Parx Casino

What Parx Casino does

Parx Casino, operated by Greenwood Gaming & Entertainment, Inc. (a Delaware corporation), is Pennsylvania's top-grossing casino, generating $573.9M in combined slots and table game revenue in 2025 and holding 17% market share across the state's 17-licensed casino industry. The company runs two physical properties — the flagship 260,000-square-foot Bensalem facility (nearly 3,000 slot machines, 141 live table games, a 48-table poker room, sportsbook, Xcite Center entertainment venue, 360 nightclub, Xlounge, and ten-plus dining outlets) and the 73,000-square-foot Shippensburg property (500+ slots, 12 live tables, sports wagering kiosks) — plus the 160-room Parxview Hotel adjacent to Bensalem (opened March 2026) and the Parx Racing thoroughbred operation. Revenue is generated through house edge on gaming, sports wagering via the betPARX mobile and retail sportsbook in Pennsylvania, New Jersey, Maryland, and Michigan (via PlayGunLake), food and beverage, entertainment ticketing through AXS, hotel accommodations, and pari-mutuel horse racing wagering. The Xclub loyalty program links retail and online play across all four states, while underlying technology includes the betPARX app suite, Parx Casino Wallet (cardless/cashless gaming), and Fusion hybrid table game terminals. The company is privately held, has operated since December 2006, holds a PA gaming license renewed through 2031, and supports 1,001-5,000 employees.

Name

Parx Casino

Legal name

Greenwood Gaming & Entertainment, Inc.

Website

https://parxcasino.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Parx Casino is Pennsylvania's top-grossing casino (17% market share, $573.9M in 2025 slots and tables revenue), operating two PA casino properties, a 160-room hotel, thoroughbred racing, the betPARX sportsbook across four states, and ten-plus dining and entertainment venues serving adult gaming and hospitality customers.

Ownership category

akta.pro rank

Product category

Casino Gaming & Hospitality

NAICS

Casinos (except Casino Hotels) (71321), Casino Hotels (721120), Gambling Industries (7132)

SIC

Services-Miscellaneous Amusement & Recreation (7990), Services-Racing, Including Track Operation (7948)

akta.pro primary industry

Standalone Casino Properties (Urban/Suburban) (MPAEAAAB)

akta.pro secondary industries

Destination/Regional Casinos (Drive-to Markets) (MPAEAAAC), Cardrooms & Poker Rooms (Land-Based) (MPAEAAAG), Urban Casino Hotels (THAGAJAB)

Keywords

• Casino gaming
• Sports betting
• Horse racing
• Hospitality entertainment
• Loyalty rewards

Headquarters

HQ city

Bensalem

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain, Infrastructure, Others

Revenue model

1. Land-Based Casino Gaming: Revenue from slot machines (nearly 3,000 at Bensalem, 500+ at Shippensburg), table games (141 live tables at Bensalem, 12 live tables at Shippensburg), and poker room operations. Includes theoretical win from house edge on all gaming activities.
2. Sports Betting: Revenue from sports wagering through physical sportsbook at Parx Casino and mobile betPARX platform. Includes handle percentage, spreads, moneylines, props, parlays, and teasers on professional and college sports.
3. Food & Beverage: Revenue from multiple dining venues including Parxgrill (steakhouse), Liberty Bell Gastropub, Bambu (Asian cuisine), Beer Garden, Chickie's & Pete's, Foodies, Fat Stax, Jax bar, and Dunkin'. Includes private event catering.
4. Entertainment Ticketing: Revenue from Xcite Center (1,500+ seat venue) and 360 nightclub ticketed events including concerts, comedy, boxing, MMA. Ticketing through AXS partnership.
5. Hotel Accommodations: Revenue from Parxview Hotel (160 rooms), formerly Inn at Fox Chase, renovated and rebranded in 2025-2026.
6. Horse Racing & Wagering: Revenue from Parx Racing thoroughbred operations and simulcast wagering through Phonebet system and on-site wagering.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

Parx Casino operates land-based casino gaming (slot machines, table games, poker, sports betting) across two Pennsylvania properties in Bensalem and Shippensburg, complemented by online/mobile sports betting via the betPARX platform in PA, NJ, and MD. The core offering is rounded out by live thoroughbred racing (Parx Racing), dining venues, live entertainment at the Xcite Center and 360 nightclub, hotel accommodations at the Parxview Hotel, and the Xclub loyalty rewards program that ties physical and digital play together.

Product overview

Parx Casino operates a multi-property gaming and entertainment platform consisting of two physical casino properties (Parx Casino Bensalem and Parx Casino Shippensburg in Pennsylvania), the betPARX online/mobile sports betting and igaming platform (available in PA, NJ, and MD), the Parxview Hotel accommodation, the Xclub Rewards loyalty program, and extensive dining and entertainment venues. The core offering centers on gaming (3,500+ slots, 150+ table games, 48+ poker tables, sports betting), supported by the betPARX digital platform, Xclub loyalty program, multiple restaurants (Parxgrill, Liberty Bell Gastropub, Bambu, Beer Garden, Fat Stax, Foodies, Chickie's & Pete's), entertainment venues (Xcite Center, 360, Xlounge, Jax), and Parx Racing horse racing.

