PARX CASINO LEADS PENNSYLVANIA GAMING REVENUE COMEBACK!

By Melody Miller

Pennsylvania gaming has become the comeback kid.

Figures released by the Pennsylvania Gaming Control Board show revenue generated in the state during July 2020 was $283,051,763 which represents a 0.56% increase over revenue generated in July 2019 of $281,482,227.

All 12 casinos were in operation for all or most of the month for the first time since March when state-mandated Covid-19 restrictions were put in in place.

Sources of gaming revenue regulated by the Pennsylvania Gaming Control Board include slot machines, table games, internet gaming, retail and internet sports wagering, fantasy contests and video gaming terminals (VGTs). The Board has posted separate reports for these types of gaming on its website. With the launch of internet gaming and sports wagering more than one year ago, the Board can also now report year over year comparisons for those forms of gaming.

The following chart compiles all revenue generated in July 2020 by casinos along with fantasy contests and video gaming terminals operated by other vendors, and includes a comparison to total revenue generated last July:

Source July 2020

Total Revenue

July 2019

Total Revenue

% Change
Parx Casino $59,850,558 $52,297,084 14.44%
Wind Creek Bethlehem $28,040,019 $45,341,517 -38.16%
Hollywood Casino at Penn National $27,890,918 $20,877,586 33.59%
Mount Airy Casino Resort $27,790,085 $16,459,355 68.84%
Harrah’s Philadelphia $25,862,914 $20,015,240 29.22%
Rivers Casino Philadelphia $25,036,892 $27,213,170 -8.00%
Mohegan Sun Pocono $19,500,985 $19,004,424 2.61%
Valley Forge Casino Resort $18,998,731 $12,044,192 57.74%
The Meadows Casino $18,114,929 $19,852,644 -8.75%
Rivers Casino Pittsburgh $16,868,287 $32,686,400 -48.39%
Presque Isle Downs and Casino $9,493,880 $11,251,092 -15.62%
Lady Luck Casino Nemacolin $2,608,648 $3,194,659 -18.34%
Video Gaming Terminals $2,069,180 N/A
Fantasy Contests $925,738 $1,244,864 -25.64%
Statewide Total $283,051,763 $281,482,227 0.56%

Total tax revenue generated collectively through all forms of gaming and fantasy contests was $123,323,374* during July of 2020.

Sports Wagering Revenue

July 2020 total sports wagering handle was $164,782,229, or 85% higher than June 2020 total of $89,002,562. At the same time, the taxable revenue figure for July 2020 was $8,147,480 or 22% higher than June 2020 taxable revenue of $6,660,158.

July sports wagering total handle and a breakout of revenue by casino is as follows:

Casino Operator Total

Handle2

Retail

Revenue

Online Revenue Total Revenue
The Meadows Casino $39,595,988 $67,454 $1,839,936 $1,907,390
Valley Forge Casino Resort $69,719,809 -$55,551 $1,433,330 $1,377,780
Rivers Philadelphia $14,328,507 $303,571 $896,195 $1,199,767
Parx Casino $11,260,792 $239,180 $822,701 $1,061,881
Rivers Pittsburgh $12,014,686 $287,213 $711,445 $998,658
Mount Airy Casino Resort $12,072,510 $16,370 $965,052 $981,422
Mohegan Sun Pocono $2,918,684 $88,118 $152,716 $240,834
Presque Isle Downs and Casino $1,064,966 $121,657 $31,917 $153,574
Harrah’s Philadelphia $899,544 $80,616 $24,839 $105,454
Hollywood Casino at Penn National $822,461 $98,298 $0 $98,298
Mohegan Sun Lehigh Valley2 $84,282 $22,421 $0 $22,421
South Philly Race & Sportsbook1 $0 $0 $0 $0
Statewide Total $164,782,229 $1,269,348 $6,878,131 $8,147,480

1 Operated by Parx Casino

2 A breakout of the handle between retail and online sportsbooks can be found on the website report.

Sports wagering revenue for each of the casinos, with the percentage change reflected over the previous year, is as follows:

Operator July 2020 Sports Wagering Revenue July 2019 Sports Wagering Revenue % Change
The Meadows Casino $1,907,390 N/A N/A
Valley Forge Casino Resort $1,377,780 $301,876 356%
Rivers Philadelphia $1,199,767 $1,071,187 12%
Parx Casino $1,061,881 $656,974 62%
Rivers Pittsburgh $998,658 $133,634 647%
Mount Airy Casino Resort $981,422 N/A N/A
Mohegan Sun Pocono $240,834 N/A N/A
Presque Isle Downs and Casino $153,574 $45,469 238%
Harrah’s Philadelphia $105,454 $186,574 -43%
Hollywood Casino at Penn National $98,298 $196,188 -50%
Mohegan Sun Lehigh Valley2 $22,421 N/A N/A
Oaks Race & Sportsbook1 N/A $110,162
South Philly Race & Sportsbook1 $0 $150,074 -100%
Total $8,147,480 $2,852,137 186%

1Operated by Parx Casino

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