How is the Gaming Industry in PA Faring Right Now?

Parx Casino Pennsylvania

The state of Pennsylvania is home to a large, successful gambling industry. Since 2020, gaming operators in the state have been working hard to boost their revenue figures. Now is the perfect time to break down exactly how the gaming industry in PA is faring right now.

There has been some real progress made here over the past six months. The casino industry, in particular, seems to be improving at a rapid pace.

Here’s what you need to know!

Pennsylvania’s Casino Industry Fared Better Than Other States in 2020

As most are aware, 2020 ended up being the worst year in history for the country’s land-based casino industry. For months, all commercial casinos were forced to shut down. Intense health and travel restrictions remained in place throughout the year, leading to a major decrease in casino visits.

Some casino markets were affected more than others. Over in Las Vegas, things turned dire extremely quickly. This city relies heavily on its tourism industry. When the casinos in Las Vegas shut down, tourism came to a screeching halt.

Atlantic City was heavily impacted, as well. The East Coast’s gambling hub was essentially shut down between March and June of 2020. A huge number of job losses quickly followed and gambling revenue remained low throughout the year.

Pennsylvania seemed to fare better than many other states. Overall, the state’s gambling revenue fell by 31% from 2019 to 2020. That is significantly less than many of the other nearby states including New Jersey.

Regulated online gambling options helped Pennsylvania make up for much of the lost land-based revenue. Pennsylvania allows both online casino gambling and sports betting. With many residents stuck at home, these internet gaming options surged in popularity.

Many are now asking how Pennsylvania’s gaming industry is faring thus far in 2021. Here’s a quick update on this situation!

The Gaming Industry in PA Continues to Improve Throughout 2021

There are a huge number of popular casinos spread throughout Pennsylvania. Throughout the first-half of 2021, these venues have seen their visitation and revenue figures increase. It’s fantastic news for the gambling operators here.

This past April, combined gross gaming revenue in the state came out to $404,105,692. That broke the record set just one month prior. Many expect that May’s revenue figures will once again set a new record for the state.

The Parx Casino saw the biggest revenue increase in April. Incredibly, this state managed to bring in $62,944,591. That is a massive increase from the $4,307,273 brought in during April of 2020. This venue in Bensalem remains the most popular gambling establishment in the state.

The Hollywood Casino at Penn National came in second with a combined $53,530,883 in GGR this April. In third place is the Rivers Casino Philadelphia at $49,057,486. The lowest-earner of April was the Hollywood Casino Morgantown at just $1,139,054.

It’s clear that a growing number of PA residents are choosing to play inside casinos. Pennsylvania’s casinos may also be attracting visitors from neighboring states. Hope is that this trend continues for the rest of the year.

The casinos in Pennsylvania certainly have reason to celebrate. Recent reports also indicate the sports betting companies here are seeing a major increase in revenue lately.

PA’s Sports Betting Industry is Still One of the Country’s Strongest

The US Supreme Court struck down PASPA back in May of 2018. This decision proved to be monumental for the country’s gambling industry. PASPA’s removal immediately gave every state the ability to legalize and regulate sports betting.

It didn’t take long for Pennsylvania to embrace this industry. Today, both land-based and online sportsbooks are available here. Sports betting revenue has been steadily increasing in the state since these sportsbooks launched.

This past April, sports betting handle and revenue decreased for the first time in months. Most feel the end of the college basketball season led to this revenue decrease. When compared to 2020, however, Apri’s revenue saw a staggering 941.8% increase.

Analysts expect May’s sports betting revenue figures to increase significantly thanks to the NBA season. A handful of major MMA events could also contribute to a better month. We’ll be sure to report on the numbers here as soon as they are released.

Overall, the gaming industry in PA is going strong right now. 2020 was an extremely difficult year for the gambling companies here. Things are bouncing back in a big way and 2021 may end up being the best overall year in history for the casinos and sports betting operators throughout the state.

Are you surprised to see casino revenue in Pennsylvania bounce back so quickly? Let us know in the comments section below.

Pennsylvania Casinos Can Return to 100% Capacity on Memorial Day

Pennsylvania Symbol With a Slots Background
Memorial Day 2021 will be different for Pennsylvania casinos.

