Under the guidance of General Manager Marc Guastella and legal representative Michael Fabius from Ballard Spahr, Hollywood Casino Morgantown presented their case for modifications to the PGCB. The casino's proposal involves slightly reducing the number of slot machines on its gaming porch.
Specifically, Hollywood Casino Morgantown plans to remove 30 slot machines from the gaming porch, resulting in an adjusted total of 117 slots from the previous count of 147. This decision is informed by the fact that the occupancy rate of these porch slot machines is significantly lower than that of other slots on the main gaming floor. These porch slots exhibit a win per unit per day (WPUPD) almost 75% less than their counterparts.
Notably, this isn't the first instance of Hollywood PA Casino Morgantown adjusting its slot machine count. On two prior occasions since its opening in December 2021, the casino reduced the number of slot machines. The outcomes were promising, with slot tax revenue witnessing a notable increase following each reduction.
Guastella expressed confidence in the casino's ability to sustain business growth despite the slot reduction, citing consistent growth in taxable revenue year over year. He said, "It's a very encouraging sign, and we're very excited for the future."
With this reduction, Hollywood Casino Morgantown's slot count will now be 697 machines. The removal process is anticipated to occur swiftly, and the PA casino is actively exploring non-gaming options to utilize the freed-up space, ensuring no impact on staffing.
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