The
Pennsylvania Gaming Control Board (PGCB) reported that gross revenue from slot
machine gaming for the 2012 calendar year of January through December was $2.47
billion, a 2.7 percent over the same period in 2011 when gross revenue totaled
$2.40 billion.
According
to the PGCB, it was the sixth year in a row that Pennsylvania saw an increase
in revenue from slot machine gaming. The tax revenue generated from the play of
slots during 2012 was more than $1.3 billion.
"While
competition for gaming dollars from bordering states will continue to escalate,
the revenue results from legalized casino gaming in Pennsylvania continue to be
strong," said William H. Ryan, Jr., PGCB chairman. "In addition, a
healthy casino industry has resulted in the employment of more than 16,000
persons, stability in the Commonwealth's horse racing industry, funds for major
economic development and communityâbased
projects, and property tax relief for all Pennsylvania homeowners."
The report showed that in terms of slot machine play, Parx Casino ranked
tops among the state’s 11 gaming facilities, generating $385.5 million in gross
machine revenue, easily outpacing Sands Casino Resort Bethlehem ($291.5
million) and Rivers Casino ($282.1 million). Sugarhouse Casino in Philadelphia
experienced the largest uptick in yearly slot business, generating $190.1
million in gross revenue for 2012, 11.24 percent more than the $170.9 million
the facility earned in 2011. Parx Casino (2.10 percent), Sands Casino (7.60
percent), Rivers Casino (2.35 percent), The Meadows Racetrack and Casino (0.16
percent) and Mount Airy Casino Resort (2.79 percent) also experience
year-over-year slot revenue growth.
Pennsylvania slot revenues up in 2012 for sixth consecutive year
January 3, 2013
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