronic gaming tables. (E-11.22.10)

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