Reporting Tony Romeo
Filed underBusiness & Economy, Government, Heard On, Leisure, Local, News, Pennsylvania, Syndicated Local, Watch + Listen
By Tony Romeo
HARRISBURG, Pa. (CBS) — While revenues from slot machines in Pennsylvania seem to have peaked, the take from table games notched a nine-percent jump last month compared to the previous year.
Pennsylvania slot machine revenues have been trending down slightly in recent months. They were off by more than four percent last month, compared to April 2012 (see related story).
Now comes word that table games continued to grow, increasing by just under nine-percent.
That good news must be taken with a grain of salt, however, because table game revenues in April were less than a third of the overall take from slots, which are taxed at a much higher rate.
“The table games revenue is not taxed as high,” Pennsylvania Gaming Control Board spokesman Doug Harbach said today. “It won’t ever bring in the amount of revenue that slot machine gaming brings in. But it is growing and is very successful.”
Harbach notes that one reason table games revenue growth is outpacing slots may have to do with the fact that table games have not been available in Pennsylvania as long.