Wind Creek Bethlehem among Pa.'s most profitable casinos

The Morning Call
 
Wind Creek Bethlehem among Pa.'s most profitable casinos
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Wind Creek Bethlehem recently celebrated the grand opening of its new wing, featuring shiny hotel rooms, much-needed ballroom space and a spa with a grand view of the neighboring SteelStacks.

The south Bethlehem casino/hotel is also holding its own against in-state competition on the gaming side. The Pennsylvania Gaming Control Board released its 2022-23 fiscal year numbers this week and Wind Creek is among the top casinos in revenue in the two traditional gaming categories — table games and slot machines. The gaming board ended its fiscal year June 30.

Wind Creek once again had the highest revenue in table games, bringing in $236.7 million, a negligible increase from last year. Its closest competitor was Parx Casino in Bucks County, which saw a 5.4% drop to $202.1 million.

In slots, Wind Creek was second-best at $278.8 million, well behind Parx, which raked in about $390 million. Wind Creek’s total was also a slight increase, while Parx saw a 4.4% drop.

Other casinos dominated in internet gaming and sports wagering. Hollywood Casino at Penn National Race Course, owned by Berks County-based Penn Entertainment, had iGaming revenue of $648.1 million, an increase of 34.6% over the year. Wind Creek’s iGaming revenue increased 40% to $20.4 million.

The only place where Wind Creek saw a drop was in its sports book, which had a 28% decrease for a profit of just over $1 million. Valley Forge Casino Resort in Montgomery County dominated that category with revenue of $255.4 million.

Tax revenue for the fiscal year was a record $2.3 billion, which came from combined revenue of $5.5 billion from the state’s 17 casinos, iGaming, sports wagering, video game terminals and fantasy sports contests.