Beset by state-ordered closures during the start of the COVID-19 pandemic, Pennsylvania casinos were closed on Memorial Day 2020 in an attempt to slow down the spread of the coronavirus. This year, the state will lift all COVID-19 restrictions except the wearing of face mask.

In a statement, Governor Tom Wolf said that Pennsylvania casinos can return to 100% operating capacity on Memorial Day. In addition, the limits on bars and restaurants will also be lifted.

Philly to Review State Plan

After Gov. Wolf’s announcement, Philadelphia Health Commissioner Thomas Farley did not say if the City of Brotherly Love will follow suit. Rather, Farley said that the Commission would review the state’s plan first.

Farley’s statement drew a violent reaction from Philadelphia’s council members who countered that Farley should set a reopening date since the Rivers Casino Philadelphia and Live! Casino Philadelphia are within the city’s boundaries and as such, are subject to its rules.

Operative Word is “Can”

After last year’s forced closure of Pennsylvania casinos for 100 days, the state gaming board released COVID-19 protocols for reopening. But with the state now allowing them to return to 100% operating capacity, it remains to be seen what the Pennsylvania casinos will do in terms of added capacity and what additional health and safety measures they put in place.

With Pennsylvania Casinos returning to 100% capacity and the increasing number of residents getting vaccinated, these gambling companies have started actively hiring. Last week, the Valley Forge Casino held a job fair. Most of the Pennsylvania casinos have upped their recruitment efforts by posting job ads in social media.

PA Casino Revenue Plummeted in 2020

Due to the COVID-19 pandemic, Pennsylvania casinos racked up a total of 1,500 closure days which would be equivalent to ⅓ of the number of days the casinos would have operated normally. Because of that Pennsylvania casino revenue in 2002 plummeted with land-based casino revenue nearly halved.

According to the Pennsylvania Gaming Control Board, the state’s 13 casinos, fantasy sports operators, and truck stops generating a total revenue of $2.65B in 2020. That among was a significant drop from the $3.B taken in by 12 Pennsylvania casinos in 2019, or a 22% drop.

Penn National Launches Penn Game Studios

Penn National Gaming
Penn National Gaming announced on Monday that it has established an in-house content team called Penn Game Studios which will focus on creating exclusive iCasino content to its customers.

Said Penn Gaming President and CEO Jay Snowden:

“We are incredibly excited to be launching Penn Game Studios, which is another important step in our Company’s evolution into the leading omni-channel provider of retail and interactive gaming, sports betting and entertainment. We will now have the ability to create exclusive content for our audiences, further leverage the Barstool Sports brand and our database of 20 million mychoice customers, and create cross-marketing opportunities with our brick and mortar facilities.”

Buying Two Related Companies

To jumpstart Penn Game Studios, Penn National Gaming has acquired HitPoint, and independent game design and development studio founded in Massachusetts in 2008. Penn National also bought HitPoint’s spun off real money gaming company, LuckyPoint Inc.

HitPoint has created more than 50 games for some of the largest brands in the industry like Microsoft, Disney, Ellen DeGeneres, EA/PopCap, Google and NBC Universal. Meanwhile, LuckyPoint spun off in 2019 to focus on developing real-money games and the operation of a remote gaming server. Aside from traditional online casino games and slots, LuckyPoint also brings a variety of gaming options including the retro-style arcade games and puzzle games.

Subject to Satisfaction of Closing Condition

The acquisition is subject to the satisfaction of customary closing conditions. Upon tst completion, a total of 30 employees from HitPoint and LuckyPoint will be absorbed by Penn Gaming’s wholly owned interactive division called Penn Interaction. The employees comprise designers, engineers, and artists.

Penn National Gaming is the largest and most diversified regional betting footprint. It has a total of 41 properties across 19 states. Those properties have a total of 50,000 gaming machines, 1300 table games, and 8,800 hotel rooms operating in brands such as Hollywood, Ameristar, and L’Auberge.

Centre County Casino Project to Have Major Economic Impact

Wheel Of Fortune Slot
Updated projections on the economic impact of the planned Pennsylvania casino at Centre County reveal eye opening figures.

Among the highlights are the first year revenue projection of $91M and more than $100M one year after that. The projections also predict an annual new tax revenue of $60,000 for Centre County plus 500 permanent jobs in College Township, where the casino will operate for at least a decade.

