Pennsylvania Casinos Up 4.2% to $289.2M in March

The Pennsylvania Gaming Control Board has released its latest casino results for March, revealing an impressive 4.2% increase in revenues to $289.2 million. From that tally, table game revenues were higher by 11.7% at $77.9 million, while slots revenues were also up 1.7% at $211.2 million, compared to the same month last year. Around 55% of slots and 14% of table game revenues were subsequently collected by the state by way of taxes.
Furthermore, Pennsylvania’s table game revenues represented a new all-time high for the state, and beat the previous record set in December 2015 of $72.2 million. Leading the state’s table game market in March was Sands Bethlehem, which experienced a 14.8% uptick in business at $19.7 million, followed by Parx Casino with $15.4 million in revenues.
Once overall table game and slots revenues are combined, eight of the state’s 12 gambling venues reported year-on-year growth, with Parx Casino topping the market with 11.89% more revenues at $50 million, followed by Sands Bethlehem up 8.25% at $46.9 million. Also posting increases in March was SugarHouse up 4.15% at $30.24m; Harrah’s up 2.04% at $26.12m; Mohegan Sun Pocono up 0.78% at $23.5m; Meadows Casino up 5.74% at $23m; Mount Airy up 1.81% at $16.28m; and finally Valley Forge up 6.33% at $10m.
Bucking the trend and reporting year-over-year revenue declines, however, was Rivers Casino down 0.72% at $30.24m; Hollywood Casino down 2.55% at $22m; Presque Isle Downs lower by 2.44% at $11.5m; and Lady Luck Casino Nemacolin down 0.37% at $3.03m.
Biggest US Casino Markets
Nevada is by far the USA’s biggest casino market and in March generated $989.8m in revenues, or roughly 3.5 times Pennsylvania’s total of $289.2m. According to the latest results, Louisiana was the country’s third biggest casino market with $214.2m (-9.7%) in revenues, followed by New Jersey with $202.97m (-0.4%) in revenues. Other notable casino markets include Indiana with $199m (+2%), Detroit with $124.9m (+ 0.8%), and Maryland with $97.85m (+7.5%) in March.

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