Pennsylvania Poker Rooms Rake $5M In MayRevenue Up Roughly 4 Percent Year-Over-Year |
|
Two hundred and twenty six poker tables across the state of Pennsylvania raked $5,035,223 during the month of May, according to figures released late last week by Keystone State gaming regulators.
The figure was up just slightly over April, but just a bit less than respective amounts in March and February. Through the first five months of 2016, the state’s poker rooms have averaged $5,030,987 in rake per month, so May was right in line with that.
May’s figure was a year-over-year increase of roughly four percent compared to May 2015’s $4,836,006 in poker rake. Since mid-2010, when the first table games debuted in the Keystone State, poker rooms have taken in $338,918,161.
Pennsylvania has 10 brick-and-mortar poker rooms, but it could soon have regulated online poker rooms as well. State lawmakers are currently mulling over a gambling expansion plan that includes legalized online gambling. Another vote on the proposal could happen this week.
The Pennsylvania Gaming Control Board also said that the play of table games at the 12 casinos during May 2016 was up 6.9 percent over revenue generated during the same month last year. May’s gross table games revenue was $71,342,206, or $4,594,185 more than in May 2015.
That overall figure includes house banked games and non-house banked poker, as well as fully automated electronic table games and hybrid games.
Sands Casino Resort Bethlehem led the state with $19,555,561 in table games revenue in May.
Pennsylvania casinos set a table games record with $77,914,245 in March.
As for the slot machines, gross revenue from those games at the 12 casinos fell 1.1 percent in May to $208,852,793, compared to the $211,219,909 in May 2015.
Combined gross revenue from the play of both slot machines and table games during May 2016 was $280,194,999, a rise of just under one percent compared to May of last year.
Separate from the gambling expansion plans, Pennsylvania lawmakers recently allowed the casinos to apply for licenses to serve alcohol 24/7.
Pennsylvania has a gambling market already worth more than $3 billion annually, but it’s not really growing, leading many lawmakers on both sides of the aisle to seek Internet casino wagering.