Casino gambling revenue increased across Pennsylvania in October, report shows
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As casinos work to rebound after being forced to shutter this spring because of the coronavirus pandemic, overall gaming revenues were up in October compared to the same period last year, according to new figures from Pennsylvania Gaming Control Board.
Total gaming revenues from across the state hovered around $320.2 million in October, an almost 13% increase from last year, the board reported.
That increase was largely carried by iGaming slots and table games, video game terminals and sports betting. Still, traditional slots and table game revenues were down $32.1 million and $9.8 million, respectively, causing local facilities such as Rivers Casino Pittsburgh and Lady Luck Casino Nemacolin to see a drop in revenues.
Revenues at Rivers Casino on Pittsburgh’s North Shore dropped about 20%, or about $6.5 million, in October compared to the same month last year. Of those losses, slots were down by 28%, about $6.7 million, and table games were down 8%, about $517,000.
The Nemacolin casino, located in Fayette County, lost about 32% of revenues — or roughly $950,000 — compared to October 2019. Slots were down about 32%, or about $837,000, and table games were down about 37%, or almost $113,000.
The Meadows Racetrack and Casino in Washington County brought in more than $4 million more, or a revenue increase of nearly 24%, in October over last year — with sports betting making the difference. The North Strabane property saw an of increase of about 3,732% in sports wagering, bringing in an additional $6.6 million compared to October 2019.
Slots revenues at Meadows were down by 15%, or about $2.2 million, and table game revenues were down by 16%, or about $399,000.
Future reports from the state Gaming Control Board will include figures for Live! Casino Pittsburgh, which opened at the Westmoreland Mall in Hempfield on Nov. 24.
While yearly revenues are still down across Pennsylvania, the American Gaming Association in a third-quarter report said they saw signs of “encouraging gaming revenue.”
According to the organization, an almost 19% decline in legacy slots and table games was largely offset by sports betting, which grew almost 74%, and iGaming, which grew 1,898% across the state. Those increases resulted in an almost 4% increase in gaming revenue for the third quarter.
