Table game revenue sets record for March in Pennsylvania casinos
State casinos took in a record amount of revenue from table games in March, breaking a record set a few months ago, according to a report released Wednesday by the Pennsylvania Gaming Control Board.
The 12 casinos generated more than $69.7 million in table game revenue, which is 2.7 percent higher than table game revenue in March 2014, the board said in a statement.
The previous monthly record, $67.99 million, was set in December, said Richard McGarvey, a gaming board spokesman.
“March has been a good table games month over the last few years,” he said.
Table game revenue in March 2014 was $67.93 million, the third-highest month since table games were legalized in Pennsylvania in 2010, he said. The fourth-highest month was March 2013, with revenue of $67.3 million.
The board reported $277.5 million in combined revenue from table games and slots in March. In March 2014, combined revenue was $284.1 million. Table game revenue declined at Rivers Casino on the North Shore and The Meadows Racetrack & Casino in Washington County.
Rivers received nearly $6 million in revenue from table games last month, down from $6.1 million in March 2014. The Meadows received $2.9 million, down from $3 million the previous March. Table games generated $554,620 at Lady Luck Casino at Nemacolin Woodlands, up from $496,884 last March.
More than $783 million in slot-machine gambling revenue will be available to finance property tax cuts for Pennsylvanians this year, the Wolf administration announced Wednesday.
State Budget Secretary Randy Albright certified the total, most of which will finance tax reductions for homeowners in the homestead exclusion program. That's expected to translate into tax cuts of about $200 per household, the administration said.
Final figures are expected in early May.
Michael Hasch is a staff writer for Trib Total Media. The Associated Press contributed to this report.