Located At The Former Macy’s Site

The new Pennsylvania casino would be built on the former Macy’s at the Nittany Mall, which is an ideal location because of the ample free parking space on that side of the mall. Construction is expected to begin later this year, with the casino opening being targeted for next year.

As a mini-casino with a Category 4 license, the planned Pennsylvania casino is expected to have 300-750 slot machines. For an extra fee of $2.5M, the licensee can apply to add up to 30 gaming tables, with the option to add another 10 after one year of operations. Sports betting is also an option but at another additional cost of $10M in licensing fees.

$120M Mini-Casino Project

Last January, Bally’s Corporation announced that it had signed and agreement with Penn State alumnus Ira Lubert to jointly design, develop, construct, and manage a $120M mini-casino project in Centre County. Under the deal, Bally’s will acquire a major interest in the partnership, including 100% interest in retail sports betting, online sports betting, and iGaming activities.

If approved, the casino will breathe some life back to the Nittany Mall which has lost several of its top stores in recent years. Macy’s, Sears, JC Penney, and Bon-Ton have all left Centre County and right now, there is only one anchor store left in the mall-Dunham Sports. With these closures, hundreds of jobs in the area have been lost.

BetRivers Sportsbook-Style Lounge at the PPG Paints Arena is Now Open

Person Browsing a Sports Betting Site on a Tablet
The BetRivers sportsbook style lounge at the PPG Paints Arena officially opened to the public last April 24th after a ribbon-cutting ceremony one day earlier.

The lounge is a joint project of Rivers Casino Pittsburgh, Rush Street Interactive’s BetRivers.com and the NHL’s Pittsburgh Penguins. It is designed to elevate fans’ game day experience by integrating the retail sportsbook and popular online casino brand to the arena.

Rivers Casino Pittsburgh and BetRivers.com are the official casino and sports betting partners of the Penguins, respectively.

Said David Morehouse, President and CEO of the Pittsburgh Penguins in a press release:

“The BetRivers Lounge is yet another investment delivered under our Rivers partnership to enhance fan experiences inside PPG Paints Arena. The lounge will provide a safe and exciting space for fans to enjoy an innovative and multimedia experience while attending Pens games and other live sporting events year-round.”

Betting on The Penguins’ Games

With the opening of the PPG Paints Arena betting lounge, fans 21 years old or older can now place bets on Penguins’ games and other sporting events from the lounge, anywhere in the PPG Paints Arena, at the Rivers Casino Pittsburgh, and elsewhere throughout the Commonwealth.

All sports bet are made using the BetRivers Pennsylvania App via mobile devices. The BetRivers app also encourages fans to continue to stay engaged throughout the game with exciting in-game betting options.

Same Look and Feel as Rivers Casino Pittsburgh SportsBook

The BetRivers Lounge at the PPG Paints Arena was designed by the DMAC Architecture of Chicago and has the same look and feel of the popular in-casino sportsbook at the Rivers Casino Pittsburgh on the North Shore which it also created.

Located on the arena’s third floor and in the former space of several rows at the top of Section 120 in the arena’s lower bowl, the brand new lounge features two rows of ticketed bowl seats, a lounge area with club chairs, a generous bar top, high definition video screens, and streaming odds boards.

Stardust Casino to Be Launched in Pennsylvania and New Jersey

Old Photo of the Stardust Sign in Las Vegas

The legendary gaming brand Stardust Casino will be resurrected as an online gaming option in Pennsylvania.

This was announced on Monday by a group led by Boyd Gaming and FanDuel. Pending regulatory approvals, the consortium plans to launch its online platform in April. At the same time, it was also announced that FanDuel’s Betfair Casino in New Jersey will be rebranded to the Stardust name.

A single Stardust App will be used for both states. This will be available via IOS, Google Play, and the website stardustcasino.com It will feature a wide range of slots and table games, including a live dealer version of those.

Said Keith Smith, President and Chief Executive Officer of Boyd Gaming:

“For nearly 50 years, the Stardust was one of the most famous casinos on the Las Vegas Strip. And while the resort has been gone for more than a decade, the Stardust brand is still as well-known and popular as ever. We are excited to work with our partners at FanDuel to launch our first real-money online casinos and are confident this legendary brand will give us a significant advantage in connecting with players looking for a distinctive online gaming experience.”

