<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	xmlns:media="http://search.yahoo.com/mrss/" >

<channel>
	<title>New Jersey 101.5 &#187; Pennsylvania casino revenues</title>
	<atom:link href="http://nj1015.com/tags/pennsylvania-casino-revenues/feed/" rel="self" type="application/rss+xml" />
	<link>http://nj1015.com</link>
	<description>New Jersey News</description>
	<lastBuildDate>Fri, 24 May 2013 17:12:08 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.4.2</generator>
		<item>
		<title>Pa. Casinos Top $3B in Revenue in 2011</title>
		<link>http://nj1015.com/pa-casinos-top-3b-in-revenue-in-2011/</link>
		<comments>http://nj1015.com/pa-casinos-top-3b-in-revenue-in-2011/#comments</comments>
		<pubDate>Wed, 18 Jan 2012 19:09:11 +0000</pubDate>
		<dc:creator>Townsquare News Network</dc:creator>
				<category><![CDATA[National News]]></category>
		<category><![CDATA[Atlantic City casinos]]></category>
		<category><![CDATA[njsyndicated]]></category>
		<category><![CDATA[Pennsylvania casino revenues]]></category>

		<guid isPermaLink="false">http://nj1015.com/?p=43254</guid>
		<description><![CDATA[Pennsylvania crept closer to becoming the nation&#8217;s second-largest gambling market in 2011, state regulators said Wednesday, as gross revenue at the state&#8217;s 10 casinos topped $3 billion in 2011 thanks to steady growth in slot machine play and a full year of gambling at table games. The results represent a nearly 22 percent increase from [...]]]></description>
			<content:encoded><![CDATA[<p>Pennsylvania crept closer to becoming the nation's second-largest gambling market in 2011, state regulators said Wednesday, as gross revenue at the state's 10 casinos topped $3 billion in 2011 thanks to steady growth in slot machine play and a full year of gambling at table games.</p>
<p>The results represent a nearly 22 percent increase from 2010, the Pennsylvania Gaming Control Board said.</p>
<p>Gross revenue is the amount left over after payouts, or the amount that gamblers lost.  Slot-machine revenue rose almost 6 percent to $2.4 billion, while table games revenue almost doubled to $619 million. Table games were legalized in early 2010 and the casinos didn't install the games until at least midway through that year.</p>
<p>Pennsylvania's first casinos opened in 2006, and are already threatening to surpass Atlantic City, N.J., as the nation's second-largest gambling market. In 2011, Atlantic City's casinos won $3.3 billion, down nearly 7 percent from 2010. Atlantic City has 11 casinos, and another that is expected to open soon.</p>
<p>Atlantic City has been hurt by the recession, racetrack casinos in New York and Delaware and Pennsylvania casinos that are giving gamblers who had long been a key part of Atlantic City's customer base a much closer-to-home option.</p>
<p>Instead of a three-hour round trip to Atlantic City, more than two-thirds of Pennsylvanians are now within an hour's drive of a casino in their own state. Atlantic City has been struggling, without much success, to try to replace that revenue.</p>
<p>The city's troubles could deepen with the introduction of big-time gambling in New York and</p>
<p>Massachusetts, while Ohio is poised to see its first commercial casinos open this year and Maryland's first casino opened last year, with more on the way.
<p class="more_act text"><a href="http://nj1015.com/pa-casinos-top-3b-in-revenue-in-2011/" title="Pa. Casinos Top $3B in Revenue in 2011">Read More</a><em>|</em><a href="http://nj1015.com/pa-casinos-top-3b-in-revenue-in-2011/#comments_wrap" title="Pa. Casinos Top $3B in Revenue in 2011">Comment</a></p>
]]></content:encoded>
			<wfw:commentRss>http://nj1015.com/pa-casinos-top-3b-in-revenue-in-2011/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	<media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="http://wac.450F.edgecastcdn.net/80450F/nj1015.com/files/2011/11/slots.jpg" height="428" width="640" /><media:description xmlns:media="http://search.yahoo.com/mrss/">Flickr User Raging Wire</media:description>	</item>
	</channel>
</rss>

<!-- Performance optimized by W3 Total Cache. Learn more: http://www.w3-edge.com/wordpress-plugins/

Page Caching using memcached
Object Caching 654/679 objects using memcached
Content Delivery Network via wac.450F.edgecastcdn.net/80450F/nj1015.com

Served from: nj1015.com @ 2013-05-24 17:13:36 -->