Clicky

Pa. Posts Dull Gambling Revenue in the Month of April - PennsylvaniaPoker.com News : PennsylvaniaPoker.com News
gambling-cash
Published on
Update on
Author

After establishing a new market record in March, it seemed like Pennsylvania casinos were set for any greater April. Unfortunately, this was not the case, and the state’s gambling industry instead reported falling gaming revenue last month.

According to the revenue figures that were released by the Pennsylvania Gaming Control Board (PGCB), the Keystone State’s 12 licensed casinos operators generated a combined slot and table game revenue of $277.8 million in April. This represented an over 1 percent year-on-year decrease and a significant decline from the all-time high of $309.1 million that was reported in March. Table games performed quite well though, posting a 3.7 percent year-on-year increase to $77.4 million.

The Individual Casino Performance

Casino April 2019 Total Gaming 
Revenue
April 2018 Total Gaming 
Revenue
% Change
Parx Casino $51,259,416 $52,128,335 -1.67%
Sands Casino Resort Bethlehem $47,031,211 $43,695,442 7.63%
Rivers Casino $31,294,242 $30,471,550 2.70%
SugarHouse Casino $28,462,036 $25,884,105 9.96%
Hollywood Casino at Penn National Race Course $20,727,328 $21,677,320 -4.38%
Harrah’s Philadelphia $20,648,441 $24,083,424 -14.26%
The Meadows Casino $19,534,043 $21,775,693 -10.29%
Mohegan Sun Pocono $19,285,858 $20,785,616 -7.22%
Mount Airy Casino Resort $14,142,806 $16,291,240 -13.19%
Valley Forge Casino Resort $11,765,486 $10,146,745 15.95%
Presque Isle Downs and Casino $11,210,451 $11,377,257 -1.47%
Lady Luck Casino Nemacolin $2,446,510 $2,529,415 -3.28%
Statewide Total $277,807,829 $280,846,142 -1.08%

Mohegan Sun’s Plans to Boost Casino Revenue

Last week Mohegan Sun defended its application for a sports betting license at a Pennsylvania Gaming Control Board (PGCB) meeting. This was just one of the issues that that casino operator brought up during the meeting. The next one was its plans to renovate and update is casino property and this raised a lot of concern among the board members.

As it turns, the operator intends to close down the property’s original casino area, relocate and renovate its poker room and reduce the number of table games in specific areas on the property. Perhaps the most surprising aspect of the plans is the operator’s aim to do away with a whopping 405 slot machines around the casino – this represents about 17 percent of the casino’s inventory. Naturally, the members of the state’s gaming control board were interested in knowing “how much of this decision is a function of the physical limitations of your space as opposed to what’s optimal.”

Perhaps the biggest sticking point with the gaming control board is the fact that modification plans involve shutting down the original casino space on the property – this will feature the majority of the slot machine reductions – the phase hosts a total of 383 slot machines. Pennsylvania is highly dependent on slot revenue and therefore Mohegan Sun will definitely have a very good reason for proposing the removal of a huge chunk of its machines.

Latest Headlines

Pennsylvania iGaming Revenues Hit $100M, Poker Remains Slow

Pennsylvania’s iGaming revenue hits $100 million in July as poker continues to bring up the rear Slots and table games led the way, with Hollywood Penn National and Rivers Philadelphia accounting for 67% of the total revenue PokerStars PA drew the biggest share of poker action, although WSOP PA has now wrapped its first bracelet […]

WSOP PA Announces $50K Depositor’s Freeroll

Following WSOP’s successful soft launch in Pennsylvania, the platform is launching its first promotions Players will be able to gain entry into the World Series $10,000 Main Event in Las Vegas if they place first or second in the upcoming $50K Depositor’s Freeroll A third ticket will be awarded randomly to one lucky player who […]

WSOP’s Launch is on the Cards for Pennsylvania

WSOP may finally be arriving in Pennsylvania, but will that change the current balance of powers PokerStars PA remains the dominant card room in the Keystone State for months now Borgata/BetMGM’s entry was modest, and revenue continues to remain low as the network targets new players The Keystone State may have a third poker operator […]

PA Online Casinos and Poker Rooms Dominate Sports Betting

Casinos and poker have posted the strongest gaming results in May, with a cumulative $110 million in gross revenue  Sports betting continues to slow down as the Super Bowl and March Madness season are over Gaming remains the biggest driver of revenue for regulated gambling markets  Pennsylvania’s online casino results continue to dwarf sports betting […]

DoJ Names Billy Joe Taylor as Defendant in $88M Medicare Fraud Scheme

Up-and-coming poker personality Billy Joe Taylor was indicted on fraud charges alleging that he defrauded Medicare of $88 million The alleged fraud happened through Taylor’s testing laboratories which DOJ suspects abused COVID-19 relief funds and other government incentives Investigators have brought a total of 14 defendants on charges of defrauding Medicare, but Taylor’s alleged involvement […]

Similar PA Casinos Post

Pennsylvania iGaming Revenues Hit $100M, Poker Remains Slow

Pennsylvania’s iGaming revenue hits $100 million in July as poker continues to bring up the rear Slots and table games led the way, with Hollywood Penn National and Rivers Philadelphia accounting for 67% of the total revenue PokerStars PA drew the biggest share of poker action, although WSOP PA has now wrapped its first bracelet […]

Problem Gambling Awareness Month Starts in Pennsylvania

The Pennsylvania Gaming Control Board has launched its Problem Gambling Awareness MonthThe initiative is a collaboration between the Department of Drug and Alcohol, Pennsylvania Lottery, and Council on Compulsive Gambling in the state As interest in gambling increases, so does the need for making treatment options for problem gambling accessible, argues the PGCB Pennsylvania kicks […]

Casinos in Pennsylvania See Results Fall by 22% YoY

Casinos in Pennsylvania see results fall by $800 million in 2020 year-over-year Digital gaming and sports betting prop up results from the ailing retail sector Poker operations still continue to grow at a modest pace Pennsylvania’s 13 casinos fell short by $800 million year-over-year in terms of revenue during 2020, data from the Pennsylvania Gaming […]

Clearing BetMGM in Pennsylvania Gives Hopes for Partypoker Arrival

The Pennsylvania Gaming Control Board (PGCB) gave green light to BetMGM’s Interactive Gaming Operator License this Wednesday, indicating that the partypoker US Network may be close to launching operations in the Keystone State. BetMGM and partypoker are operated by Roar Digital, which is a joint-venture between GVC and MGM in the United States. The company […]