International edition
September 29, 2020

September brought the state us$ 5,898,580 in tax revenue

Table games pick up steam in September at Pennsylvania casinos

(US).- The state of Pennsylvania is leaving little doubt in any analysts' mind that they can overtake New Jersey as the new gaming capital of the East Coast. The table games that lawmakers legalized earlier this year have given the casinos the necessary ammunition to compete with Atlantic City casinos.

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n the first few months of existence, the table games have not disappointed. In September, gambling tax revenue from the table games increased from the previous month of August. September brought the state us$ 5,898,580 in tax revenue from the 694 table games in Pennsylvania. In August, the figure was us$ 5,528,828.

Not all of the casinos had good news regarding table game revenue. At the Mohegan Sun at Pocono Downs, table game revenue was down slightly in September. In August, the revenue was us$ 3,533,765, while in September the games took in $3,366,195. The drop is considered deeper when considering that the casino had eighty-four tables operational in September compared to only seventy-two in August.

The table games were intended to do two things for the state of Pennsylvania, bring in revenue to help the state budget and create jobs for unemployed Pennsylvanians. In the first few months, the table games have provided a spark to both the economy and the unemployment rate.

The slot revenue at Pennsylvania casinos has already eclipsed the revenue at AC casinos, and the table games may not be far behind. On Thursday, it was announced that an alliance had been formed by AC casino owners to help stave off the competition from casinos in neighboring states.

The AC casino industry was once considered to be one of the top two gaming destinations in the world. The emergence of Macau as the new gaming capital of the world, and the recent economic troubles, have combined to hit the gaming industries in Atlantic City and Las Vegas the hardest.

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