Penn. enjoys increase in casino table game revenue

Feb 18, 2013 9:59 AM

More gamblers at more table games meant a 12 percent increase in gross revenue for the 11 casinos in Pennsylvania.

According to a report issued by the Pennsylvania Gaming Control Board, the gambling properties showed revenues exceeding $59 million in January. This resulted in the state reaping $9 million in additional tax revenue. The number of tables increased from 962 a year ago to 1,026.

Taking the lead in table game revenue was The Sands in Bethlehem, a casino owned and operated by Las Vegas Sands Corp. (LVS). The property reported table game revenues of nearly $14 million. It was followed by Parx in Bensalem, with $10 million; SugarHouse in Philadelphia, $7 million, and Rivers in Pittsburgh, $6 million.

Total gaming revenue during January, the board reported, totaled $248 million. That represented a year-over-year increase of nearly 2 percent.

Throughout 2012, the licensed casinos reported $3.1 billion in gambling revenues with $687 million coming from table games. Tax revenue during the year was $1.4 billion.

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