Tag: Hollywood Casino

Blackjack Worth it in Pennsylvania

Build it and they will come. Or rather, add them and they will come.

There were many people in Pennsylvania that were either skeptical or downright opposed adding blackjack tables to the casinos found in their state. The objections and disbelief ranged from ‘Could that really give the state revenue?’ to ‘Gambling will corrupt our society and communities.’

But the table games were approved this past spring and were installed in nine brick and mortar casinos around Pennsylvania:

Harrah’s Chester Casino and Racetrack, Hollywood Casino Penn National, The Meadows Racetrack and Casino, Mohegan Sun at Pocono Downs, Mount Airy Casino Resort, Parx Casino, Presque Isle Downs, Rivers Casino and Sands Casino Resort.

August was the first whole month in which all nine brick and mortar casinos had their blackjack and other table games open for business. While the table games were all installed in July, they were not all installed at the same time. So August is the first month in which revenue could be compared.

For the month of August those nine casinos brought in from the table games alone $34.6 million. Of that $34.6 million, $4.8 million will go to the state of Pennsylvania in taxes, while another $691,000 will to municipalities.

So that is $4.8 million that did not have to come out of citizens’ pockets in the form of raised taxes, so I would call the installation of blackjack, poker, roulette and craps tables a success.

Shawn McCloud, an analyst for Spectrum Gaming Group, agreed:

“It is an impressive start for Pennsylvania…Obviously, Pennsylvania is going to be a formidable competitor in the table games market.”

Here is the breakdown in revenue generated by the new blackjack and other table games:

Parx Casino: $6,338,617
Harrah’s Chester Casino and Racetrack: $5,918,137
Sands Casino Resort: $4,297,070
Rivers Casino: $4,162,280
Mohegan Sun: $3,533,765
Mount Airy Casino Resort: $3,360,361
Hollywood Casino Penn National: $2,658,762
The Meadows Racetrack and Casino: $2,395,124
Presque Isle Downs: $1,891,056

More Blackjack for Pennsylvania

On Thursday of last week three brick and mortar casinos in western Pennsylvania opened the blackjack tables, drawing patrons away from the long haul drive to Atlantic City to enjoy some blackjack.

Unfortunately for Atlantic City the run of Pennsylvania casinos is not at an end yet. This past Tuesday, July 13th, saw the opening of blackjack tables in three eastern Pennsylvania casinos.

Blackjack players all over Pennsylvania are very excited with the addition of their favorite casino game in six casinos. This follows months of back and forth political arguments earlier this year about whether or not the State would allow table games like blackjack, roulette and craps to be added to their game offerings. But the demand was there and the income to the State in gaming taxes was needed. Everyone wins. Well, except for Atlantic City.

For decades Atlantic City was the mecca of East Coast gambling in the United States. But with the down turn in the economy and a lack of funds trickling down the government hill, states began looking at other ways to bring in money.

Pennsylvania is not the only state to look to gambling. Florida recently settled a long standing dispute with the Seminole tribe about blackjack there. Florida will be making $1.5 billion over the next five years from their deal with the Seminoles.

But with the addition of blackjack to the casino games at the Rivers, Meadows and Presque Isle Downs casinos in western Pennsylvania and the Mohegan Sun, Mount Airy and Hollywood casinos in eastern Pennsylvania could spell even more trouble for Atlantic City.

Not only will the time-honored East Coast gambling destination be competing with these six improved casinos next door, they might also be competing against online gambling. New Jersey is looking at legalizing online gambling for New Jersey residents that would make the competition even greater for Atlantic City.

While Pennsylvania blackjack players are quite happy with the new table games in six of their casinos, we shall have to see how Atlantic City fares over the next few years. Will it be able to keep itself afloat or will it sink in the ocean that is the gambling industry.