On what has been seen by many as a new surprise, casinos in Pennsylvania have recorded more revenue from table games compared with gaming facilities in Atlantic City.
In fact, the collection of table games alone is almost equivalent with what the gaming industry in Nevada brings in every month.
Led by Sands Bethlehem Casino, Pennsylvania gaming facilities have surprised many by collecting more revenue from their table games sector than those in Atlantic City.
According to the latest gaming collection data from the 12 gaming facilities in Pennsylvania, the month of April proved to be a good especially for the table games sector, which injected a whopping $285.25 million. The amount is over 1.4% increment from the same month in 2016.
Out of the $285.25 that was collected from the 12 gaming facilities last month, a bigger percentage came from table games. The report shows that table games alone collected $79.5 million.
The amount has been said to be the best performance on table games the first time since 2010 when the state officially legalized table games within its jurisdiction.
The remaining $205.7 million was a total collection of slots, which according to the report saw an aggregate drop of more than 1.6%.
As for the table games, the report confirmed that the collection represented a more than 10% increment.
The month of April also proved to be the only month of the year when roulette, blackjack, and craps set a straight record when compared to 2016’s collection.
The report also indicates that because of the aggregate gaming revenue collection, Pennsylvania became number two behind Nevada at the state with the highest casino revenue.
Sands Bethlehem took the lead in the table games compilation of all casino properties in Pennsylvania. The casino located in Allentown, collected $21.9 million, the largest share of all other casinos with table games inside their properties. The results indicate the increment of almost 24% above what the resort garnered in 2016.
However, the top overall earner was Parx Casino located in Philadelphia. The casino had a total gaming collection of $49 million, which came from combining slot machines’ group as well as table games’.
Even as the April revenue report seems impressive to casino operators whose gaming floors have table games installed inside their premises, Sheldon Adelson, the billionaire with over 52% shares in Las Vegas Sands is reportedly in talks with rival operators MGM Resorts to give out his property in Pennsylvania.
Although neither of the billionaire gaming operators has come out to say what the price might be, it is rumored to be not far from $1.3 billion. The exact figure, however, will finally come out soon.
On what seemed to suggest a give-away, recently, Sands Bethlehem halted an expansion project that would see Adelson use $90 million.
It is not entirely clear why the billionaire is considering giving away a gaming facility that has recorded an increase in its gaming revenue in recent days.