Meadows’ table games revenue rises 63 percent

May 16, 2013

Pennsylvania hit it big at table games last month, and The Meadows Racetrack & Casino was a major player.

The Pennsylvania Gaming Control Board announced Thursday that the state’s 11 casinos generated an 8.9 percent increase in gross revenue over the previous April, pulling in $61,552,334 compared with $56,499,624 for the year-ago period.

The Meadows experienced the largest gain of the 11 casinos, a 63 percent rise in gross revenue. The North Strabane Township facilty operated 80 table games last month that generated $4.381,161, a leap from $2,694,896 with 79 games a year earlier.

Two Eastern Pennsylvania casinos prospered in April as well: Sands Casino Resort Bethlehem (up 28.7 percent) and Valley Forge Casino Resort, which opened in March 2012 (up 21.7 percent).

The Rivers Casino, The Meadows’ closest competition in Pennsylvania, did not fare well last month, declining 16.7 from the year-ago period. The casino on Pittsburgh’s North Side had gross revenues of $4,992,447 in April, well below $$6,048,602 from April 2012.

Preque Isle Downs and Casino, which has fared poorly in recent months, experienced a 42.9 percent decline from April 2012. Horseshoe Casino Cleveland, which opened in nearby Ohio a year ago, is providing major competition for the Erie facility.

Four other casinos showed table games gains: Parx Casino (Bensalem), Harrah’s Philadelphia Casino and Racetrack, Mohegan Sun at Pocono Downs and Mount Airy Casino Resort.

The remaining two casinos had modest declines: Sugar House Casino and Hollywood Casino at Penn National Race Course.

Slots revenue, meanwhile, dropped again in April, according to the Associated Press. Gross revenue statewide slid 4 percent from April 2012, a fifth consecutive monthly decline.



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