PA table games revenue down 1% in January

HARRISBURG - Revenue from table games play at the 12 Pennsylvania casinos was $58.7 million in January 2014, according to a report released today by the Pennsylvania Gaming Control Board.

That amount represents a 1.12% decrease in revenue from table games play during January of this year compared to January of 2013.

The monthly report, posted on the Board’s web site also shows $8,426,650 million in tax revenue that was generated from table games this January.

Combined revenue from the play of slot machines and tables games during January was $230,498,811, a decrease of 7% over last January’s total of $247,622,923.

As reported earlier this month in the release of January’s slot machine revenue, play at Pennsylvania’s casinos was likely negatively impacted by the significant amounts of snow and extreme cold weather that affected all parts of the state and has continued into February. Slot machine revenue for February is expected to be released by the Board during the first week of March.

About the Pennsylvania Gaming Control Board - The Pennsylvania Gaming Control Board was established in 2004 with the passage of Act 71, also known as the Race Horse Development and Gaming Act. Pennsylvania’s first new state agency in nearly 30 years, the Gaming Control Board is tasked to oversee all aspects of the state’s casino industry. The 12 casinos in operation all offer both slot machine and table game gambling, employ over 16,000 people, and collectively generate an average of $4 million per day in tax revenue. A portion of that money is used for property tax reduction to all Pennsylvania homeowners; provide funds to the Commonwealth’s horse racing industry, fire companies, a statewide water and sewer project grant program, and the state’s General Fund; and, established a new stream of tax revenue to local governments that host casinos for community projects.