June 20, 2011

Table Game Revenue Exceeds $50 MIllion For Third Month In May


The Gaming Control Board today posted revenue figures for May table games play at the ten operating casinos showing table games produced $51,401,083 in gross revenue in May generating $8,282,211 in tax revenue.
             Pennsylvania has a 16 percent tax rate on gross table games revenue with 14 percent going to the Commonwealth’s General Fund and 2 percent to the local host county and municipality.
            May’s total gross revenue exceeded $50 million for the third consecutive month, and table games has now returned more than $238 million in tax revenue to the state and local communities. That includes $73,390,655 in taxes from the play of table games along with $165 million in one-time table games certification fees paid collectively by the casinos.
            The complete report is available online.