Happy Valley Casino Reports Lowest Monthly Revenue Since Opening
Happy Valley Casino reported its lowest monthly gaming revenue since opening, earning about $2.04 million in September.Summary
Happy Valley Casino reported its lowest monthly gaming revenue since opening, generating approximately $2.04 million in September, according to the Pennsylvania Gaming Control Board. The casino, located at the Nittany Mall, recorded the lowest monthly revenue among Pennsylvania's 18 casinos despite three Penn State home football games bringing visitors to the State College area. The September total of $2,042,124 included $1,618,690 from slot machines and $423,434 from table games. This represents a decline from August's $2,256,552 and a significant decrease from May, its first full month of operation, when revenue reached $3,613,600. While slot machine revenue declined from August, table games revenue rose slightly from $405,835 to $423,434. Happy Valley Casino also trailed Pennsylvania's other four Category 4 casinos, with Parx Casino Shippensburg reporting approximately $3.54 million and Hollywood Casino York generating approximately $10.59 million in September. The casino's decline came as Pennsylvania's overall gaming industry reported growth, with statewide gaming revenue reaching approximately $555 million in September, a 4.07% increase from about $533 million last September. Locally, the TravelCenters of America location in Milesburg generated $5,436 in gross video gaming terminal revenue in September, compared to $4,904 in August. Happy Valley Casino opened April 27 in the former Macy's location at the Nittany Mall, following a redevelopment project estimated at $120 million. Although September's numbers represent another monthly decline, the revenue reports do not provide information about the casino's overall profitability or operating expenses.
(Source：Newsbreak)