15th iGaming Platform in Pennsylvania

If no other iGaming platform launches between now and April, the Stardust online casino will be the 15th of its kind in Pennsylvania after BetMGM launched its Borgata brand last month.

Boyd Gaming owns the Valley Forge Casino Resort in Pennsylvania through which FanDuel operates an online platform that accommodates sports betting and casino games. That FanDuel site is expected to be retained while the Stardust online casino, which will operate without a sportsbook, uses a second iCasino skin belonging to Boyd Gaming.

Boyd’s First Venture in Online Gaming Industry

Founded in 1975, Boyd Gaming has a total of 28 gambling properties across 10 U.S. states. But despite its casino operations being geographically diversified, the Stardust Online casino is Boyd Gaming’s first venture in the online gaming industry.

Boyd Gaming owns 5% equity in the FanDuel Group so there was no surprise why it picked the sportsbetting operator as partner for this new endeavor. FanDuel’s proprietary front-end, apps, and player management system will be used in the Stardust project and those will be linked to Boyd’s B Connected player loyalty program.

One of Las Vegas’ Most Iconic Casinos

The Stardust was one of Las Vegas’ most iconic casinos and it played a big part in Las Vegas being branded as “Sin City”. Conceived by Italian-born businessman Tony Cornero who was a gambling entrepreneur during the 1920s to 1950s, Stardust began construction in 1954. After Cornero died in 1954, the unfinished casino changed ownership several times before Rella Factor acquired the resort and finished the project. The Stardust finally opened in 1958.

In 1985, the Strip property was bought by Boyd Gaming and kept ownership until 2006 when the Stardust was closed. Boyd revealed plans to build a $4.8B resort called Echelon Place on the former Stardust site but the Great Recession ended its ambitions. The former Stardust site remained a vacant lot until it was bought by the Genting Group in 2013 as the site of its Resort World Las Vegas property.

Casino Closures Cause Major Dip in PA’s Gambling Revenue

Casino in Pennsylvania

Pennsylvania is home to one of the largest gambling industries in the United States. Unfortunately, this industry has been suffering due to the events unfolding around the world. Most recently, the state-ordered casino shutdowns have led to a major dip in PA’s gambling revenue.

Now is a perfect time to talk about how much money the casinos in Pennsylvania have lost recently. It’s been a tough past few months for the gaming companies operating here.

Let’s take a look at what exactly is going on here.

Will the Casino Industry in Pennsylvania Close Down Again?

Back in March, the entire US casino industry experienced something unprecedented. Due to the global pandemic, state leaders forced all of the casinos around the country to shut their doors. This was devastating in the areas that rely on these casinos for money and employment.

Places like Las Vegas certainly fit that bill. As most know, this is the world’s largest casino destination. It relies heavily on its tourism industry, which all but stopped completely when the casinos were forced to close their doors.

It took months for the casinos in the city to reopen. When they did, these venues were met with extremely low tourism figures. Even today, nearly a year after the casinos were forced to close, tourism figures in Las Vegas remain low.

Smaller gambling hubs like Pennsylvania felt the effects of these regulations, too. The casinos here were finally able to open again over the summer. In December, state leaders once again forced the casinos to shut their doors. They have since reopened.

Some fear that the casinos in this state may be forced to shut down once again. An order like this one could have irreversible effects on the gambling industry here. Fortunately, this has not yet been mandated by any state leaders.

We’re now beginning to hear just how devastating 2020 was for the gambling companies in this state. Here’s a look at how badly these companies were hurt.

PA’s Gambling Revenue Dropped by 20% Last Year

Every single state has been experiencing drops in gambling revenue over the past twelve months. Some are seeing larger dips than others. We are now beginning to hear how much money the different gambling platforms over in Pennsylvania managed to bring in during 2020.

According to new reports, PA’s gambling revenue fell by an astounding 20% over the course of the year. That is when compared to 2019. Certain gambling options here managed to perform better than others.

The state’s casinos, sports betting operators, and DFS platforms managed to bring in $2.65 billion throughout 2020. That’s a significant drop from the $3.5 billion earned in 2019. Obviously, the gaming industry operators here has reason to be concerned.

