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Pennsylvania casinos achieved US$3.2 billion revenue

The Pennsylvania Gaming Control Board today reported that the combined gross revenue from the play of slot machines and table games during the 2017/2018 state fiscal year was the highest total to date.

The total revenue of $ 3,247,599,744 closes the previous high state fiscal year total of 2015/2016 and was 1.4% higher than the total revenue achieved last state fiscal year.

A comparison of combined revenue since table games were introduced intoPennsylvaniacasinos in 2010 is below:

State Fiscal Year

(July 1 – June 30)

Slot

Machine Revenue

Table Games

Revenue

Total

Gaming

Revenue

%

Change

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

10.03%

2012/2013

$2,428,887,430

$713,107,163

$3,141,994,593

0.04%

2013/2014

$2,319,890,598

$731,874,861

$3,051,765,460

-2.87%

2014/2015

$2,335,787,919

$779,738,065

$3,115,525,984

2.09%

2015/2016

$2,388,658,549

$839,177,086

$3,227,835,635

3.60%

2016/2017

$2,336,152,508

$866,518,820

$3,202,671,328

-0.78%

2017/2018

$2,352,320,937

$895,278,807

$3,247,599,744

1.40%

The total increase was driven by the increases in both slot machines and table games revenue during the recently completed 2017/2018 state fiscal year compared to the previous fiscal year (0.7% and 3.3% respectively). The Board released year-over-year figures for slot machine revenue on July 3, 2018.

Table games revenue was up 9 of the 12 months during the fiscal year, with total revenue in 2017/2018 of $ 895,278,807 compared to $ 866,518,820 during the 2016/2017 state fiscal year.

Casino

Table Games

Revenue FY

2017/2018

Table Games

Revenue FY

2016/2017

%

Change

Sands Casino Resort Bethlehem

$235,716,102

$235,146,710

0.24%

Parx Casino

$185,933,870

$170,142,543

9.28%

SugarHouse Casino

$120,208,913

$118,693,078

1.28%

Rivers Casino

$72,112,077

$65,442,747

10.19%

Harrah’s Philadelphia Casino and Racetrack

$64,253,855

$65,633,790

-2.10%

Mount Airy Casino Resort

$45,135,697

$46,374,923

-2.67%

Mohegan Sun Pocono

$40,813,799

$43,407,091

-5.97%

The Meadows Casino

$39,222,586

$32,103,316

22.18%

Valley Forge Casino Resort

$37,800,347

$34,270,834

10.30%

Hollywood Casino at Penn National Race Course

$35,488,274

$36,145,845

-1.32%

Presque Isle Downs and Casino

$13,889,096

$15,056,674

-7.75%

Lady Luck Casino Nemacolin

$4,704,191

$4,101,268

14.70%

Statewide Total

$895,278,807

$866,518,820

3.32%

Tax revenue produced through table games play was up 4% from$138 million in fiscal year 2016/2017 to$144 million in fiscal year 2017/2018*. Estimated combined tax revenue from slot machines and table games for the 2017/2018 fiscal year was $1,336,946,353*.

Finally, the Board is also reporting June 2018 monthly table games revenue on its web site. That report shows that$73.5 million in table games revenue was generated during June 2018, a 5% increase compared to June 2017.

A comparison of gross table games revenue of the past two Junes is as follows:

Casino

June 2018

Table Games

Revenue

June 2017

Table Games

Revenue

% Change

Sands Casino Resort Bethlehem

$18,688,718

$17,569,463

6.37%

Parx Casino

$16,058,397

$14,039,603

14.38%

SugarHouse Casino

$9,429,053

$9,900,149

-4.77%

Rivers Casino

$6,236,201

$4,790,475

30.18%

Harrah’s Philadelphia Casino and Racetrack

$4,605,459

$5,531,640

-16.74%

The Meadows Casino

$3,937,248

$2,647,382

48.72%

Mount Airy Casino Resort

$3,697,522

$4,141,890

-10.73%

Valley Forge Casino Resort

$3,675,806

$3,057,518

20.22%

Mohegan Sun Pocono

$2,991,511

$3,470,592

-13.80%

Hollywood Casino at Penn National Race Course

$2,731,234

$3,164,439

-13.69%

Presque Isle Downs and Casino

$1,091,121

$1,341,612

-18.67%

Lady Luck Casino Nemacolin

$371,528

$295,673

25.65%

Statewide Total

$73,513,798

$69,950,436

5.09%

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

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