Business & Tech
Slots Play at Sands Goes Up in January
Sands' slots grossed 22.5 million; parent company touts positive 2011.
Revenue from slots machine play at the increased by 13.6 percent this January over January 2011, according to figures released by the Pennsylvania Gaming Control Board Thursday.
Slots at the Sands Bethlehem grossed $22.5 million last month, a significant increase over the $19.8 million earned in January 2011.
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The Sands had the second biggest increase in slots revenue in the state, following the SugarHouse Casino in Philadelphia, which saw its revenue go up more than 50 percent over a year earlier.
The Parx Casino in Bensalem was the top slots machine earner in the state with $31.6 million in earnings. The Sands was second.
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Overall, slots machine revenue in Pennsylvania increased 7.4 percent over a year ago.
Casino slots machines in the commonwealth grossed $190.5 million in January, generating more than $103 million in tax revenue for the state, according to the Gaming Control Board.
Meanwhile, the Sands Bethlehem’s parent company, the Las Vegas Sands Corp., released its fourth quarter earnings statements on Wednesday, trumpeting a financially successful year company-wide and in Bethlehem, according to this story in The Express-Times.
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