Business Booming At Montgomery County Hotels Due To Power Outages

Location of Upper Merion Township in Montgomer...

Location of Upper Merion Township in Montgomery County (Photo credit: Wikipedia)

UPPER MERION TOWNSHIP, PA — If area residents who were without power may have felt like the losers in Wednesday’s icy winter weather games, the winners were the area’s hotels, where “no vacancy” seemed to be a recurring theme.

Then again, depending on where they chose to spend Wednesday night, some of those displaced “losers” may have felt as if their luck was about to change for the better.

“Where else would you want to be but at a casino on a night like tonight, right?” said Michael Bowman, CEO and president of Valley Forge Casino Resort.

With every one of the resort’s 485 rooms due to be snapped up within the hour, Bowman said the lobby was buzzing with folks who had closed up their dark and unheated homes in search of plush lodgings on First Avenue in King of Prussia.

Read more:  http://www.timesherald.com/business/20140205/business-booming-at-montgomery-county-hotels-due-to-power-outages

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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 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