Table games produced $51,401,083 in gross revenue in May generating $8,282,211 in tax revenue. Pennsylvania has a 16% tax rate on gross table games revenue with 14% going to the Commonwealth’s General Fund and 2% to the local host county and municipality.
Gross revenue for each of the casinos in May 2011 is as follows:
Parx Casino: (171 tables), Tables Gross Revenue $9,787,136. Tax: $1,428,236.
Sands Casino Resort Bethlehem: (113 tables), Tables Gross Revenue $7,151,905. Tax: $1,001,267.
Harrah’s Chester Casino and Racetrack: (121 tables), Tables Gross Revenue $6,933,723, $970,721. Tax: $138,674.
SugarHouse Casino: (43 tables) Tables Gross Revenue $6,634,069. Tax: $928,770.
The Rivers Casino: (107 tables) Tables Gross Revenue $5,791,679. Tax: $810,835.
The Meadows Racetrack and Casino: (71 tables) Tables Gross Revenue $3,696,027. Tax: $517,444.
Mohegan Sun at Pocono Downs: (84 tables), Tables Gross Revenue $3,349,028. Tax: $468,864.
Mount Airy Casino Resort: (72 tables), Tables Gross Revenue $3,194,568. Tax: $447,240.
Hollywood Casino at Penn National Race Course: (61 tables), Tables Gross Revenue $3,178,063. Tax: $444,929.
Presque Isle Downs and Casino: (48tables), Tables Gross Revenue $1,684,887. Tax: $235,884.
Total Tables: 891
Tables Gross Revenue: $51,401,083
14% of gross revenue Tax: $7,254,189
2% of gross revenue Tax: $1,028,022
Established in 2004, the Pennsylvania Gaming Control Board is tasked to oversee all aspects of the state’s casino industry. Currently, the ten Pennsylvania casinos employ over 14,000 people and have generated over $5.1 billion in tax and license fee revenue since the first casino opened in November 2006. A percentage of the gaming tax collected allows property tax reduction for all Pennsylvania homeowners, and provides funding to the Commonwealth’s horse racing industry, plus funding for fire companies and water/sewer projects, and establishes a new stream of tax revenue to local governments for community projects.