{"id":853814,"date":"2024-02-21T12:46:39","date_gmt":"2024-02-21T20:46:39","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/shop\/?p=853814"},"modified":"2024-02-21T12:46:39","modified_gmt":"2024-02-21T20:46:39","slug":"freezing-in-pennsylvania-hot-in-michigan","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/blog\/freezing-in-pennsylvania-hot-in-michigan\/","title":{"rendered":"Freezing in Pennsylvania, hot in Michigan"},"content":{"rendered":"
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Taking a sharp dip<\/strong> in the harsh month of January were Pennsylvania<\/strong> casino grosses. The $252 million of revenue represented a 12% falloff from last year and a 1% dip from 2019. Factor out newer casinos and the picture worsens: -13% from 2023 and -18% from 2019. With the exception of Parx Shippensburg<\/strong> ($2.5 million, +438%), everybody got walloped and some pretty hard. Parx Casino<\/strong> led the state with $44 million but took a 13% hit. Other Philadelphia<\/strong> casinos fared better with the exception of Harrah’s Philadelphia<\/strong>, which plunged 21.5% to $10.5 million. Valley Forge<\/strong> Resort <\/strong>inched a few dollars ahead of Harrah’s (above<\/em>), grossing $10.5 million, while Live Philadelphia<\/strong> ($20 million, -9%) bested Rivers Philadelphia<\/strong> ($18 million, -8%).<\/p>\n\n\n\n\n\n\n\n

Best of the rest, as ever, was Wind Creek Bethlehem<\/strong>, down 6.5% but $41 million richer. Pittsburgh<\/strong> saw Rivers Casino<\/strong> winning the battle ($25 million) but losing the market-share war (-11.5%) compared to Hollywood Meadows<\/strong> ($14 million, -9%), if not Live Pittsburgh<\/strong> ($8.5 million, -15%). Mohegan Pocono<\/strong> tumbled 16% to $15 million, Mount Airy<\/strong> fell 15.5% to $13 million, while Lady Luck Nemacolin<\/strong>, which had the most to lose ($1.5 million) ceded the least (-2%). Two racinos that took it on the kisser were Presque Isle Downs<\/strong> ($6 million, -27%) and Hollywood Penn National<\/strong> ($11 million, -26%). Satellites of note were Hollywood York<\/strong> ($7.5 million, -13%) and Hollywood Morgantown<\/strong> ($5 million, -16.5%).<\/p>\n\n\n\n

Sports betting winnings in the Keystone State were robust, with $98 million grossed off of $858 million in handle. After promotions, the former number dwindled to $70 million. FanDuel <\/strong>dominated with 43% market share, followed by DraftKings <\/strong>(24%), ESPN Bet <\/strong>(9%), BetRivers<\/strong> (6%), BetMGM<\/strong> (5%) and Caesars Sportsbook<\/strong> (5%). Internet casinos brought in $149.5 million, with $50.5 million going to the Hollywood Casino<\/strong> flotilla (Penn Entertainment<\/strong>, DraftKings, BetMGM) and $41.5 million to FanDuel, while BetRivers faded to $29.5 million, still good for a fifth of the proceeds.<\/p>\n\n\n

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Internet casinos did<\/strong> spectacular business in Michigan<\/strong> last month, up 18% to $182 million. It was a three-way battle for supremacy, pitting incumbent BetMGM<\/strong> ($48 million) against DraftKings<\/strong> ($43 million) and FanDuel<\/strong> ($43 million). The latter two deserve to gloat over how much i-casino marketing share they’ve captured, considering that they were a couple of DFS providers not so long ago. Others factoring into the i-gaming picture were BetRivers<\/strong> ($11.5 million), Caesars Digital<\/strong> ($10 million), Hollywood Casino<\/strong> ($5 million), FoxBet <\/strong>($3 million), WynnBet<\/strong> ($3 million) and BetGLC<\/strong> ($2 million). Sports betting shot up 42% to $48 million in revenue, on handle of $577 million. Alas, promo outlays were extremely George, 61% of revenue, meaning that the books only took home $19 million. FanDuel fairly clobbered the competition with $27 million. After that came DraftKings ($11 million) and BetMGM ($6 million). ESPN Bet<\/strong>, Caesars<\/strong> Sportsbook<\/strong> and Fanatics<\/strong> each had only a million bucks to show for themselves, and BetRivers couldn’t even scrounge up that much.<\/p>\n\n\n

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Doing its bit<\/strong> for Black History Month<\/strong> this year was Bally’s Dover<\/strong>. It booked Rev. John G. Moore Sr.<\/strong> (pictured<\/em>) to deliver a lecture entitled “Echoes of a Prophet” on Feb. 19 … but didn’t send the e-mail announcement until Feb. 20! Yup, it’s another typical Bally’s Corp<\/strong>. screwup and yet another diss of Black history, which is consigned to the shortest and coldest month of the year.<\/p>\n\n\n

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In other Bally’s news, Bally’s Atlantic City<\/strong> continues its war on disabled people with the inadequate mobility-aid bars shown above. The question of how a handicapped person will get into or out of the tub is begged. Wouldn’t showers be disabled-friendlier? (We welcome your viewpoints on the matter.) Oh, and cigars are restricted on the casino floor (below<\/em>). Try telling that to the cigar smoke<\/em>, which goes wherever it likes.<\/p>\n\n\n

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Taking a sharp dip in the harsh month of January were Pennsylvania casino grosses. The $252 million of revenue represented a 12% falloff from last year and a 1% dip from 2019. Factor out newer casinos and the picture worsens: -13% from 2023 and -18% from 2019. With the exception of Parx Shippensburg ($2.5 million, […]<\/p>\n","protected":false},"author":83928,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[1728],"tags":[],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts\/853814"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/users\/83928"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/comments?post=853814"}],"version-history":[{"count":0,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/posts\/853814\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/media?parent=853814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/categories?post=853814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/shop\/wp-json\/wp\/v2\/tags?post=853814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}