Hollywood Casino drops in July table revenue, Philly casinos surge with DNC in town

admin//August 17, 2016

The East Hanover Township casino saw its table game revenues drop from $3 million in July 2015 to less than $2.9 million in July 2016. Only two casinos in Pennsylvania saw drops more than that for July, Mount Airy Casino Resort (down 17 percent) in Monroe County and The Meadows Casino (down 15.3 percent in Washington County.

But the surge in statewide revenue may have been fueled by a one-time event: The Democratic National Convention. Table game revenue jumped 33.6 percent at SugarHouse Casino in Philadelphia— near many hotels and a short drive from the Wells Fargo Center, where much of the convention’s action took place.

Table game revenue at SugarHouse also grew in June but at only about half the pace it grew in July.

In early August, the Pennsylvania Gaming Control Board reported SugarHouse Casino had the highest-percentage gain of any Pennsylvania casino in July in slot revenue as well, jumping 4.5 percent to almost $15.8 million.

Other Philadelphia-area casinos saw similar booms for July on the tables. Table game revenue at The Valley Forge Casino Resort dropped more than 5 percent in June month-to-month, but in July it jumped 19.8 percent. Table game revenue at Harrah’s Philadelphia Casino and Racetrack in Chester dropped more than 2 percent in June, but surged almost 10 percent in July compared to July 2015.

Parx Casino in Bensalem, the least accessible to the Wells Fargo Center of the four Philadelphia-area casinos, saw table revenue jump 12 percent in July. It had dropped 2.3 percent in June from its June 2015 total.

The jumps in Philadelphia gaming helped the state’s 12 casinos increase revenue by almost 3 percent total, with table games rising 8.5 percent.

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