FRI, 24TH MAR 2017

In-Depth Analysis for the gaming industry

NEWS 17 March 2017
Pennsylvania table games revenue drops 3% during February
By Nicole Abbott
Pennsylvania casinos experienced a dramatic decrease in gross revenue from table games during February 2017. According to data released by the Pennsylvania Gaming Control Board, gross revenue was down 2.8% compared to February of last year.

The Board provided the gross revenues from table games of 12 casinos in Pennsylvania during the month of February in 2016 and 2017.

The Board notes that the comparison month of February 2016 occurred in a leap year resulting in an extra day of gaming play last year.

Total tax revenue from table games play during February was $10,717,173 with an average of 1,229 tables in operation state-wide on a daily basis.

Lady Luck Casino Nemacolin Casinos that experienced the greatest loss from this particular lull with a 41.61% decline in table games revenue, closely followed by Valley Forge Casino Resort who saw a 31.01% decrease.

The decrease in table games revenue coupled with the earlier reported 4% decrease in slots revenue for February resulted in an overall gaming revenue decrease for the month of approximately 3.6%.

SugarHouse Casino felt the biggest loss in terms of total gaming revenue, suffering a 9.4% decline compared to February 2016.
RELATED TAGS: Casino | Poker | Financial
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