Pennsylvania No. 2 In Casino Revenue, Behind Only Las Vegas

Map of Pennsylvania

Map of Pennsylvania (Photo credit: Wikipedia)

PHILADELPHIA — Gross revenue from Pennsylvania’s 11 casinos rose 4.4 percent last year to more than $3.1 billion, further cementing the state’s status as the second-largest U.S. gambling market as the Atlantic City market saw another decline.

The Pennsylvania Gaming Control Board reported the state’s 11 casinos brought in nearly $3.16 billion in gross revenue from slot machines and table games last year, up from just over $3 billion in 2011.  The figures were boosted by growth in table games, which generated $687.4 million in gross revenue last year, up about 11 percent from the year before.  Earlier this month, the state reported revenues from slot machines in 2012 were $2.47 billion, up about 2.7 percent from 2011.

Read more:  http://www.pottsmerc.com/article/20130117/NEWS03/130119460/pennsylvania-no-2-in-casino-revenue-behind-only-las-vegas

Sands Casino Resort Bethlehem Table Games Boom Benefits Easton

English: Skyline of Easton, PA from Lafayette ...

English: Skyline of Easton, PA from Lafayette College (Photo credit: Wikipedia)

Editor’s note:  Great to see this money benefit the taxpayers of Pennsylvania!

The city was left out of the local share of taxes on the casino’s thousands of slot machines, but came away with a 25 percent cut of local table gaming taxes. The games — poker, blackjack and more than a dozen other options — remain a fraction of the tens of millions poured into Sands’ slot machines, but the casino’s tables are the most popular in the state and show no sign of slowing down.

The city budgeted $560,000 in table games money this year, a slight uptick from 2011′s $530,000 haul, yet Easton could see more than $700,000 if the boom in south Bethlehem continues. Through the first two quarters this year, Sands shunted $336,000 into Easton’s coffers and the table games at Sands remain the state’s highest grossing.

“We are definitely getting more than we expected,” Easton Finance Director Chris Heagele said.

Read more: http://www.mcall.com/news/local/easton/mc-easton-sees-windfall-table-games-revenue-20120824,0,5728945.story

Sands Bethlehem Leads The Way As Pa. Slot Machine Revenue Up In May

English: Slot machines at Wookey Hole Caves

English: Slot machines at Wookey Hole Caves (Photo credit: Wikipedia)

PHILADELPHIA. PA  (AP) — Pennsylvania’s gross slot machine revenue was up 3.4 percent in May over the year before, boosted by the second full month of play at Valley Forge Casino Resort in suburban Philadelphia. Existing casinos, meanwhile, saw a modest rise after they registered just the third such monthly decline in April.

The state’s 11 casinos — including Valley Forge, which opened March 31 — collected $212.5 million in gross slots revenue in May, an increase over $205.5 million from the same period the year before, according to revenue figures released Monday by the Pennsylvania Gaming Control Board. The 10 existing casinos that were open in both May 2011 and May 2012 saw an increase of 1.5 percent, a month after their gross slots revenue had dipped .6 percent.

Sands Casino Resort Bethlehem showed the most growth in May, pulling in $25.1 million in gross slots revenue, an increase of 11.2 percent over May 2011. The state’s second-newest facility, Sugarhouse Casino in Philadelphia, wasn’t far behind: It reported $16.4 million in gross revenue, an increase of just less than 10 percent.

Read more: http://www.mcall.com/news/breaking/mc-pennsylvania-casino-revenue-060412-20120604,0,4866675.story

Pennsylvania Cements Status As Nation’s No. 2 Gambling Market

Slot machines at Wookey Hole Caves

Slot machines at Wookey Hole Caves (Photo credit: Wikipedia)

Editor’s note:  PottsVegas never happened but evidently other communities have embraced casinos!  King of Prussia wasn’t too good for a casino!

PHILADELPHIA – Pennsylvania’s 11 casinos pulled in more than $233.1 million in gross slot machine revenue last month, setting an all-time monthly high since the state’s first casino opened in November 2006 and cementing the state’s status as the nation’s second-largest gambling market.

The slots totals released Tuesday by the Pennsylvania Gaming Control Board include revenue from two test nights and one day of operations at the state’s 11th casino, Valley Forge Casino Resort, which opened Saturday. Overall, the figures broke the previous monthly record of $218.3 million set in July, and they represent an 8.5 percent increase over March 2011.

Read more: http://readingeagle.com/article.aspx?id=377820

Casino Nears Completion At Valley Forge Convention Center

English: Slot machines at Wookey Hole Caves

Image via Wikipedia

Construction crews are putting the finishing touches on Pennsylvania’s 11th slot-machine casino, set to open next month at a convention center just outside Valley Forge National Historical Park.

The sounds of drills, power lifts and hammers filled the air at the still-under-construction casino Tuesday, when the casino’s operators gave tours of the new facility. That cacophony, however, will soon give way to the cha-ching of coins and the whirr of slot machines when the casino fully opens for business on March 31 with 600 slots and 50 table games.

The scheduled opening comes as competition for gamblers is growing in the suburban Philadelphia market, which already has the Parx Casino in Bensalem, SugarHouse Casino in Philadelphia and Harrah’s Chester Casino & Racetrack in Chester. By law, Pennsylvania could one day be home to 14 casinos.

Read more: http://www.mcall.com/news/nationworld/pennsylvania/mc-valley-forge-casino-20120228,0,6627210.story

Slots Approved For Valley Forge Convention Center

SlotMachine

Image via Wikipedia

Potts Vegas never materialized but it appears slot machines will be making their way into the Valley Forge Convention Center after the Pennsylvania Supreme Court approved their casino license.

Six-hundred slot machines and fifty gaming tables are planned for the convention center.  Upper Merion Township supervisors have already approved this plan.  No date for the completion of the project was announced but officials are looking to get this up and running ASAP.  

The addition of gambling will give the Valley Forge Convention Center another means to attract customers and make the convention center more of a destination.

Limerick Township turned down a casino but Upper Merion Township is certainly embracing it.