Connect with us
Advertise at European Gaming Media

News

Pennsylvania Casino Slot Machine Revenue Decreases in April

Published

on

PA Casino Slot Machine Revenue Decreases in AprilReading Time: 2 minutes

 

The Pennsylvania Gaming Control Board posted on its web site today the monthly report for total revenue generated from the play of slot machines at casinos during April 2019.

According to the report, April’s gross revenue from slot machines at the 12 casinos was $200,359,403, a 2.8% decrease in revenue when compared to the $206,178,528 generated in April 2018. Tax revenue from the play of slots machines in April of this year was $104,259,552*.

The average number of slot machines operating on a daily basis was 25,207 during April 2019 compared to 25,841 at the casinos in April 2018.

Gross slot machine revenue for each of the casinos is as follows, with the percentage change reflected over the previous year:

Casino

April 2019

April 2018

% Change

Parx Casino

$34,964,478.56

$35,633,140.42

-1.88%

Sands Casino Resort Bethlehem

$25,042,571.69

$26,118,869.36

-4.12%

Rivers Casino

$24,850,214.80

$23,998,042.62

3.55%

Hollywood Casino at Penn National Race Course

$17,601,928.07

$18,589,692.35

-5.31%

The Meadows Casino

$17,408,484.91

$17,747,231.61

-1.91%

Mohegan Sun Pocono

$16,616,349.91

$17,548,983.38

-5.31%

Harrah’s Philadelphia Casino

$16,087,094.78

$17,628,809.46

-8.75%

SugarHouse Casino

$15,612,294.53

$15,657,907.11

-0.29%

Mount Airy Casino Resort

$11,849,751.56

$12,646,470.36

-6.30%

Presque Isle Downs and Casino

$9,867,950.34

$10,223,710.10

-3.48%

Valley Forge Casino Resort

$8,249,995.54

$8,071,088.58

2.22%

Lady Luck Casino Nemacolin

$2,208,288.21

$2,314,582.17

-4.59%

Statewide Total

$200,359,402.90

$206,178,527.52

-2.82%

*Tax revenue figures reflect amount generated prior to any adjustments by the PA Department of Revenue

 

About the Pennsylvania Gaming Control Board:

The Pennsylvania Gaming Control Board is tasked to oversee all aspects of the state’s casino industry, including sports wagering offered currently at eight locations. The oversight also includes other new gaming initiatives, expected to be launched in the coming months, which were created through Act 42 of 2017, an amendment to the Race Horse Development and Gaming Act.

The Commonwealth’s casino industry currently consists of 10 stand-alone and racetrack casinos in operation, along with the two smaller resort casinos.  These facilities collectively employ over 16,000 people and annually generate approximately $1.4 billion in tax revenue from slot machine and table games play. The largest portion of that money is used for property tax reduction to Pennsylvania homeowners.

Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at gamingcontrolboard.pa.gov. You can also follow the agency on Twitter by choosing @PAGamingControl.

 

SOURCE Pennsylvania Gaming Control Board


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Pennsylvania Casino Slot Machine Revenue Decreases in April

News

Prague Gaming Summit 2020 speaker profile: Ievgeniia Derbal (Head of Legal at Parimatch)

Published

on

  The 4th edition of the Prague Gaming Summit will take place on 6 March 2020 and welcomes leading operators, service providers and gambling industry experts from all across Europe. On the 6th of March at the Prague Gaming Summit, you have the opportunity to dive into several subjects, among which also the “Market Rundown: […]
Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Prague Gaming Summit 2020 speaker profile: Ievgeniia Derbal (Head of Legal at Parimatch)

Continue Reading

News

Prague Gaming Summit 2020 speaker profile: Maximilian von Portatius (Co-Founder and Managing Director of SPONSOR.ONLINE)

Published

on

  The 4th edition of the Prague Gaming Summit will take place on 6 March 2020 and welcomes leading operators, service providers and gambling industry experts from all across Europe. On the 6th of March at the Prague Gaming Summit, you have the opportunity to dive into several subjects, among which also the “You Thought […]
Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Prague Gaming Summit 2020 speaker profile: Maximilian von Portatius (Co-Founder and Managing Director of SPONSOR.ONLINE)

Continue Reading

News

EGBA Proposes Changes for German iGaming Market

Published

on

EGBA Proposes Changes for German iGaming Market  The European Gaming and Betting Association (EGBA) has outlined several recommendations aimed at improving the proposals for a Third State Treaty on gambling. EGBA welcomes the progress towards developing a new online gambling regulation but warns that the draft treaty proposals are inconsistent, overly restrictive in the context of current consumer demand and jeopardise […]
Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: EGBA Proposes Changes for German iGaming Market

Continue Reading

Trending

European Gaming Media and Events is a leading media and boutique event organizer in the European Union with a monthly reach of +50,000 readers. The official company (PROSHIRT SRL), has been listed for 4 years in a row among the top 3 Advertising and market research agencies in the local Top Business Romania Microcompanies based on the Financial Reports.

Contact us: sales@europeangaming.eu

Editorial / PR Submissions: editor@europeangaming.eu

Copyright © 2015 - 2020 European Gaming Media and Events. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

%d bloggers like this: