Happy Valley Casino hits new low — again — despite football season. See financial data
Happy Valley Casino's September revenue hit a record low for a Pennsylvania mini-casino, even during football season.Summary
Happy Valley Casino, a mini-casino near Penn State's Beaver Stadium, reported $2.04 million in gross gaming revenue for September, the lowest monthly total ever for a Pennsylvania mini-casino in a full month. This occurred despite three home football weekends, contradicting earlier expectations that football season would boost business. The casino has averaged only $2.57 million per month since opening, far below the $5.5 million projected by Convergence Strategy Group for next year. It has made operational changes, including menu adjustments, table game modifications, and new entertainment, but has also cut jobs. The shortfall affects College Township, which receives a share of gaming revenue and now expects less than $400,000 this year instead of $762,000. The article also provides September revenue data for all five of Pennsylvania's mini-casinos.
(Source：Centre Daily Times)