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Gambling Business: Pennsylvania Table Game Revenue Up Year-Over-Year For April

However, Overall Revenue Down Slightly In April 2013

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On Thursday, the Pennsylvania Gaming Control Board announced that revenue generated from the action at table games at Pennsylvania casinos during April of 2013 was 8.9 percent greater than table games revenue from the same period the previous year.

The gross table games revenue produced by the state’s 11 casinos was $61,552,334, which is $5,052,710 higher than in April 2012 when revenue was $56,499,624.

According to the report, “with an average of 1,041 tables in operation statewide on a daily basis, tax revenue produced this April was $8,859,845.”

Despite the success of the table games, overall gaming revenue fell slightly.

“Coupled with figures on slot machine revenue released earlier this month, overall gross revenue from both slots and tables was $266,707,740 this April, just slightly below the $270,649,126 generated in April of last year,” the report said.

Pennsylvania is the second most lucrative casino market in the country, taking in more than $3.1 billion annually now. Nevada is at the top with around $10 billion per year.

The first casino in Pennsylvania opened in 2007, after the business was legalized in 2004.

Slot machines are taxed at a rate of 55 percent in the state, while table games are at 16 percent. Those two figures are high relative to other jurisdictions in the country.

For more news from Pennsylvania, check out its state page.