September marked another big month for most of Pennsylvania’s 12 casinos.
According to figures released by the Pennsylvania Gaming Control Board (PGCB) this week, casinos combined to post statewide total gaming revenues of $268,519,825 throughout the month. The number is down less than one percent from the September 2017 statewide total gaming revenue figure of $271,012,678.
September 2018 PA slot machine revenues are actually up 0.42 percent from the same month last year, hitting $196,209,617.90.
However, a decrease of 4.4 percent in table games revenue, from $75,615,712 in September 2017 to $72,310,207 last month, caused a slight statewide total gaming revenue dip.
The state collected $11,634,379 in tax revenue from table games and $102,279,882 in tax revenues from slots throughout the month.
PA’s 12 casinos operated 25,471 slot machines and 1,281 table games on a daily basis during September 2018.
Parx on top, Sands slipping
Parx continued to hold on to the title of top-grossing casino in the state. It posted $49,185,572 in total gaming revenue, up 3.66 percent from $47,447,881 in September 2017.
However, perennial second-place finisher Sands Casino Resort Bethlehem saw its numbers dip substantially. It held on to second place, but total gaming revenue figures dropped more than 10 percent from $47,506,731 in September 2017 to $42,633,271 last month.
Sands continued to post the biggest table game revenue numbers in the state, despite reporting an 18.8 drop from $22,688,379 in September 2017 to $18,422,996 last month. Its slot revenue numbers dropped 2.45 percent from $24,818,351.87 in September 2017 to $24,210,274.55.
Sands revenue numbers appear to have been falling since March 2018, when the Poarch Band of Creek Indians’ Wind Creek Hospitality announced it would be buying the property for $1.3 billion from Las Vegas Sands Corp.
The ascension of Valley Forge
Valley Forge Casino Resort posted the largest increase in September total gaming revenue. The $10,451,129 in total gaming revenue Valley Forge posted last month marked a 10.48 percent increase over the $9,459,888 it recorded in September 2017.
Valley Forge revenues have been climbing ever since it paid $1 million to the state to eliminate a $10 resort fee for customers at the end of 2017. Boyd Gaming Corporation also entered into an agreement to acquire Valley Forge Casino Resort in December 2017. The Las Vegas, Nevada-based gaming company finalized the $280.5 million deal in September.
PA casino gaming revenue numbers
Five of 12 casinos posted year-over-year gains in September. Here’s a look at the September 2018 total gaming revenue numbers and movement at all 12 casinos:
- Valley Forge Casino Resort: Up 10.48 percent to $10,451,129
- SugarHouse Casino: Up 7.70 percent to $25,907,506
- Rivers Casino: Up 5.28 percent to $29,771,379
- Parx Casino: Up 3.66 percent to $49,185,572
- Mount Airy Casino Resort: Up 1.43 percent to $17,561,628
- Harrah’s Philadelphia: Down 1.57 percent to $21,222,195
- Presque Isle Downs and Casino: Down 2.26 percent to $10,882,072
- The Meadows Casino: Down 2.48 percent to $19,667,925
- Hollywood Casino at Penn National Race Course: Down 3.65 percent to $19,569,686
- Lady Luck Casino Nemacolin: Down 8.59 percent to $2,751,150
- Mohegan Sun Pocono: Down 8.91 percent to $18,916,313
- Sands Casino Resort Bethlehem: Down 10.26 percent to $42,633,271
For most, the numbers are expected to climb substantially with the launch of PA sports betting and PA online casinos coming in the fourth quarter of 2018 or early 2019.
The following charts, courtesy of PlayPennsylvania.com, display September 2018 PA market share numbers and a PA gaming revenue comparison: