Pennsylvania Poker Rake Passes $400 Million MarkPoker Rooms Take In $4.67M In June, Up Six Percent Y-O-Y |
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Pennsylvania’s casino industry took in $4.67 million from the 225 poker tables spread across the state in June, according to figures from gaming regulators.
The revenue was an 8.2 percent decline compared to May. The World Series of Poker, which runs during the entire month of June, draws players from across the country, as well as the world, to Las Vegas. The annual poker festival clearly impacted Pennsylvania’s market in June.
According to the WSOP, players from Pennsylvania accounted for 2,234 total entries from this summer’s 74-event bracelet schedule. That was good for 10th place among U.S. states. California led the way with nearly 19,500 entries. Pennsylvania accounted for a little over two percent of the 94,087 total entries from U.S. residents. Nearly 150 Pennsylvanians played the $10,000 buy-in main event, which was ninth among the states.
The 10 Pennsylvania poker rooms raked a combined $4.41 million in June 2016, so revenue grew 5.9 percent year-over-year. Poker revenue was virtually flat through the first five months of this year. The poker rooms raked $58.6 million in calendar year 2016, about $1 million more than revenue generated in calendar year 2015.
The poker revenue this past June brought the lifetime total for the Keystone State to $402.5 million. Pennsylvania has had table games since 2010.
In an effort to boost stagnant gaming revenues, Pennsylvania is considering a plan to regulate online casinos, including peer-to-peer poker. The bill could pass this fall.
Here’s a look at poker revenue by room in June 2017
Parx: $1.3 million
Sands Bethlehem: $905,000
SugarHouse: $622,000
The Rivers: $484,000
Harrah’s Philadelphia: $395,000
Penn National: $343,000
Mohegan Sun: $273,000
The Meadows: $137,000
Mount Airy: $98,000
Presque Isle: $65,000