Pennsylvania table games break revenue record in February
March 23, 2012
Pennsylvania table game play generated tax revenues of more than $9 million in February, the highest amount recorded since the inception of table games in July 2010, according to figures the Pennsylvania Gaming Control Board.
With an average of 977 tables in operation statewide on a daily basis during February, gross revenue from the play of all table games was $56.6 million. That amount was $12.9 million higher than in February 2011 when revenue totaled $43.6 million with an average of 842 tables operating on a daily basis. That is a 29.6 percent increase in revenue year over year.
Pennsylvania taxes gross table games revenue at 16 percent (14 percent to the Commonwealth's General Fund and 2 percent to local share fund) which resulted in $9.2 million of tax revenue.
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