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Pennsylvania Casino Revenue Up 2.8% During August
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While gross revenue from gambling at table games in Pennsylvania casinos during August 2018 was slightly down, the Pennsylvania Gaming Control Board reported today that total gaming revenue, the combination of slot machine and table games revenue, was up 2.8% compared to August of last year.
The chart below shows a rise of more than $7.5 million in total gaming revenue this August:
Casino |
August 2018 |
August 2017 Total Gaming |
% Change |
Parx Casino |
$52,172,737 |
$48,080,224 |
8.51% |
Sands Casino Resort Bethlehem |
$44,437,750 |
$45,081,674 |
-1.43% |
Rivers Casino |
$29,976,472 |
$27,714,260 |
8.16% |
SugarHouse Casino |
$24,652,705 |
$23,069,926 |
6.86% |
Harrah’s Philadelphia |
$21,225,725 |
$20,866,442 |
1.72% |
The Meadows Casino |
$20,284,299 |
$21,331,372 |
-4.91% |
Hollywood Casino at Penn National Race Course |
$20,043,684 |
$18,859,275 |
6.28% |
Mohegan Sun Pocono |
$19,541,451 |
$20,687,196 |
-5.54% |
Mount Airy Casino Resort |
$17,752,347 |
$17,338,475 |
2.39% |
Presque Isle Downs and Casino |
$11,460,245 |
$11,538,645 |
-0.68% |
Valley Forge Casino Resort |
$10,683,577 |
$9,991,352 |
6.93% |
Lady Luck Casino Nemacolin |
$2,779,807 |
$2,901,452 |
-4.19% |
Statewide Total |
$275,010,801 |
$267,460,292 |
2.82% |
August table games revenue stood at $73,281,370 this year, a decrease of 1.3% over August of last year when revenue was $74,269,815. A casino-by-casino comparison of table games revenue follows with a more detailed report of this revenue available on the Board’s web site, www.gamingcontrolboard.pa.gov.
Casino |
August 2018 |
August 2017 |
% Change |
Sands Casino Resort Bethlehem |
$18,685,167 |
$19,951,914 |
-6.35% |
Parx Casino |
$17,384,409 |
$16,038,261 |
8.39% |
SugarHouse Casino |
$10,084,316 |
$9,052,540 |
11.40% |
Rivers Casino |
$6,398,160 |
$5,531,455 |
15.67% |
Harrah’s Philadelphia |
$5,009,079 |
$4,876,524 |
2.72% |
Mount Airy Casino Resort |
$3,714,241 |
$4,134,837 |
-10.17% |
Mohegan Sun Pocono |
$3,110,775 |
$3,680,031 |
-15.47% |
Valley Forge Casino Resort |
$3,058,516 |
$3,299,329 |
-7.30% |
Hollywood Casino at Penn National Race Course |
$2,929,704 |
$2,510,165 |
16.71% |
Presque Isle Downs and Casino |
$1,168,542 |
$1,313,075 |
-11.01% |
The Meadows Casino |
$1,437,556 |
$3,480,125 |
-58.69% |
Lady Luck Casino Nemacolin |
$300,906 |
$401,558 |
-25.07% |
Statewide Total |
$73,281,370 |
$74,269,815 |
-1.33% |
Total tax revenue from table games play during August was $11,774,566* with an average of 1,275 tables in operation statewide on a daily basis.
*Tax revenue figures reflect amount generated prior to any adjustments by the PA Department of Revenue |
About the Pennsylvania Gaming Control Board:
The Pennsylvania Gaming Control Board is tasked to oversee all aspects of the state’s casino industry, along with oversight of new gaming initiatives created through amendments to the Race Horse Development and Gaming Act recently approved by the signing of Act 42 of 2017.
The Commonwealth’s casino industry currently consists of 10 stand-alone and racetrack casinos in operation, along with the two smaller resort casinos. These facilities collectively employ 17,000 people and annually generate approximately $1.4 billion in tax revenue from slot machine and table games play. The largest portion of that money is used for property tax reduction to all Pennsylvania homeowners.
Additional information about both the PGCB’s gaming regulatory efforts and Pennsylvania’s gaming industry can be found at gamingcontrolboard.pa.gov.
Source: PGCB
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Celebrating 15 years of BEGE, Sofia Expo will transform itself again into the epicenter of the regional gaming industry from November 27-28. The annual gathering invites the industry’s key manufacturers, suppliers and customers for two days of business and networking. NOVOMATIC, as Europe’s largest gaming technology group, is naturally participating with a first-rate product range and unrivalled offerings dedicated to the Balkan markets.
