November was a good month for Pennsylvania as both slot machines and table games experienced year over year gains.
November turned out to be a good few weeks for Pennsylvania as the twelve casinos of the state managed to see gains in slot machine and table game revenues when comparing year over year totals. The Pennsylvania Gaming Control Board released the latest reports for revenues which sowed that November brought in a total of $253,560,454, a 1.57% gain year-over-year.
For 2017, the month of November was only the second time that slot revenues were up when compared to the same month last year. Slot machine earnings were up just over 1% with $181,329,655.27 earned. Table games were up even more from last November with $72,230,798 earned, an increase of 2.84%.
Slots Downward Spiral
Slots had been on a downward spiral for some time, with revenues coming in at a decrease since December of last year. The downward trend actually began as far back as last October. Looking at December. The monthly earnings for slot games were down just over 6% with January a little better at a 2.44% drop.
Slots continued to be in the negative from February to August, with decreases of under 1% to juster over 2.6%. By September of this year, the revenues were finally up, with an increase of 1.69% when compared to the previous year. October was a drop yet again but for November, the slot games saw decent gains.
November Win and Loss
Seven of the twelve casinos in operation in the state were able to see an increase in November earnings. Out of those seven, the Mount Airy Casino and Valley Forge were able to see double-digit improvement. Mount Airy was up 10.23% while Valley Forge was up even more at 12.40%. The Rivers Casino also saw a nice improvement with a 6.24% increase.
Lady Luck Casino Nemacolin, SugarHouse, Hollywood Casino at Penn National Race Course and Sands Casino were all up for the month. On the other side of the spectrum, five casinos saw a decrease in earnings for November. The biggest loss was seen by the Meadows Casino, of 1.82%. Presque Isle Downs and Casinno, Parx Casino, Mohegan Sun Pocono and Harrah’s Philadelphia were also down.
The top earner for the month was the Sands Casino. They slightly outdid the Parx Casino to take the top spot. The Parx venue saw a slight decline of year-over-year totals with the increase by the Sands, the venue was pushed down to the number two spot.
Rivers Casino took the number three spot in overall earnings, having seen nice gains in both table games and slots. SugarHouse took the fourth spot and is a close rival to the Rivers. Harrah’s Philadelphia rides in the middle of the pack, with a slight increase in slot gaming for the month helping out.
The Meadows Casino may be down on the list, but they have seen a big year when it comes to table games. Table game revenues continue to increase month by month. In October, the table games were up 23% from the previous year while in November, the table games were up 18%.
Overall, gaming looked good for the state in November. Only a few days remain before the last month of the year is complete. It will be interesting to see how the year plays out and if the state will continue to see gains in both table games and slots or if the slot machines will back track and be down once again.