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

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