Pennsylvania casinos break revenue record as PGCB approves Continent 8

Continent 8 Technologies has received approval from the Pennsylvania Gaming Control Board to provide co-location, data warehousing and managed network services to online gaming operators within the state.

Officially authorised as a gaming service provider, the company has debuted two new centres within Pennsylvania allowing for both primary and disaster recovery operations, as well as getting customers operational in time for the beginning of March Madness.

Forming part of a “commitment to the ever-expanding US online gambling market,” the data solutions provider states that it is to open up operations in advance of every regulated state going live.

Michael Tobin, CEO of Continent 8 Technologies, addressed the authorisation: “We are very excited to bring our global network and managed services to the online gaming community in Pennsylvania.

“The new opportunities for gaming operators, including online sports betting companies, will require a partner like Continent 8 that is knowledgeable and delivers expeditious results.

“The upcoming launch date for mobile online casino and sports betting only increases the urgency to set up operations now.”

The Keystone State’s regulator has also released its latest batch of gaming revenue figures, in which combined play of slot machines and table games reached an all-time monthly high during March of $309.1m.

This also represented a 2.86 per cent increase over March 2018, the only other month since casinos opened in late 2006 where overall revenue was above $300m.

March’s numbers were driven by the highest single month for table games revenue of $82.5m, with the previous high occurring in April 2017 when $79.5m was generated, coupled with the third highest monthly slot machine revenue of $226.5m.

Greenwood Gaming and Entertainment’s Parx Casino came out on top of the total gaming revenue chart, seeing a 3.96 per cent increase to $56.7m (2018: $54.6m), ahead of Sands Casino Resort Bethlehem’s $50.9m, an 8.9 per cent jump from $46.7m.

Rivers Casino rounded off the top three with $35.7m, up 6.59 per cent from $33.5m, with Boyd Gaming’s Valley Forge Casino Resort seeing the highest percentage increase of 13.64, coming out with revenue of $13.1m as opposed to the previous years $11.5m

The Eldorado Resorts owned Lady Luck Casino Nemacolin has the dubious double honour of being bottom of the 12 land-based establishments, in addition to seeing the largest decrease of 14.9 per cent, with its $2.7m a drop from $3.3m.