Gaming Revenues Still Slumping
In early January, the Pennsylvania Gaming Control Board reported the final tally of gross revenue from slot machine gaming for 2014 at $2.319 billion. This
In early January, the Pennsylvania Gaming Control Board reported the final tally of gross revenue from slot machine gaming for 2014 at $2.319 billion. This
In early August, the Rivers Casino celebrated its fifth anniversary. Before opening on August 9, 2009, the casino’s owner at the time projected they would
Has luck run out for Pennsylvania’s casinos? In 2013, annual gross terminal revenue (the casino share of slots play) from the state’s twelve casinos was
To say that the Rivers Casino in Pittsburgh had a tumultuous start is an understatement. As we have documented in previous Policy Briefs, since it
The Pennsylvania Gaming Control Board released revenue figures for August 2012 and noted that total gross revenue increased by 3.7 percent from casinos that were
In its first full week (8-10 through 8-16) of operation, the Rivers Casino earned $5.3 million in gross profit-out of which over 50 percent goes
In its sixth full week (Sept 14 to Sept 20) of operations, the Rivers Casino in Pittsburgh turned in its worst week to date with
Pittsburgh’s Rivers Casino is on thin ice. Their gross terminal revenues have been woefully under projections and as a result they are having difficulty making
As we have pointed out since the slots gaming law was passed and the disbursement of economic development money was codified into law, the language
No cards have yet been dealt, not a roulette wheel spun, and no dice have been tossed, yet several stakeholders are counting on table games