Pennsylvania’s casinos themselves brought in $2.4 billion in 2020. Fortunately, the state’s online casino platforms have helped to make up some of the losses. These internet casinos actually saw an increase from just $34 million in 2019 to an incredible $566 million in 2020.

As you might expect, the gambling companies here are focusing more on their online gambling platforms. This is the safer industry at this stage for these companies. Hope is that we see the land-based casinos here experience larger revenue increases over the next six months.

It’s a very interesting time for the entire country’s casino industry. Sports betting is helping to bring many states, including Pennsylvania, some much-needed revenue right now. Which states will we see legalize and regulate this form of gambling in 2021?

More States Plan to Regulate Sports Betting in 2021

It’s been amazing to see how quickly the US sports gambling industry has grown in just a few short years. It wasn’t until 2018 that states were legally able to provide sports betting options. Now, less than three years later, more than half the country has a regulated sports betting industry up and running.

Even states with a historically anti-gambling stance over the years are beginning to embrace this industry. That includes places like North Carolina and New York. Officials here can’t ignore the massive revenue potential industry any longer.

It appears that several more states are set to legalize sports betting in 2021. This is likely to be the biggest year for the industry so far. We could see some of the most populated states in the country finally embrace this industry.

Many are hopeful that California decides to embrace the sports betting industry this year. For years, state leaders and tribal casino owners have been negotiating on a way to allow sports gambling. There seems to be some progress being made and many are excited to see things come together.

Oklahoma is in a similar position. This state is home to a massive number of tribal casinos. State officials are actively working with the owners of these venues on ways to offer legal, regulated sports betting options.

PA’s gambling revenue is already increasing thanks to the state’s sports betting platforms. Which states do you think will legalize this industry in 2021? Let us know in the comments section below!

Here’s What We Know About Philadelphia’s Newest Casino!

New Philadelphia Casino

Pennsylvania is now home to one of the largest gambling industries in the United States. Here, a huge number of world-class casinos are currently up and running. Today, we’re going to talk about the details surrounding Philadelphia’s newest casino.

Many were surprised to see this gambling venue opening its doors. It comes at a difficult time for the entire US gambling industry. Hope is that this property helps to boost gaming revenue in the state of Pennsylvania.

Let’s get into it!

Pennsylvania’s Gambling Industry Continues to Expand

Just a couple of decades ago, Nevada was thought to be one of the only major gambling hubs in the United States. Things have changed in a big way since that time. Today, nearly every state in the country has at least some kind of gambling industry up and running.

Pennsylvania has recently begun to expand its number of gaming options. Perhaps the biggest move came after the US Supreme Court struck down PASPA in May of 2018. Immediately after this decision, Pennsylvania formally legalized sports betting.

Here, both land-based and online sports betting is available. This industry is now helping to bring the state of Pennsylvania an incredible amount of money every single month. More of the world’s biggest sports betting companies are now working hard to break into the state’s market.

The casino industry here has been expanding recently, too. There are now 14 traditional casinos operating in the state. Pennsylvania also operates a huge number of popular mini-casinos. More are slated to open their doors over the next few years.

2020 proved to be an extremely difficult year for the casino industry in Pennsylvania. Of course, gambling companies benefited from the ability to offer casino games online. Hopefully, 2021 proves to be a more successful year for the industry.

For years, news has been surfacing about a new gambling venue opening its doors in the city of Pennsylvania. This week, this casino will finally open to the public.

Looking at the Details of Philadelphia’s Newest Casino

Prior to 2020, gambling revenue in Pennsylvania was rising steadily. The casinos here were proving to be hugely successful and many companies were pushing to open new properties here. Many of these companies have wanted to open one of these venues in the city of Philadelphia.

That includes Cordish Gaming, one of the largest gambling companies on the East Coast. Cordish Gaming owns and operates several popular casinos around this area of the country. Recently, this company has been constructing the Live! Casino and Hotel Philadelphia.

On Saturday, this exciting new property is finally set to open its doors. This $700 million casino is located in Philadelphia’s Stadium District and will hold several open sessions for those making reservations. It’s a sort of test for the owners to see how the casino operates.

