Thursday, September 23, 2010

Table Games Tax Revenues Behind Projections

Table games at Pennsylvania casinos generated fewer tax dollars than budget revenue estimates projected they would during their first full month of operations. But the Gaming Control Board isn’t worried about the numbers.
Table games brought in $34.5 million at the nine casinos last month, and generated 4.8 million dollars in state tax money. However, budget officials are counting on about $6.2 million a month to balance the state's books.
Gaming Control Board spokesman Doug Harbach argues it’s still early, though.

"I think you’ll continue to see the popularity of these table games increase as the casinos and their staff get their marketing efforts expanded. As you see also the number of games and the types of games bring brought in to the casinos being the right mix to meet their patrons’ needs.

Philadelphia’s Parx Casino was the highest performer, bringing in 887-thousand state tax dollars. Presque Isle had the lowest totals, collecting 264-thousand dollars in taxes.
For the most part, slots revenue at the casinos was about the same as August 2009.

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