September was the best months in terms of revenues for Pennsylvania casinos as they reported decent gains from both the slots and table game. As per the figures released by the Pennsylvania Gaming Control Board which showed overall casino gaming revenue of just under $261m in the month of September, 2.9 % higher than the same month last year. This is a healthy indication for the casino industry and as per the reports slots revenue rose 2.4% to $192.1m while table game revenue improved 4.35% to $6.68m.
Parx has a terrific location on Street Road which links the Pennsylvania Turnpike with I-95m Parx Casino & amp Racing attracts gamers from all over the 6 million populations of Philadelphia and even beyond. It was originally called as Keystone Racetrack which opened in November 1974, then Greenwood Racing (owned by Bob Green and Bill Hogwood) bought it in 1990 and renamed this property as Philadelphia Park which is now Parx Casino & amp; Racing. Green was passionate about this business and thus added full card simulcasting and Six Turf Clubs to bring gambling on horse racing to the neighbourhoods. In addition to this he also introduced phone and internet betting application at his property in order to offer the best gambling and casino experience to its customers.
Greenwood Gaming and Entertainment’s Parx Casino earned top honours in September with a combined slots/table take of$45.9m, which is up 10% from September 2015. Thus with this collection Parx by passed Las Vegas Sands Sands Bethlehem property which nudged up 1.2% to a little less than $44.2m. Sands Bethlehem is known to be the undisputed table game kings of kings having earned $19.4m in September compared to just $14.1m at Parx. However Parx September slots total rising 6% to $31.8m and Sands Bethlehem’s slots grew cold in September falling less than 1% to $24.7m.
The jewel in the crown of racing at Parx is the Pennsylvania Derby which had been a staple of the Labor Day weekend but in recent years has been run later in September. Bob Green, chairman of Greenwood is happy about its casinos performance and is quite sure that his location is the best and said:
“The city deserves a first-class operator,” Green said.
“I’d like to escort you out of the world of fantasy — of roof-top pools and second-floor gaming — and take you into reality. Either one of those sites would be an absolute disaster.”
In his statement Bob was referring to developer Bart Blatstein’s proposed Provence Casino and Resort, the one that plans a roof-top pool on the site of the old Inquirer building, and Ken Goldenberg’s Market8, which plans gaming on the second floor at 8th and Market.
