Pennsylvania casino revenues after ilottery

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The final numbers are in for 2017, and Pennsylvania casinos have combined to set a new revenue record, but just barely. Harrah’s Philly, Meadows, and Mohegan Sun also saw their market shares dip below their annual average in December. In particular, both Mount Airy and Presque Isle struggled, with the former capturing just a 5.3% share (6.1% annual average), and Presque Isle a 3.2% share off a 3.9% annual average. On the flip side, a number of the state’s smaller casinos had below average months. Interestingly, all of the state’s top revenue generating casinos captured more market share in December than they did for 2017. The two Rush Street Gaming properties came in third and fourth, with Rivers Casino holding a 11.1% market share, and SugarHouse Casino a 9.5% share. Parx generated $48.2 mm last month, good for a 18.3% share of the market, while Sands once again dominated table game revenue (27.8% market share) en route to a 17.4% total market share. In terms of market share, December was mostly like other months in 2017, with Parx Casino leading the way, followed closely by Sands. Table games accounted for 28.79% of total revenue, which is moderately above the yearly prevalence of 27.6%. Pennsylvania casinos produced their seventh highest revenue tally of the year in December, compared to last year when December was the industry’s third worst month.

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