Parx Tables Earn Almost $9M in June; $117M for FY

Table games at had revenue of $8.85 million in June and finished the 2011-12 fiscal year at $117 million. The Bensalem gaming house consistently finishes second in the state to Sands Casino in Bethlehem, which earned $12.67 million in June and $128 million for fiscal year.

According to a release from the Pa. Gaming Control Board, revenue from table games at the state’s 11 casinos was $57.1 million in June and $663.9 million for the fiscal year.

The state taxes gross revenue from table games at 16 percent. Of that amount, 14 percent goes the to the Commonwealth’s General Fund and 2 percent to the Local Share Assessment.

Statewide, the tables generated $9.2 million in tax revenue in June and $107 million for the fiscal year. Total combined revenue from casino gaming (slots and tables) was $3.14 billion for $1.45 in taxes.

Gross table games revenue for each of the casinos operating in June 2012 is as follows:

Casino

June 2012 Tables

June 2012 Gross Revenue

June
2011 Tables

June 2011 Gross Revenue

Sands Casino Resort Bethlehem

152

$12,673,927

129

$8,567,465

Parx Casino

182

$8,850,173

172

$9,932,071

SugarHouse Casino

54

$6,558,316

43

$6,503,012

Harrah's Philadelphia Casino and Racetrack

125

$5,845,083

121

$6,098,999

Rivers Casino

115

$5,040,194

107

$4,698,180

The Meadows Racetrack and Casino

80

$4,469,122

71

$2,252,948

Mohegan Sun at Pocono Downs

84

$3,401,159

84

$3,301,597

Hollywood Casino at Penn National Race Course

69

$3,388,370

61

$3,144,637

Mount Airy Casino Resort

71

$3,326,529

72

$3,119,940

Valley Forge Casino Resort

50

$2,294,088

--

--

Presque Isle Downs and Casino

53

$1,213,352

44

$1,784,247

Statewide Total

1,035

$57,060,313

904

$49,403,095

The Board also provided a gross table game revenue comparison for each casino for the 2010/2011 and 2011/2012 Fiscal Years along with total gaming revenues for all Fiscal Years since casino gaming began in November 2006. Pennsylvania casinos operated just slot machines until July 2010 when table games were added.

Casino

Gross Table Games Revenue FY 2011/12

Gross Table Games Revenue FY 2010/11

Sands Casino Resort Bethlehem

$127,821,722

$73,123,884

Parx Casino

$116,911,523

$90,338,202

SugarHouse Casino

$81,208,409

$52,554,279

Harrah's Philadelphia Casino and Racetrack

$80,480,429

$70,929,125

Rivers Casino

$70,005,270

$57,692,101

Mohegan Sun at Pocono Downs

$43,111,764

$38,580,345

Mount Airy Casino Resort

$41,128,585

$37,738,361

Hollywood Casino at Penn National Race Course

$38,859,037

$34,669,240

The Meadows Racetrack and Casino

$35,683,635

$32,032,157

Presque Isle Downs and Casino

$21,525,250

$20,053,468

Valley Forge Casino Resort (opened 3/31/12)

$7,119,049

--

Statewide Total

$663,854,672

$507,711,162

State Fiscal Years
(July 1 – June 30)

Gross Slot Machine Revenue

Gross Table Games Revenue

Total Gaming    Revenue

2006/2007

$454,579,636

--

$454,579,636

2007/2008

$1,404,753,259

--

$1,404,753,259

2008/2009

$1,754,002,790

--

$1,754,002,790

2009/2010

$2,164,839,765

--

$2,164,839,765

2010/2011

$2,346,641,869

$507,711,162

$2,854,353,031

2011/2012

$2,476,775,317

$663,854,672

$3,140,629,989