Pennsylvania Gaming Rises 3.6% to $255.9M in January

admin, February 18, 2016 10:43 am

The Pennsylvania Gaming Control Board has released its latest results for January, revealing a 3.6% increase in revenues to $255.9 million compared to the $247 million that was collected in the same month last year. The state subsequently collected $108.85 million in gambling tax revenues.
In January, the state’s 12 casinos generated a total of $184.8 million from their slot machine operations, representing a 2.1% improvement over the $180.9 million that was taken in January 2015. That said, slot machine revenues were initially higher by 5% during the first 21 days of the month, but a winter storm subsequently made it difficult for patrons to reach state casinos, and therefore resulted in lower than usual weekend revenues for gambling operators. Nevertheless, the Keystone State still collected an impressive $98.75 million in slot machine tax revenues in January.
Pennsylvania’s table games also reported positive growth in January, with revenues coming in at $71.09 million, up 7.7% from the $66.02 million that was taken in January 2015. This then resulted in $10.1 million being channeled towards state coffers by way of gambling taxes.
When slot machine and table game revenues are combined, the state’s 12 casino operations produced the following results:
– Sands Resort Bethlehem: $44.4 (13.88%)
– Parx Casino: $43.61 (7.10%)
– Rivers Casino: $26.83 (-7.29%)
– SugarHouse Casino: $24.34 (13.45%)
– Harrah’s Philadelphia: $22.1 (-4.88%)
– Mohegan Sun Pocono: $21.04 (3.24%)
– The Meadows Casino: $20.02 (7%)
– Hollywood Casino: $18.64 (-5.99%)
– Mount Airy Casino Resort: $14.2 (2.43%)
– Valley Forge Casino Resort: $9.32 (-1.12%)
– Presque Isle Downs: $9.03 (0.75%)
– Lady Luck Casino Nemacolin: $2.31 (-4.43%)
Pennsylvania’s gambling industry first began with the launch of slot machine casinos in 2006, followed by the introduction of table games in 2010. The next year, revenues surpassed the $3 billion level, where they have remained ever since.
2006: $31.56m
2007: $1.04bn
2008: $1.61bn
2009: $1.96bn
2010: $2.48bn
2011: $3.02bn
2012: $3.15bn
2013: $3.11bn
2014: $3.07bn
2015: $3.17bn

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