Beginning on February 11, this property will officially open to the public. Reservations will not be needed at that time. That gives residents in the city the option to play any of the casino’s 2,100 slot machines and 121 table games.

Joseph Weinberg, chief executive officer of Cordish Gaming, spoke about his excitement in opening this property this week. He claims it will help to significantly boost gaming revenue throughout the state.

“We have the ability to not only attract people from Pennsylvania and New Jersey but from a much wider market area,” Weinberg said. “This is the only place in the country where you have a major resort casino and four major-league sports teams all in one location, so we think this will really attract people from all over the country to come for sports entertainment and gaming.”

Obviously, there are intense safety regulations set inside this casino. Many hope that with effective vaccine distribution, the casinos here will see their visitation rates increase. Stay tuned for more revenue updates over the next few months.

New Jersey Looks to Increase Casino Revenue This Year

Pennsylvania is now known for having a large, successful casino industry. It pales in comparison to the one over in New Jersey, though. Atlantic City is home to some of the country’s biggest casino-resorts.

Like all other major casino hubs, Atlantic City struggled immensely in 2020. Tourism rates here dropped throughout the year. For several months, all of the casinos in this city were completely shut down. Many are now hopeful that 2021 brings about a major change.

Casinos here are doing everything they can to see this change. Many have recently begun offering new, exciting deals to guests. There have also been a large number of new entertainment options becoming available in Atlantic City.

It’s extremely difficult to predict how things will look here this year. As we mentioned earlier, vaccine distribution could help to promote travel around the country. Many are still unlikely to want to visit a crowded casino, though.

It might be years before the casinos here see pre-pandemic levels of revenue. Fortunately, the sports betting industry here is helping to make up for the losses. New Jersey has been seeing consistent sports betting revenue increases for the past few months.

Many analysts are excited to see how things turn out here. Do you plan to visit Philadelphia’s newest casino? Let us know in the comments section below!

Pennsylvania’s Casino Industry is Finally Reopening

Pennsylvania Casinos

The state of Pennsylvania is home to a huge number of casinos. In early December, state officials ordered all casinos to temporarily close their doors. After weeks of being shut down, Pennsylvania’s casino industry is now finally up and running again.

No one knows the impact that these shutdowns will have on this industry in the long-term. Hope is that things bounce back quickly. Now is the perfect time to talk about how casinos in Pennsylvania might fare over the next few months.

Let’s get into it!

Sports Betting Continues to be Profitable for Pennsylvania

Since May of 2018, every single state has been able to set its own laws on sports betting. 26 states have now chosen to regulate this popular form of gambling. Specific regulations towards sports betting differ from state to state.

Most areas of the country are seeing a massive amount of revenue come in from this industry. That seems to be mostly true for the states with regulated internet sports betting platforms. Places like New Jersey are seeing hundreds of millions wagered on sports online every single month.

Lawmakers in Pennsylvania legalized sports gambling almost immediately after PASPA was struck down. The first legal sports wager was placed here in November of 2018. It’s proving to be a very profitable industry for the state each month.

This past November, Pennsylvania saw a total of $492 million in sports betting handle. That was a large drop from the $525 million in sports betting handle seen in October. The state is still seeing significantly more money come in from its sports gambling platforms than many other states in the area.

The casino industry in Pennsylvania isn’t faring quite as well. In fact, lawmakers have been ordering all commercial casinos here to close their doors for the past few weeks. Today, that mass casino shutdown finally came to an end.

Here’s what casino fans in the state can expect.

Pennsylvania’s Casino Industry is Set to Reopen Today

Pennsylvania, like many of the other states in the north-east area of the country, is home to a large and successful casino industry. There is a mix of Native American-run and commercial gambling venues in this state. Several popular “racinos” are also operating throughout Pennsylvania.

In early December, lawmakers ordered all of the commercial casinos to close their doors to the public. Health experts had been calling for this move for months. Eventually, it became clear that the state needed to implement tougher restrictions to cut down on rates of Covid-19.

Today, Pennsylvania’s casino industry was finally given the green light to open its doors again. 13 casinos here can now begin operating. They must all run at just 50% occupancy until further notice.

Despite the difficulties, casino revenue actually increased in Pennsylvania this year. Doug Harbach, a spokesman for the PA Gaming Control Board, spoke about the economic situation here to the media this weekend.

