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Million increase in revenues seen at West Virginia casinos
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By Gene Koprowski
As for table gambling, the two tracks earned $87.6 million in revenue in 2008 with Wheeling Island taking $35.6 million and Mountaineer winning $52 million.

Blackjack, Caribbean Stud and Big Six propelled Wheeling Island Hotel-Casino-Racetrack and Mountaineer Casino Racetrack and Resort earn total gambling revenues of $455.1 million in 2008 -- an increase of nearly $60 million in one year.

That is $56.4 million more than the $398.7 million the two tracks earned for the prior year.

According to Jim Simms, president and general manager of the Wheeling Island track, the popularity of table gambling at his facility drove the earnings. His company is preparing to face increasing competition from Pennsylvania casinos in 2009.

Since last January, the Wheeling track has earned $195.1 million from slots and table gambling, whilst Mountaineer earned $260 million from slots and table gambling.

Counting just slot machine revenue, Wheeling Island earned $159.5 million in 2008, while Mountaineer grossed $208 million.

Officials with Wheeling Island and Mountaineer said they needed to see the table gambling measures approved to offset possible huge losses of revenue when Pennsylvania slots went online, as most slots customers came from Pennsylvania.

Officials said table gambling allowed the tracks to overcome the losses of slot machine revenue and establish gains in overall revenue. Wheeling Island's total revenue for 2008 is $22.4 million more than 2007, while Mountaineer's increased by $34 million.

The two tracks have combined to earn $1,207,668 from Big Six, $28,346,183 from blackjack, $627,213 from Caribbean Stud, $16,890,575 from craps, $1,734,791 from four card poker, $2,988,547 from let it ride, $467,246 from pai gow, $15,384,010 from poker, $898,101 from poker tournaments, $8,648,393 from roulette, $8,041,452 from three card poker, $2,245,159 from Texas hold 'em and $62,646 from mini bac.

Simms said the Wheeling track profited from the introduction of table gambling.

"Table gambling has created a great deal of excitement here in Wheeling. ... We have definitely benefited," he said.




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