More Blackjack Coming to the Meadows Casino, Pennsylvania
Oct 26, 2010
Merely 3.5 months ago, the Commonwealth of Pennsylvania permitted local casinos to offer table games such as blackjack.
The Meadows Racetrack and Casino didn’t anticipate the same demand that the state’s other nine gambling establishments did. As such, though they generated $2.5 million last month, overall they are producing less revenue than any other legally operated casino in the state. Other Pennsylvania casinos doubled their table gaming revenues in August. Only Preseque Isle Downs and Casino in Erie and the new SugarHouse in Philadelphia have generated less table revnue.
By way of comparison, prior to the legalization of tables, the Meadows was a top grosser for their slots. But, by means of excuse for SugarHouse, Philadelphia’s first and only Blackjack Casino has hardly been open a month yet.
Spectrum Gaming Group’s director of analysis Shawn McCloud is also known as an industry consultant. Upon inspecting the Meadows, he observed, compared to other gambling venues, the well-known racetrack currently has the lowest percentage of “banking games”, such as baccarat and blackjack card games.
This is significant because banking games are big money generators for the house. In a banking game, when gamblers play, they compete against the house, and as such their losses go to the house. By comparison, poker is a non-banking game. Players compete against each other and the player losses are collected by the other players instead of the casino.
The Meadows General Manager Sean Sullivan downplays the situation, asserting “I think we’re concerned. We’re not overly concerned. We take it as a challenge to us.”
The Meadows has been consulting high rollers and other gamblers to better understand their needs and desires. It currently plans to expand from 62 to 69 table games, including four blackjack tables, two Let It Ride tables, a roulette wheel, and a poker table. The challenge is to expand the tables without overwhelming caps placed by legal capacity and comfort. The casino is also planning a focus group for next month.
Whether Preseque Isle or SugarHouse is planning similar expansions is unknown at this time.
Tags: Barona Casino, Blackjack, Cardroom, Casino, Commonwealth Day, director of analysis, Gambling, Games, General Manager Sean Sullivan, industry consultant, Meadows General Manager, non-banking game, Pennsylvania, Philadelphia, player, Preseque Isle, Shawn McCloud, Spectrum Gaming Group, USD