Gross revenue from Penn. table games rises 4 percent in Oct.

Nov 20, 2012 8:23 AM

Gross revenue from table games rose more than 4 percent last month despite the effect Superstorm Sandy had on casino business in parts of Pennsylvania, state gambling regulators said.

The Pennsylvania Gaming Control Board said the state’s 11 casinos reported $55.3 million in gross revenue from table games in October, up 4.2 percent over the same period the year before.

But, when comparing only casinos open in October 2011 and October 2012, revenues were actually down slightly; Valley Forge Casino Resort became the state’s 11th casino in March and brought in $2.2 million in gross table games revenue last month, boosting this year’s total.

Mount Airy table games revenues fell 12 percent to $3.1 million versus a year ago. The Sands Bethlehem continued to show strong growth, posting a 19 percent gain to $12.8 million. The Mohegan Sun in Wilkes-Barre reported an 8 percent increase to $3.7 million.

Earlier this month, gambling regulators reported gross slots revenue declined 4.4 percent last month compared to the same period a year ago. That decline was blamed in part on Sandy, which caused massive power outages and other problems, particularly in the Philadelphia area — home to four casinos.

Gaming board spokesman Richard McGarvey said table games revenue likely would have been higher without Sandy considering that tables, which started coming online in 2010, are newer than slots and have been growing much faster in recent months. They have typically been showing year-ago increases in the double digits.

Several casinos saw declines or flat revenues from table games last month, particularly in areas directly affected by the storm.

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