Pa. had a record year for gambling revenue. How did Wind Creek Bethlehem do?
Pennsylvania casinos set a record with over $7 billion in revenue, though Wind Creek Bethlehem saw slight declines in slot and table game revenue.Summary
Pennsylvania's casinos achieved a record fiscal year, generating over $7 billion in revenue despite slight losses for Wind Creek Bethlehem. The casino on the city's south side reported a 1.7% drop in slot machine revenue to $277 million and a 3.2% decline in table game revenue to $239.9 million. Despite these decreases, Wind Creek remained the state's leader in table games and second in slots. Concerns were raised by a 43% drop in table game revenue in June, which analysts attributed to the opening of New York City's first casino. Wind Creek management did not immediately respond to inquiries. The casino had invested in upgrades, including meeting space and a spa, to compete with the potential downstate competition. The state's Gaming Control Board noted that the revenue translated into over $3 billion in tax revenue. Parx Casino led in slots revenue, while Rivers Casino Pittsburgh followed Wind Creek. Internet gaming was the leading revenue source, with Penn Entertainment's Hollywood Casino at Penn National Racecourse contributing over $1 billion. Wind Creek saw a significant increase in sports wagering revenue, jumping 243% to $1.6 million.
(Source：Mcall)