Gaming revenue drops in November
Gaming revenue at the state’s 12 casinos, along with digital and sports wagering, was down 2.6% in November when compared the same month of 2019, the Pennsylvania Gaming Control Board said.
Total revenue was $284.2 million, down from $292.1 million. Tax revenue was $115.9 million. Retail slots revenue saw the biggest drop at 31.5%, while table games weren’t far behind at 29.9%.
Internet gaming saw the biggest jump, from $5 million to $39.3 million, a rise of 673%. Sports wagering also saw a healthy increase of 592%, from $2.5 million to $17.9 million.
The Hollywood Casino at Penn National, owned by Wyomissing-based Penn National Gaming Inc., had total revenue of $33.6 million, a 59.4% increase over the year. The biggest catalyst for that increase game from I-gaming, which accounted $15.6 million in revenue, up from $1.8 million a year ago.
Penn National’s other facility in the state, The Meadows Casino, was down 9.4% over the year for total revenue of $18.8 million. Sports wagering accounted for $7.1 million, a 411% increase over the year. Among regional casinos: • Valley Forge Casino saw a 93.3% jump in year-over-year revenue to $33.5 million. Sports wagering was up 164% to $15.4 million. I-gaming accounted for $10.3 million.
• Parx Casino continued to be the most profitable in the state at $50.2 million, which was a 7.5% drop over the year. Its strength came from slots, which accounted for $27.5 million of the revenue.
• Harrah’s Philadelphia was down 16% to $17.6 million.
• Rivers Casino Philadelphia was up 3.4% to $30.5 million. It was closed by the city on Nov. 20 because of COVID-19 restrictions.
• Wind Creek Bethlehem was down 31% to $27.5 million.
Video Gaming Terminals saw a 242% increase over the year to revenue of $2.25 million. Marquee by Penn, owned by Penn National, had gross revenue of $1.7 million with VGTs in 22 establishments.