Valley Forge Casino Resort News - Page 4

The Pennsylvania Gaming Control Board reported that table games revenue for February 2019 was $73,999,311, an increase of 0.3% over February of last year when revenue was $73,757,805.

This week, we look at some massive jackpot wins, slot machines being delivered to a new casino, mobile sports betting making progress in Rhode Island and yet another new sportsbook opening in the U.S.

The first FanDuel Sportsbook in Pennsylvania will officially open to the public tomorrow, just six days before March Madness begins.

According to the report, February’s gross revenue from slot machines at the 12 casinos was $189,976,152, a 0.49% increase in revenue when compared to the $189,056,195 generated in February 2018.

The report shows that table games revenue for January 2019 was $74,409,695, an increase of 4.75% over January of last year when revenue was $71,032,273.

According to a Pennsylvania Gaming Control Board report, January’s gross revenue from slot machines at the 12 casinos was $179,842,151, a 1.15% increase in revenue compared to the $177,795,127 generated in January 2018.

The total revenue of $3,248,681,377 in 2018 topped the previous year total of $3,226,910,816 attained last calendar year.

Slot machine revenue at Pennsylvania casinos in December 2018 rose 8% compared to December 2017.

Table games revenue for November 2018 was $71,286,756, a decrease of 1.3% over November of last year when revenue was $72,230,798.

The company entered into a master lease agreement with Gaming and Leisure Properties, Inc., which owns the real estate of Ameristar St. Charles, Ameristar Kansas City and Belterra Casino Resort.

The Pennsylvania Gaming Control Board reported today that total gaming revenue, the combination of slot machine and table games revenue, was up 2.8% compared to August of last year.

Located 20 miles west of downtown Philadelphia, Valley Forge is Boyd Gaming's first property in the state of Pennsylvania.

The control board fined The Meadows in Washington County and Valley Forge Casino Resort in Montgomery County totaling $160,000 for various violations.

According to the report, the combined gross revenue from slot machines at the 12 casinos in July of this year was $203,643,985.78, 2.6% lower than the July 2017 gross revenue figure of $209,124,966.

By submitting the petitions by Monday, 16 July 2018, these casino license holders can obtain approval to conduct all three of the categories of interactive games for an authorization fee of $10 million.

The PGCB approved four Consent Agreements, one with a casino operator and three with other firms that provide gaming services, resulting in a total of $481,116 in fines.

The Pennsylvania Gaming Control Board posted on its website the monthly report for total gross revenue and tax revenue generated from the play of slot machines at casinos during May 2018.

Valley Forge will be Boyd Gaming's first asset in Pennsylvania, the second-largest commercial gaming state in the nation.

Legislation signed into law last week expands gaming across the state and removes requirements that previously limited casino patrons.

Despite a slight drop in slot machine revenue, the Pennsylvania Gaming Control Board reported table games revenue reached a record high this past year.