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8Jun/11Off

Harrah Misses Slot Machine Data – Fined $20,000

At Harrah’s Resorts, it was discovered that for 154 days in 2008 and 2009, key electronic data was missing from the casino's slot machines and therefore it has been fined $20,000. The computer data helps the state to calculate its share of the tax revenue generated by slot play and it provides an accurate count of the cash inside the machines.

In documents posted on the website, the New Jersey Division of Gaming Enforcement disclosed that because of space limitations, the information was "permanently lost" from a backup storage system consisting of magnetic tape.

Parent company of Harrah, Caesars Entertainment Corporation has agreed to pay the fine. Regional Vice President of Marketing for Caesars Entertainment, Jennifer Weissman said that to regulations, Caesars Entertainment takes the adherence very seriously. He added that they are confident that all issues have been resolved and they recently have received an order approving the proposed settlement.

Meanwhile, it was reported that Harrah's Chester Casino and Racetrack slot revenue fell 10.98 percent in May. The report explained that seven out of the nine Pennsylvania casino properties witnessed a decline in revenue in May when compared to last year in the Pennsylvania Gaming Board figures. Compared to $25.8 million in May 2010, Harrah’s slot revenue was $22.97 million last month.

Harrah was one of seven that experienced a drop in gross revenues and it was one of the nine Pennsylvania casinos open for business last May. Thanks to the September opening of SugarHouse Casino in Philadelphia, the statewide total was up 2.28 percent statewide, to $205.5 million.

Jumping 16.58 percent from $20.4 million to $23.8 million, Rivers Casino in Pittsburgh was the only property to experience a robust increase. At Mt. Airy Casino in Monroe County, revenue was up a modest 1.7 percent.

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