“Even with the decrease in revenue from casinos due to covid-19 closures, it is likely that (the 2020) calendar year will see an approximate 25% increase in the total local share tax revenue from all forms of legalized gambling,” he said. 

2021 is expected to be a much better year for the casino industry in Pennsylvania. All of the casinos here have already been given permission to open back up. With effective health regulations set in place, we could see visitation rates at these properties increase significantly throughout the year.

Nearby Atlantic City is working hard to bring in more gamblers right now. Many analysts expect big things for the popular New Jersey city moving forward.

How Will Atlantic City Fare in 2021?

Pennsylvania is quickly developing a successful casino industry. There’s no doubt that New Jersey still has the biggest casino market on the east coast, though. Atlantic City began opening back up again in July and has been trying to increase its tourism rates ever since.

It hasn’t been easy here. State officials have chosen not to implement another wave of casino shutdowns. Instead, they’ve been slowly ordering more regulations inside these venues. That includes lower occupancy levels and tough rules for casino restaurants and bars.

Fortunately, 2021 is expected to be significantly better than 2020 was for the casino industry here. Several analysts feel that vaccines could help to promote travel as the year goes on. Many will be looking for a fun vacation of gambling and entertainment that can be found in Atlantic City.

No one can say with 100% certainty that things will improve. We learned last year that anything can happen. Even Las Vegas, the world’s largest gambling destination, is still struggling to bring in gamblers.

Casino companies in New Jersey are certainly optimistic. Many have recently begun offering more entertainment options to their patrons. We’ll be sure to offer more updates on how the casino industry is faring over the next few months!

Are you excited to see Pennsylvania’s casino industry open back up? Let us know in the comments section below!

Pennsylvania Casinos Ordered Closed Starting December 12th

Roulette Wheel and Row of Slot Machines
Pennsylvania governor Tom Wolf has ordered the closure of various businesses including casinos in an effort to slow down the out-of-control spread of the coronavirus in the Keystone state.

The closure is set to take effect on Saturday, December 12, 2020, at 12:01 a.m. and will end on January 4, 2021, at 8:00 a.m. The orders are the most drastic since Wolf shut down all non-essential businesses last March at the onset of the pandemic. Aside from casinos, the order also covers indoor restaurant dining, sports activities, gyms, museums, bowling alleys, theaters and other entertainments venues. Likewise, all businesses serving the public will be limited to 50% capacity only.

In a statement, Wolf said:

“With these measures in place, we hope to accomplish three goals. First, stop the devastating spread of COVID-19 in the Commonwealth. Second, keep our hospitals and healthcare workers from becoming overwhelmed. And third, help Pennsylvanians get through the holiday season — and closer to a widely available vaccine — as safely as possible.”

COVID-19 Spread

As in the case with many other states in the U.S., Pennsylvania is experiencing a surge in COVID-19 cases. With its shutdown, Pennsylvania becomes the third state to declare full casino shutdown. Last November 18, Michigan closed all casinos in a move that was first said to be good for three months but now has been changed to indefinitely. Two days after the Wolverine state, Illinois also declared an indefinite shutdown.

One of the fears in Pennsylvania is that the hospitals and health care workers could get overwhelmed. As of Thursday noon,there were a total of 5,877 people hospitalized with COVID-19, the most since the pandemic started. Gov. Wolf is hoping that the three-week shutdown of will slow down the numbers.

Pennsylvania Gaming Was Doing Well

Pennsylvania gaming were doing well despite the earlier restrictions. During the third quarter of 2020, the gross gaming revenue (GGR) from land-based casinos, online casinos, and brick-and-mortar sports betting shops totaled $891.3M which is 3% more than the July-September 2019 figures. Requiring them to shut down again will affect whatever gains they had.

There are a total of 12 Pennsylvania casinos and racinos with a total gaming revenue of $3.38B in 2019. The Philadelphia gaming market ranked 7th among the United States gaming industry’s top markets, per the American Gaming Association’s 2019 State of the States report. Rivers Casino, the only casino within the Philadelphia limits, has been closed since November 20. With the governor’s new orders, the other Philadelphia area casinos including Parx and Harrah’s Philadelphia will now be closed as well.