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Pa. Casinos See More Revenue from Table Games

Revenue from table games is up at Pennsylvania casinos including the Sands in Bethlehem

Revenue from table games play at Pennsylvania casinos was $57.1 million in June 2012, according to a report released by the Pennsylvania Gaming Control Board. 

That represented a 15.5 percent increase in revenue from table games during June of this year compared to June of 2011.

The June figure boosted table games revenue during the 2011-12 Fiscal Year to $663.9 million, an increase of 30.8 percent over the previous state fiscal year.

June 2012 revenue at the Sands Casino Resort in Bethlehem was $12.6 million compared to $8.5 million for June 2011.

Pennsylvania's gaming revenue is

The latest monthly report, posted on the Board's website shows $9.2 million in tax revenue generated from table games this June and a total tax revenue from table games during Fiscal Year 2011-12 of $107 million.

Pennsylvania taxes gross revenue from table games at 14 percent. Of that amount, 12 percent goes the to the Commonwealth's General Fund and 2 percent to the Local Share Assessment.

Combined with the slot machine revenue generated in 2011-12, total combined revenue from casino gaming was$3,140,629,989 or 10 percent higher than in the 2010-11 Fiscal Year.  Combined tax revenue from slot machines and table games for the 2011-2012 Fiscal Year was $1,452,526,837 compared to $1,365,365,989 produced the previous Fiscal Year.

 

 





 

Sunday July 29, 2012 at 01:54 PM
"Pennsylvania's gaming revenue is among the highest in the country." Soooo, I take it that means that casinos in PA have the lowest and most infrequent jackpot wins/payouts in the country too? That figures.

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