Saturday, April 21, 2012

Pennsylvania Gaming soars in March 2012

The Pennsylvania Gaming Board reported that the month of March was outstanding for Table Games and Poker. The revenue was at an all-time high. The amount was $7,257,927 million dollars. This is
an increase of 13.3% over March 2011. It should be noted that the amount of table games in operation
rose from 854 in 2011 to 1,028 statewide.

I selected Sands and Parx Casino to compare numbers and measure growth.

Sands increase the amount of table games ,including poker,from 100 to 152. This resulted in an increase
of 3,582,527 million dollars. The win per unit average fell from 85,373 to 79,736 but the revenue rose by 42%.

Parx increase the amount of table games, including poker, from 150 to 183. This resulted in an increase
of 1,197,099 million dollars. The win per unit average increase to 68,482 from 66,505. Exponentially, the result was a 11% rise.

The data substantiates that Pennsylvania is an expanding market and with smart growth, prime for greater numbers.

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