PA casino revenue for March 2017
Gross gaming revenue for the state’s 12 casinos ticked up .1 percent last month or about $360,000, when compared to March of 2016. Revenue clocked in at $289.5 million for the month, according to the Pennsylvania Gaming Control Board.
That came after five straight months of YoY decreases at PA casinos, although we’re pretty sure no one is throwing a ticker-tape parade for a flat month.
The slight upward shift came from table games, which were up two percent YoY, from $77.9 million to $79.5 million.
Slot machines, however, saw another month of declining revenue, as those numbers were released earlier.
Winners and losers for PA casinos
Casinos were all over the map in March. Revenue was up at both big casinos (SugarHouse, +4.5 percent to $27.7 million) and small ones (Valley Forge, +4.4 percent to $10.5 million; Lady Luck Nemacolin, +4.2 percent to $3.2 million).
The biggest winner was Hollywood Casino at Penn National. The mid-state facility saw gaming revenue tick upwards 5.8 percent, or $1.3 million, to $23.3 million.
Here’s a look at all the casinos for the month:
Are changes coming to PA gaming?
While casino revenues are flat to declining, the state is in the middle of discussions to change gambling law in the state. Options include legalization of PA online casinos and the authorization of video gaming terminals in private establishments.
It seems unlikely the state is going to see improvements to gaming revenue without some sort of changes coming from the legislature. The state government has promised new money to the budget from gaming changes. But, to date, we still have no idea what those changes will encompass.