The appealing DIAMOND X 1.55J cabinet will shine as one of the sophisticated product highlights at the NOVOMATIC stand #2.11, showcasing the latest Linked Progressives, such as CASH FLOOD Link and GODS & LEGENDS Link. Also being presented in the elegant DIAMOND X 1.55J cabinet will be the unique Linked Progressive XTENSION LINK Volume 2, which has quickly become a favourite with operators and players alike, with its clear above-floor average and regular top-floor performances in many casinos across different markets.
Visitors also shouldn’t miss out on the brand-new SUPERIA GAMES Link 1, which comprises 25 classic and recent titles from the renowned player favourites CASH CONNECTION and GOLDEN LINK. Furthermore, the outstanding BLACK EDITION II XL 3.32 will be presented with the exclusive NOVO LINE CASH CONNECTION Edition 4.
The BLACK EDITION II 3.27, with three 27” screens starring the NOVO LINE Edition X4 and Impera Line HD Edition 9, guarantees exciting gaming fun and profitable variety in video slot entertainment.
Visitors can also enjoy an exciting entertainment programme on the NOVOMATIC stand and delicious catering from AdmiralBet Pub.
Miloš Pejić, NOVOMATIC Regional Manager SEE, said: “We are looking forward to welcoming our customers to the extraordinary NOVOMATIC Experience at our stand. Whether you are focused on international markets or the Balkans, our product line up offers the best solution for everyone. We invite you to visit us, meet our team, and discover the best product variety for your needs. See you in Sofia!”
The post NOVOMATIC Presents New Gaming Highlights at the BEGE appeared first on European Gaming Industry News.
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The Danish Gambling Authority has called attention to FATF’s (Financial Action Task Force) updated lists of high-risk jurisdictions: the Grey List (jurisdictions under increased monitoring) and Black List (call for actions). Among other things, gambling operators must include FATF’s lists of high-risk jurisdictions when risk assessing players.
Jurisdictions listed on the Grey List are Algeria, Angola, Bulgaria, Burkina Faso, Cameroon, the Ivory Coast, Croatia, DR Congo, Haiti, Kenya, Lebanon, Mali, Monaco, Mozambique, Namibia, Nigeria, the Philippines, South Africa, South Sudan, Syria, Tanzania, Venezuela, Vietnam and Yemen.
Jurisdictions listed on the Black List are Democratic People’s Republic of Korea, Iran and Myanmar.
Gambling operators are required to conduct enhanced customer due diligence (EDD) pursuant to section 17(1) of the Danish AML Act, if a player is assessed to impose a higher risk of the gambling operator being misused for money laundering or terrorist financing.
Gambling operators shall conduct this risk assessment based on Annex 3 to the AML Act (high-risk factors) which includes the FATF high-risk country lists (the so called black list and grey list).
It is not required that gambling operators perform EDD if a country is listed on the FATF’s list. EDD are only a requirement for players from jurisdictions listed in the EU Regulation of High Risk Third Country list pursuant to 17(2) of the AML Act.
The post Spillemyndigheden Calls Attention to FATF’s Updated Lists of High-risk Jurisdictions appeared first on European Gaming Industry News.
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In this release, Betsoft’s signature Hold & Win mechanic is paired with myth-inspired aesthetics and rewarding gameplay. The HOLD & WIN FEATURE—triggered when three or more BONUS symbols land, including at least one ZEUS BONUS—offers powerful win potential. Players will watch as the ZEUS BONUS symbols lock in place, amplifying the chance to secure rewards, while standard BONUS symbols clear to open up the reels for new possibilities. The respins reset with each new BONUS symbol that lands, giving players extra opportunities to secure significant wins.
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A divine theme, crafted animations and sophisticated soundscapes ensure an immersive experience on the reels, bringing players face-to-face with the gods of Mount Olympus. The game’s stunning design and user-centric mechanics offer non-stop action and encourage player engagement at every level.
Coins of Zeus – Hold & WinTM stands as a testament to Betsoft’s commitment to creating innovative, engaging games that combine superior design with rewarding features.
Fernando Van Velzen, Head of Account Management at Betsoft Gaming, said: “With Coins of Zeus – Hold & WinTM, we have brought a fresh perspective to the mythological theme. The combination of high-quality design, captivating mechanics, and features like the ZEUS BONUS give players a truly immersive gaming experience. We are confident it will become a standout addition to our award-winning portfolio.”
The post Betsoft Gaming Invites Players to Mount Olympus in Coins of Zeus – Hold & WinTM appeared first on European Gaming Industry News.
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