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Gambling in the USA

Pennsylvania Casino Slot Machine Revenue Up 1% in November

George Miller

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Pennsylvania Casino Slot Machine Revenue Up 1% in November
Reading Time: 2 minutes

 

The Pennsylvania Gaming Control Board posted on its web site today the monthly report for total revenue generated from the play of slot machines at casinos during November 2018.

According to the report, November’s gross revenue from slot machines at the 12 casinos was $183,069,177, a 1% increase in revenue when compared to the $181,329,655.27 generated in November 2017.   Tax revenue from the play of slots machines in November of this year was $95,362,840*.

The average number of slot machines operating on a daily basis was 25,316 during November 2018 compared to 25,827 at the casinos in November 2017.

Gross slot machine revenue for each of the casinos is as follows, with the percentage change reflected over the previous year:

Casino

November 2018

November 2017

% Change

Parx Casino

$33,080,444.72

$30,204,311.37

9.52%

Rivers Casino

$22,650,423.43

$20,957,992.31

8.08%

Sands Casino Resort Bethlehem

$22,554,864.10

$24,112,133.47

-6.46%

The Meadows Casino

$16,183,639.67

$16,076,981.99

0.66%

Hollywood Casino at Penn National Race Course

$15,829,600.19

$15,937,534.48

-0.68%

Harrah’s Philadelphia Casino

$15,182,798.77

$15,095,005.20

0.58%

Mohegan Sun Pocono

$14,569,224.94

$15,783,983.64

– 7.70%

SugarHouse Casino

$14,010,067.18

$14,226,497.53

-1.52%

Mount Airy Casino Resort

$11,227,162.44

$11,823,940.02

-5.05%

Presque Isle Downs and Casino

$8,288,375.44

$8,741,501.49

-5.18%

Valley Forge Casino Resort

$7,422,534.04

$6,246,268.31

18.83%

Lady Luck Casino Nemacolin

$2,070,041.94

$2,123,505.46

-2.52%

Statewide Total

$183,069,176.86

$181,329,655.27

0.96%

*Tax revenue figures reflect amount generated prior to any adjustments by the PA Department of Revenue

About the Pennsylvania Gaming Control Board:

The Pennsylvania Gaming Control Board is tasked to oversee all aspects of the state’s casino industry, along with oversight of new gaming initiatives created through amendments to the Race Horse Development and Gaming Act recently approved by the signing of Act 42 of 2017. To date, the PGCB regulates the play within the Commonwealth of Fantasy Sports Contests along with one casino operator offering Sports Wagering. Additional new gaming initiatives are expected to launch in the coming months.

The Commonwealth’s casino industry currently consists of 10 stand-alone and racetrack casinos in operation, along with the two smaller resort casinos.  These facilities collectively employ 17,000 people and annually generate approximately $1.4 billion in tax revenue from slot machine and table games play. The largest portion of that money is used for property tax reduction to all Pennsylvania homeowners.

 

Source:  Pennsylvania Gaming Control Board

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Gambling in the USA

Full House Resorts Partners with Wynn Resorts in Indiana and Colorado

Niji Narayan

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Full House Resorts Partners with Wynn Resorts in Indiana and Colorado
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Full House Resorts Inc. has entered into two new agreements with WSI US LLC, a wholly-owned subsidiary of Wynn Resorts, allowing online/mobile sports wagering throughout Indiana and Colorado.

“We are excited to partner with Wynn Resorts, allowing them to conduct mobile sports wagering throughout Indiana and Colorado. Wynn Resorts is renowned for its unparalleled focus on guest service and as the premier operator in the gaming industry. We are thrilled to see them bring their unique vision to the online space, beginning with the residents of — and many visitors to — Indiana and Colorado,” Daniel R. Lee, President and Chief Executive Officer of Full House Resorts said.

With the new agreements, the Company has now utilised all of its allowed sports wagering opportunities in Indiana and Colorado.

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Gambling in the USA

Red Rake Gaming closes social casino supply deal with Wind Creek Casino and Hotel Group

George Miller

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Red Rake Gaming closes social casino supply deal with Wind Creek Casino and Hotel Group
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Red Rake Gaming (Red Rake), a leading online casino games supplier, has entered into their first agreement as games supplier to the social casino industry. Thanks to this deal, Wind Creek Hospitality (WCH), an authority of the Poarch Band of Creek Indians, will have access to the full portfolio of Red Rake Gaming games.

WCH operates several gaming facilities in Alabama, Pennsylvania, Nevada, Aruba and Curacao, and offers online social casino games to its customers. Red Rake’s offering, which consists of slots, video bingo and table games will be available for the WCH social casino customers in the coming weeks.

Although WCH is the first social casino customer in Red Rake’s history, this is not the first step of the Spanish supplier in the social casino industry, as they have been developing and operating social casino games for almost a decade.

Nick Barr, Managing Director of Red Rake Malta, commented on the deal: “We are honoured to work alongside Wind Creek in their social casino business. This a significant step for us, because not only is this our first partner in the social casino industry as a B2B entity, but also because it is the foundation of what we expect to be another great regulated market for us in terms of real money. We anticipate a great partnership with Wind Creek for many years to come”

Ron Nesbitt, WCH Vice President of Game Operations, added: “Our social gaming site, WindCreekCasino.com, provides our customers an engaging and interactive experience that has proven to be an excellent retention tool for us over the years. We are delighted to enhance our offering with the addition of Red Rake Gaming content. The games provided are very strong, with high quality graphics, action packed feature games, and immersive bonus rounds. Combined with our top-notch rewards program, Red Rake’s game offerings will help us ensure a fantastic player experience.”

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Gambling in the USA

Tim Wilmott Steps Down as Chairman of AGA

Niji Narayan

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Tim Wilmott Steps Down as Chairman of AGA
Photo Source: linkedin.com
Reading Time: 1 minute

 

Tim Wilmott has retired from the American Gaming Association as its chairman. The legalisation and expansion of sports betting has been a key marker of Wilmott’s term.

He told AGA members: “Once PASPA happened everything changed,” referring to a Supreme Court ruling that overturned a ban on sports betting. Since then, 13 states so far have launched legalised sports betting operations in casinos, racetracks and on mobile devices.

Wilmott, CEO of casino company Penn National Gaming, said the industry’s relations with the government had become even more important with the advent of sports betting. A bill seeking federal sports betting control is now in the Senate.

Wilmott said that during his tenure and that of his previous chairman, the profile of AGA membership had changed and it had broadened as a result of work headed by CEO Bill Miller and his predecessor.

He was speaking to members at the conclusion of the 2019 G2E trade show that had attracted 30,000 gaming professionals to Las Vegas.

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