Report Provides New Table Games Data
August 2010 was the first full month for table games at Pennsylvania casinos, so the August 2011 revenue report includes the first year-to-year glimpse at table games revenue in the Keystone State. For instance, the nine casinos operating in August 2010 raked in $34.6-million in gross revenue. Those same nine casinos collected $48.6-million in gross revenue last month, according to the Pennsylvania Gaming Control Board’s figures.
Philadelphia’s SugarHouse Casino opened up in September 2010, so year-over-year numbers aren’t yet available for it.
Much of the increase in revenues can be attributed to the growth of table games on the casino floor. There were 636 tables operating at nine casinos in August 2010. Those same nine casinos were operating 871 tables last month.
Parx Casino in Bensalem has the most table games operating (172). Sands Casino Resort in Bethlehem had the most gross table games revenue last month ($10.8-million). July 2011 still stands as the biggest gross revenue month for table games, with $56.2-million collected across all ten casinos. That number was $54.7-million last month.
Pennsylvania’s table games law taxes gross revenue at a rate of 16%. 14% is funneled into the state’s General Fund. 2% is tacked on as a local share.