Report from Pennsylvania

Lady Luck Nemacolin continues its losing ways, passing up on Internet gambling licenses. Lady Luckless already balks at paying the fee that would open its casino to non-guests and this latest non-move smacks of the same boneheaded mentality that makes it the most piddling casino in Pennsylvania. Mind you, it’s not alone in its online myopia: Pinnacle Entertainment is passing it up at The Meadows racino. These choices, and a few others, have made seven licenses (one each for slots, table games and poker) available to out-of-state operators. Even a non-American operator like The Stars Group would be eligible, hypothetically.

If you’ve got $4 million per license to play around with and a tolerance for Pennsylvania’s high slot-tax rate, an online license could be yours for the asking, provided that you’re in good standing. Columnist Steve Ruddock has a long list of nominees for the remaining seven licenses, too long to recapitulate here but the bottom line is that it’s anybody’s game, even for non-casino companies like DraftKings and FanDuel. It’s going to be an interesting scrumdown to watch.

Speaking of licenses, Harrah’s Philadelphia has applied for a sports-betting one. That makes it only the third casino in the Keystone State to do so. As long as we’re on the subject of terrestrial casinos, table-game revenues have been folded into the monthly total for August and, despite grossing only $73 million (down 1%) at the tables, slot play buoyed the gambling houses, up 3% to $275 million. Parx Casino ($52 million) gained 8.5%, besting Sands Bethlehem, whose $44.5 million couldn’t stave off a 1.5% slippage. Rivers Casino jumped 8% to $30 million, while SugarHouse Casino gained 7% to $24.5 million.

Harrah’s Philadelphia’s 2% uptick was good for a $21 million haul but The Meadows lost 5% to finish with $20 million. Hollywood Casino also grossed $20 million, a 6% gain, but Mohegan Sun Pocono Downs tumbled 5.5% to $19.5 million. Mount Airy Casino was up 2.5% to almost $18 million, while Presque Isle Downs was flat at $11 million. In its last month before Boyd Gaming‘s takeover, Valley Forge Casino Resort jumped 7% for a $10.5 million finish and Lady Luckless slid 4% to hang onto its much-prized last-place status with just under $3 million. Keep up the good work, boys.

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