After 11 Month Swoon, Pennsylvania Casinos Finally Break Through With Annual Gains In Slot Revenue

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Gambling revenue at Pennsylvania casinos totaled $271,006,339 in September, according to data posted by the Pennsylvania Gaming Control Board (PGCB). The figure represents a healthy 3.86% bump in earnings compared with the same time period last year.

Even more significant, September marked the first time in a year that the industry saw a plus sign next to the year-on-year slot revenue column.

Slots back on the rise

The state’s 12 casinos took in $195,396,966 in total slot revenue, reversing an 11 month trend of year-over-year slot decreases. The last such slot increase came back in September of 2016, when PA casinos took in just over $192 million.

Parx Casino was the top earner at the machines, raking in $32,393,680, with Sands a rather distant second at $24,818,352. Rivers Casino took the third spot with $22,535,899, while Nemacolin sat at the low end with $2,552,180.

Total table game revenue amounted to $75,609,373, a healthy 9.92% year-over-year increase. Sands topped the earnings list by far with $22,688,379, while Parx came in well behind at $15,054,201. The Meadows Casino took the biggest hit at the tables, banking over $1 million less than it did the previous month.

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Sands was also the big winner in terms of total revenue, raking in $47,506,731, a 5.38% increase compared with its August numbers. Parx took the second spot with a total of $47,447,881, despite experiencing a 1.32% month-over-month decrease. September was the first time since July 2016 that Parx conceded the top spot to Sands.

The third spot belonged to Rivers, which experienced a 2% month-over-month gain. The Meadows and Valley Forge saw the biggest month-over-month drops, with total revenues sliding by over 5% each.

Parx on top for 2017

Parx is still the biggest money earner of 2017, boasting a total of $429,153,211 in slot and table game revenues. Sands is a close second, with around $17 million less, with The Rivers coming in a distant third with $252,864,318.

Keystone State gaming regulators took a $108 million slice of gross revenues for all of September play. Total gaming revenue in 2017 for the entire PA casino industry now exceeds $2.44 billion.

This time last year, the industry was sitting on a nearly identical total, suggesting that the overall decrease in slot volume has been offset entirely by an increase in table game play. How this will be impacted should the table game tax rate be increased from 16% to 20% — an idea currently being floated by the Pennsylvania legislature, along with other gaming expansion provisions — remains to be seen.

 

Total September 2017 revenue

CasinoSlotsTable GamesTotal Win
Mohegan Sun$16,745,266$4,020,761$20,766,027
Parx$32,393,680$15,054,201$47,447,881
Harrah's$16,390,263$5,171,350$21,561,613
Presque Isle$9,966,286$1,167,811$11,134,097
Meadows$17,702,778$2,465,264$20,168,042
Mount Airy$13,444,724$3,868,690$17,313,414
Penn National$17,458,499$2,853,499$20,311,998
Sands Bethlehem$24,818,352$22,688,379$47,506,731
The Rivers$22,535,899$5,742,241$28,278,140
SugarHouse$14,646,981$9,408,164$24,055,145
Valley Forge$6,742,058$2,717,830$9,459,888
Nemacolin$2,552,180$451,183$3,003,363
September Totals$195,396,966$75,609,373$271,006,339

Total 2017 revenue

CasinoSlotsTable GamesTotal Win
Mohegan Sun$156,115,281$32,442,423$188,557,704
Parx$293,735,335$135,417,876$429,153,211
Harrah's$151,001,851$49,715,886$200,717,737
Presque Isle$85,518,054$11,626,046$97,144,101
Meadows$163,976,851$26,720,597$190,697,448
Mount Airy$113,161,762$37,927,410$151,089,173
Penn National$159,777,901$27,287,363$187,065,265
Sands Bethlehem$229,409,382$182,794,394$412,203,776
The Rivers$204,467,465$48,396,853$252,864,318
SugarHouse$135,022,677$89,188,122$224,210,799
Valley Forge$62,298,352$25,291,245$87,589,597
Nemacolin$23,256,463$3,397,226$26,653,689
2017 Totals$1,777,741,375$670,205,442$2,447,946,817
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Bill Grinstead

Bill has over a decade of experience working in diverse aspects of the online gambling space. He is currently focused on legal, US online gaming, which he has reported on since the industry first became regulated in the country.

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