Slots revenue again dips at Meadows, across state
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HARRISBURG – The losing streak continued for Pennsylvania slots play – and at The Meadows Racetrack & Casino.
The Pennsylvania Gaming Control Board announced Tuesday that total slot machine revenue for the state’s 11 casinos in May dropped 0.57 percent compared with May 2012. Though the dropoff was small, it was the sixth consecutive monthly decline.
The Meadows, likewise, is on a six-month slots skid. The North Strabane Township casino experienced a 4.67 decline in year-over-year revenue, dropping from $21,900.923 in May 2012 to $20,877,963 last month.
This was The Meadows’ ninth decline in 11 months of the current fiscal year.
Year-over-year revenue dropped at seven of the 11 Pennsylvania casinos last month. One notable exception was Rivers Casino, on Pittsburgh’s North Side, which had a 5.34 percent increase ($24,421,729 compared with $23,184,626 in May 2012).
That was the second-largest spike behind Valley Forge Casino Resort, whose revenue rose 40.75 percent from the previous May ($3.8 million to $5.4 million). Valley Forge has been open for only 14 months, though, meaning its numbers may be skewed upward.
Sands Casino Resort Bethlehem (4.2 percent) and Parx Casino (Bensalem, 1.3 percent) were the only other sites to realize a year-over-year gain in slots play revenue.
Presque Isle Downs and Casino experienced the worst dropoff from May 2012, falling 8.61 percent ($13 million to $11.9 million), the fourteenth consecutive decline for the Erie casino.
In its monthly report, the Gaming Board said statewide slots revenue dipped to $211,245, 136 last month from $212,457,169 the previous May, generating $113,753,541 in tax revenue for the commonwealth.