Penn’s PA Casino Post 22.4% Increase in Slot Revenue
Penn National Gaming (PENN: 24.80 +0.49%) has seen the highest increase in slot machine revenue among nine Pennsylvania casinos for the month of January.
According to figures released yesterday by the Pennsylvania Gaming Control Board, Hollywood Casino at Penn National Race Course in East Hanover Township saw an increase of 22.4% compared to January 2009.
The casino brought in gross slot revenue of $21.5 million, up from $17.6 million in the same period last year.
With table games recently added to the state’s gaming bill, the Hollywood Casino expects to be able to roll out table games within nine months, said Fred Lipkin, the casino’s director of marketing.
Initially, the casino will add about 50 table games to its facility, which houses 2,000 slot machines.
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