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HOME > NEWS > Investor News > PA table games revenue in 2013-14 fiscal year increases 2.6%

PA table games revenue in 2013-14 fiscal year increases 2.6%

16 July 2014

HARRISBURG, Pennsylvania -- (PRESS RELEASE) -- The Pennsylvania Gaming Control Board today released its monthly table games revenue report for the 12 Commonwealth casinos. While the $57.8 million revenue total in June 2014 was a 2.8% decrease in table games revenue compared to June 2013, table games revenue for the Fiscal Year showed an increase.

The June figure boosted total table games revenue during the 2013-14 Fiscal Year to $731 million, an increase of 2.6% over the previous state Fiscal Year 2012-13. Total tax revenue from table games during Fiscal Year 2013-14 was $105 million.

The Board also is providing a comparison of total gaming revenues for all Fiscal Years since casino gaming began in November 2006. Pennsylvania casinos operated with just slot machines from November 2006 until July 2010 when table games were added.

Total combined revenue from casino gaming during this past Fiscal Year was $3,051,764,960 compared to revenue of $3,141,994,593 during Fiscal Year 2012-13. Combined tax revenue from slot machines and table games for the 2013-14 Fiscal Year was $1,346,502,222.

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 12 casinos in operation all offer both slot machine and table game gambling, employ over 16,000 people, and collectively generate an average of nearly $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.

 
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