Pennsylvania Live Poker Revenue On The Upswing In July
Live poker appears alive and well in Pennsylvania after the PA poker industry posted some big revenue numbers in July.
The Pennsylvania Gaming Control Board released its Monthly Table Games Report last week. According to the report, the ten PA poker rooms pulled in $5.1 million in poker revenue in the month of July 2017.
This number was up substantially from the $4.6 million in revenue earned a month earlier in June. Plus, it represented a year-over-year increase above the $4.9 million in poker revenue the state’s poker rooms earned in July 2016.
Approaching a 12-month poker revenue high
In fact, the $5.1 million in revenue recorded marked the highest poker revenue number since March 2017. The $5.4 million earned in March 2017 was the highest poker revenue number reached over the past 12 months.
As a result of the state’s 14 percent tax rate on the first two years, and 12 percent thereafter, on non-banking table games like poker, the state collected $725,114 from Pennsylvania poker operations in July.
There are actually 12 casinos in Pennsylvania. Of those properties, only Lady Luck Casino Nemacolin and the Valley Forge Casino Resort do not have poker rooms.
225 tables in ten PA poker rooms
The Pennsylvania Gaming Control Board reported there were 225 poker tables operating in the ten different poker rooms across the state in July 2017.
With 45 tables, Parx Casino in Bensalem, PA is home to the largest poker room in the state. As expected, Parx was also the July 2017 revenue leader with more than $1.5 million recorded.
No other Pennsylvania poker room passed the $1 million revenue mark in July. However, the 30-table poker room at Sands Casino Resort Bethlehem came close, posting $963,810 in revenue in July.
The state’s smallest poker room is the seven-table operation at the Presque Isle Downs & Casino in Erie, PA. Presque Isle brought up the rear with $85,090 in poker revenue in July. However, no other Pennsylvania poker room brought in less than $200,000 in revenue throughout July 2017.
This included the 14-table room at The Meadows Racetrack and Casino in Washington, PA. The Meadows is planning to host an upcoming stop on the televised Heartland Poker Tour with satellites beginning at the end of October and an $1,100 HPT Main Event with three starting flights kicking off Nov. 2, 2017.
Over $400 million since launch
Since the start of casino gambling in Pennsylvania in 2006, Pennsylvania poker rooms have earned more than $407 million in revenue. Plus, the poker rooms have paid more than $52 million of that revenue in state taxes.
Here’s a look at the size and July 2017 revenue numbers of all 10 Pennsylvania poker rooms:
|Poker room||Tables||July 2017 revenue|