Mini-Casinos are all the latest rage in the Keystone State of Pennsylvania, and how much they will be worth to the state’s economy will be soon given a first small clue.
The monthly Pennsylvania Gaming Control Board (PGCB) figures for the month of November will include the numbers for the new Live! Pittsburgh casino, however, only for the first initial week of its operation. That new Westmoreland facility has promised to bring in more than $60 million annually in table game and slots revenue, but right now, its too early to tell what impact that will make on the Keystone State’s sports betting revenue, if indeed it is any impact at all.
There are plans for more mini-casinos in Pennsylvania and these too will significantly contribute to the earnings. To top it all off, one more full-service bricks-and-mortar casino is also set to launch next year pushing the revenue projections even further, and potential eating into the numbers for Pennsylvania sports betting.
What is clear; Pennsylvania Betting of All Kinds is booming
Just last month, the PGCB reported its biggest ever single sports betting month, recording more than $525 million in sports betting handle for October, and it is a record that is not expected to stand long with NFL play-offs on the horizon and the Pittsburgh Steelers expected to be deeply involved.
Whether mini-casinos are expected to eat into that handle is too early to tell, but chances are, given the nature of mini-casinos, their revenue appears set to purely extend gambling tastes and revenue rather than compete with sports betting in Pennsylvania.
Whatever the real story turns out to be, get ready, more mini-casinos are coming to the Keystone State either in 2021 or into the future. Here are five more mini-casinos being planned;
1.Hollywood Casino – Morgantown – PA
Penn National Gaming have gone on record stating that they expect the new mini-casino to be completed come the second half of 2021, just in time for the commencement of the 2021 NFL season.
2.Hollywood Casino – York – PA
This boutique mini-casino is much smaller with just 500 slot machines and up to 20 table games. Space has been made to expand both game types if required.
3.Mount Airy Pittsburgh – Big Beaver – PA
Western Pennsylvania casino? Sure, why not, and be sure to fill it with 750 slots machines, a sports bar and 30 table games. The location alone appears set to draw players in from the Pittsburgh area and even eastern Ohio. An exact opening date is unknown but we believe that the state’s players are looking at an early 2021 start date.
4.Parx Casino – Shippensburg – PA
Another boutique casino, this is the smallest of the 5, however, it will still feature 475 slots and 40 table games. A complete entertainment package is planned with a sports bar and restaurants featuring heavily.
5.Live! Hotel and Casino – Philadelphia – PA
Expected to open its doors in early 2021, Philadelphia’s Live! scarcely fits into the category of mini-casino with more than 2000 slots and 125 casino table games. Three restaurants are finalized already with more scheduled.
Gazing into our crystal ball, we don’t believe these 5 mini-casinos will be competing with online sportsbooks and online casinos for gambling dollars. Mini-Casinos are pitched at a different market given their mall and suburban locations.
In fact, it could prove to be quite the opposite, with mini-casinos giving people who might not ever had the opportunity to be exposed to gaming before, to develop a curiosity for online sports and casino gaming into the future.