Meadows contributes to statewide gain in table games revenue
Table games generated $67.4M statewide in March
Pennsylvania casinos set a record as they generated $67.4 million in gross revenue from table games last month, an increase of 9 percent over the previous monthly record set a year earlier, according to gaming board figures released Monday.
Among those showing gross revenue gains in the games, which include poker, blackjack, roulette and craps, was The Meadows Racetrack & Casino.
According to Pennsylvania Gaming Control Board figures, The Meadows’ 81 table games produced gross revenue of $3,318,622 last month, up $283,639 from the $3,034,983 that was collected in March 2012, when the North Strabane Township casino operated 78 table games.
The latest table games tally also was well above The Meadows’ February gross revenue of $1,941,422.
The PGCB said that with an average of 1,041 tables in operation statewide on a daily basis, tax revenue produced in March was $9,711,678.
Boosted by a full month of play at Valley Forge Casino Resort, last month’s gross table games revenue was up from March 2012, when the casinos set the previous monthly record of $61.9 million.
Combined with figures on slot machine revenue released earlier this month, overall gross revenue from both slots and tables was $296,718,618 this March, compared to $295,012,024 in March of last year, an increase of 1 percent.
The Meadows’ closest Pennsylvania competitor, Pittsburgh’s Rivers Casino, saw its table games gross revenue remain flat from a year ago, posting $6,740,040 from its 114 tables last month, against the $6,740,328 it collected in March 2012, when it operated 108 tables.
The state’s biggest gainer was Sands Casino Resort Bethlehem, which generated $15.3 million from table games in March, up more than 25 percent over the $12.1 million it saw in March 2012.
Presque Isle Downs and Casino in Erie, meanwhile, continued to show declines as it faces new competition from just over the state line in Cleveland, which opened in May.
The Erie casino generated $1.3 million in gross revenue from table games last moth, down 38 percent from $2.1 million during the same period the year before.
The state uses casino revenue from table games and slots to support the state budget, schools, development projects, volunteer firefighting squads, local governments and horse racing.