Pennsylvania Gambling Revenue Hits New Record High In March

April 19, 2016
Pennsylvania Gambling Revenue Hits New Record High In March

Pennsylvania casinos experienced yet another record, as revenue from table games in March accounted for the biggest month in the history of regulated gambling in the state.

The top-line numbers for PA gambling

The Pennsylvania Gaming Control Board just released data for table games in March, and those figures showed that the state’s casinos generated $77.9 million.

Just how good of a month was that?

  • In March of last year, casinos took in $69.8 million; the 2016 figures represent an increase of 11.7%, year over year.
  • The previous best month on record in the state was December, when $72.2 million was generated via table games.
  • Along with slots revenue released earlier this month, the overall gaming revenue increase for March was 4.2%, year over year.

The state took in $11.1 million in tax revenue on table games in March.

A closer look at PA’s casinos

Eight of the state’s 12 casinos experienced year-over-year increases in revenue across both slots and table games.

The casinos that had big Marches were led by Parx Casino in Philadelphia, with took in just shy of $50 million. That was an increase of 12% over March of 2015 ($44.7 million). Parx also saw the biggest increase for table games, up 27.6% to $15.4 million in March of this year.

Other notable revenue figures:

  • Sands Bethlehem was No. 2 both in terms of total revenue ($46.9 million) and percentage increase YoY (8.3%).
  • Rivers Casino in Pittsburgh continued to hold steady at No. 3 in overall revenue ($30.2 million), despite seeing numbers go down, YoY.
  • SugarHouse Casino, Meadows Casino and Valley Forge Casino all had big months that contributed to the overall March growth.

You can see all of this month’s data here.

The upward trend continues

Once again, the upward trend in PA continues; February was also a big month for PA casinos.

At some point, the year-over-year growth figures to abate. But for now, growth for the state’s casinos, as a whole, seems to be the norm rather than the exception.

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