The Cordish Companies and Live! Casino Pittsburgh proudly unveil the positive community impact achieved through nearly $21 million in Local Share Account (LSA) grants distributed to Westmoreland County municipalities and non-profit organizations since the gaming destination’s inauguration in November 2020.
Diverse Allocation of Funds:
The funds have been instrumental in supporting various community initiatives, including equipping police and fire departments, undertaking nonprofit projects, road resurfacing, bridge reconstruction, and enhancing playgrounds and parks. Additionally, investments have been directed towards stormwater upgrades, exemplifying a comprehensive approach to community development.
Community Enhancement Partnerships:
Joe Weinberg, Managing Partner of The Cordish Companies, expresses pride in contributing to the growth of local communities. The collaborative efforts with elected officials and local organizations reflect a commitment to building a stronger Westmoreland County through ongoing partnerships.
Commitment to Positive Impact:
Live! Casino General Manager Sean Sullivan emphasizes the continuous commitment to positively impact the community. Beyond financial investments, the casino remains dedicated to providing employment opportunities for local families, supporting charities through volunteering, and making donations.
Local Perspective:
Pennsylvania State Representative George Dunbar acknowledges the significant benefit Live! Casino has brought to Westmoreland County. He underscores that the revenue generated locally is being directly reinvested in community projects, alleviating the burden on taxpayers and ensuring essential projects come to fruition.
Live! Casino Pittsburgh’s Recent Developments:
New Event and Entertainment Space:
In 2022, Live! Casino Pittsburgh expanded its offerings with a new 7,000-square-foot event and entertainment space. This versatile venue, located on the second floor, adds to the casino’s appeal, accommodating up to 780 people with an adjustable layout.
Pennsylvania Gaming Revenue Snapshot:
June 2023 Performance:
Pennsylvania’s combined revenue from regulated gaming and fantasy contests reached $440.5 million in June. This marks a notable 13% increase from June 2022, although it reflects an 8% decline from May 2023.
Sports Betting Revenue Highlights:
Sports betting revenue for June amounted to $23 million, showcasing an impressive 80% surge compared to the same month in the previous year. However, this figure represents a 43.9% decrease from May 2023.
Top Performers:
Among the state’s 17 venues, Hollywood Casino at Penn National Race Course led in revenue, contributing $74.4 million. Hollywood Casino Morgantown demonstrated significant year-on-year growth, with revenue reaching $7.1 million, marking a robust 28.9% increase.
The Cordish Companies and Live! Casino Pittsburgh’s impactful contributions underscore the pivotal role gaming establishments can play in fostering community growth. As financial support continues to flow into essential projects, the collaborative efforts exemplify a commitment to sustainable development and community well-being. Pennsylvania’s gaming revenue trends further highlight the dynamic nature of the industry, with strategic developments shaping the state’s gaming landscape.