Slot Machine Revenue Down, Superstorm a Factor
Slot machine gross revenue for the month of October was more than $188-million dollars across the state’s 11 casinos. That’s down 4.4% when compared to October 2011 figures. When comparing just those ten casinos operating year-to-year, the drop becomes even sharper; 6.5%.
The Pennsylvania Gaming Control Board (PGCB) cites both the severe weather that marked the final week of the month and the fact that October 2012 had just four Saturdays, compared to five of the prime gambling days in October of last year.
Sands Casino Resort in Bethlehem was the only casino to post gains in October (2.55%). Presque Isle in Erie saw the sharpest declines (-21.89%).
The state’s 11th casino, the Valley Forge Casino Resort, opened in March of 2012.