Table revenue falls at Lady Luck
Table gaming revenue at Lady Luck Casino at Nemacolin Woodlands Resort in Farmington dropped more than 12 percent last year, the biggest decline among the state’s casinos, the Pennsylvania Gaming Control Board said.
Revenue Lady Luck table games totaled $4.654 million in 2016, a 12.24 percent decline from the prior year’s total of $5.3 million.
Revenue from table games at Rivers Casino in Pittsburgh’s North Shore was $69.10 million in 2016, down 3.20 percent from 2015’s total of $71.38 million.
At Meadows Racetrack and Casino in North Strabane Township, Washington County, 2016 table game revenue was $31.40 million, up 0.45 percent from 2015’s $31.26 million.
Overall at the state’s 12 casinos, revenue came to $853.238 million, an increase of 5.58 percent from the prior year’s total of $808.137 million. Six casinos reported increases in table game revenue, while table revenue at six casinos declined, the gaming board said.
Last month, table revenue at Lady Luck came to $251,154, a 36.52 drop from $395,614 from December 2015. This was the largest reported table gaming revenue decline among the dozen Pennsylvania casinos.
Both Rivers Casino and Meadows Racetrack and Casino had increases in table gaming revenue with $6.16 million and $2.95 million reported, respectively.
St. Louis-based Isle of Capri, which manages Lady Luck Casino, is in the process of being acquired by Eldorado Resorts Inc., a Reno, Nevada, gaming company.
Shareholders from both companies are scheduled to meet separately Wednesday to vote on the proposed $950 million deal.
Eldorado officials have said they expect the deal to close in April.
Patrons at Lady Luck should not notice any significant changes, the company has said.
Lady Luck was opened in 2013 by the Isle of Capri, which invested $60 million in partnership with Nemacolin.
The casino has roughly 30 gaming tables and 600 slot machines.
Its license was recently renewed for three years by the state gaming board.
Lady Luck is also a Category 3, or resort, casino, a designation it shares with Valley Forge Casino.
To play at Lady Luck, you have to be an overnight guest at the resort, a patron of Nemacolin’s amenities, or a visitor who makes a $10 purchase on the property.