Pennsylvania Casinos Set Record For Monthly Table Games RevenueCasinos See a 9 Percent Increase Over Previous Record |
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Pennsylvania casinos brought in a March record $67.4 million in gross table games revenue. According to the state’s gaming control board, that take represents a 9 percent increase over the previous monthly record set in 2012.
The main reason for the new record is the added action at the new Valley Forge Casino Resort in King of Prussia, which opened on Mar. 31 of last year.
In total, the state took in $296.7 million from both table games and slot machine revenue. The state will collect a whopping 55 percent of that figure in taxes, which will be used to fund programs for education, volunteer firefighters, horse racing and local governments.
Pennsylvania still remains the nation’s second largest gambling market behind Nevada, but gaming experts expect the state to take a small hit once all of Maryland’s casinos introduce table games.
The state reported gaming revenue of $3.16 billion in 2012, narrowly beating out the $3.05 billion taken in by New Jersey.
Pennsylvania is currently looking into a bill that would legalize online poker and take advantage of a state population of 12.7 million people.
For more news, updates and daily tournament information from Pennsylvania, check out its state page.
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