Pennsylvania Sees 10% Increase for Table Game Wins in March, Nearly $78 Million for New Record
Pennsylvania’s 12 casinos won, together $77,914,245 just from table games last month. Pennsylvania State Gaming Regulators released the figures this week expressing that this win is a 11.7% increase compared to March of 2015. This amount is a new record high for the state with it beating out just about every month for the 2015 year.
A little over $5,100,000 came from poker tables. If you compare the state’s poker tables to Nevada’s, there are only 226 in the Keystone state and more than 650 in Nevada. The first set of table games were introduced in 2010. State regulators tallied up poker room stakes since its launched and they have raked in more than $325,000,000.
Table game total tax revenue for March was $11,052,726. This averages out to 1,178 tables in full operation every day. Table game tax is set at 14% of total gross revenues. The casinos that earned the most was Sands Casino Resort Bethlehem. They led the pack with earning $19,676,814. Parx Casino came in second with $15,377,130 and SugarHouse with $9,990,171.
Online gaming is still being considered in the state. If land-based casinos are generating record high profits, once online gets approved the state could see some record high online revenues as well.