Differentiator

Problem solved

Functional benefit

Products and services

• Parx Casino Bensalem Flagship casino property offering over 150,000 sq ft of gaming space with 3,000+ slot machines, 141 live table games, 48-table poker room, sportsbook, multiple restaurants, entertainment venues, and adjacent Parxview Hotel. Targeted at adults 21+ in the greater Philadelphia metro area.
• Parx Casino Shippensburg Satellite casino property featuring 500 slot machines, 12 live table games, sports wagering kiosks, Jax bar, Foodies dining, Liberty Bar & Grill, and private event spaces. Located off I-81 Exit 29. Targets adults 21+ in central Pennsylvania.
• betPARX Online Sportsbook Online and mobile real-money sports wagering platform offering spreads, moneylines, props, parlays, and teasers on professional and college sports. Available via betPARX apps and website in PA, NJ, and MD. Targets adult sports bettors 21+.
• Parxview Hotel 160-room hotel property adjacent to the Bensalem casino offering stay-and-play packages and Xclub member benefits. Targets casino guests, business travelers, and tourists visiting the Philadelphia area.
• Xclub Rewards Program Loyalty rewards program offering Tier Points, betPARX Coins, and Comps Cash based on eligible gaming play across both physical Parx properties and the betPARX online platform. Benefits are redeemable for slot play, promotions, merchandise, and experiences. Targets all Parx Casino and betPARX patrons 21+.
• Xcite Center 1,500-seat live entertainment venue at Parx Casino Bensalem featuring cutting-edge lighting, two massive video walls, and a world-class sound system. Hosts concerts, comedy shows, podcasts, boxing, and MMA events. Targets entertainment seekers in the Philadelphia metro area.
• 360 Nightclub Nightclub and lounge venue with up to 200 guest capacity, a 40-foot professional stage, three giant LED screens, and live music, bands, and comedy acts. Targets nightlife and entertainment seekers at Parx Casino Bensalem.
• Parx Poker Room 24-hour poker room at Parx Casino Bensalem with over 48 tables including a 3-table VIP high-limit enclave. Features No Limit Texas Hold'em, Limit Texas Hold'em, Pot Limit Omaha, and Mix Games. Hosts Bad Beat Jackpot promotions and Big Stax tournament series. Targets serious poker players and tournament enthusiasts.
• Parx Racing Thoroughbred horse racing facility at Parx East offering live racing, simulcast wagering from multiple tracks, and Phonebet remote wagering service. Targets horse racing enthusiasts and pari-mutuel bettors in the region.
• Parxgrill Steakhouse Award-winning upscale signature steakhouse featuring classic cuisine and chef-inspired seasonal specialties with seating for over 100 guests and a private dining room. Targets fine dining customers and casino visitors.
• Liberty Bell Gastropub Farm-to-fork inspired gastropub featuring locally sourced ingredients, custom rotisserie cooking, 28 craft beers on tap, and a 33-seat bar with 14 large HD TVs. Targets casual and gastropub diners as well as sports viewers.
• Liberty Bell Beer Garden All-season outdoor patio dining experience featuring 24 rotating craft beers, specialty cocktails, and chef-inspired pub fare with fire pit seating. Targets casual diners and event-goers seeking outdoor atmosphere.
• Bambu Asian Restaurant Asian-inspired restaurant designed by Chef Joe Zhou featuring innovative appetizers, dumpling dishes, noodle soups, wok favorites, sushi specials, and Peking Duck with steamed lotus root buns. Targets Asian cuisine enthusiasts and upscale diners.
• Parx Private Events & Catering Private event hosting and catering services available at both Bensalem and Shippensburg locations, with buffet packages from $28-$44 per guest at Shippensburg and full-service packages up to $92 per guest at Parxgrill Bensalem. Targets corporate clients, private parties, and group event organizers.

Quantifiable outcome

• $573.9 million in combined slots and table revenue in 2025, representing 17% market share
• +1 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• AXScoreGTM or Marketing PartnerAXS is the official ticketing partner for Parx Casino events at the Xcite Center and other entertainment venues. Provides enhanced digital ticketing through AXS Mobile ID, online purchase platform (AXS.com), customer support, and official resale marketplace for tickets.
• JAMSminorImplementation/ SI/ Consulting PartnerJAMS (Judicial Arbitration and Mediation Services) provides arbitration rules and procedures for dispute resolution as referenced in Terms & Conditions. Arbitration conducted in Bucks County, Pennsylvania using JAMS Comprehensive Arbitration Rules and Procedures.
• Pennsylvania Gaming Control BoardcoreOthersState gaming regulatory authority that licenses and regulates Parx Casino operations. Renewed Parx Casino and Racing license for 5 years until 2031. Imposes fines and consent agreements for regulatory violations.
• OpenTableminorGTM or Marketing PartnerRestaurant reservation platform partner for Liberty Bell Beer Garden, Bambu, Parxgrill, and Liberty Bar & Grill. Provides Diners' Choice recognition and online reservation capabilities.
• Victory Brewing Company, Yards Brewing, Tröegs, Flying Fish, Goose Island, Great LakesminorChannel Partner/ Reseller/ DistributorCraft brewery partners featured at Xlounge and Liberty Bell Beer Garden. Draft beers served at $5-$6 per pour, including Victory Golden Monkey, DirtWolf Double IPA, Yards Cape of Good Hope, and others.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Live! Casino & Hotel Maryland: Live! Casino & Hotel is a large Maryland integrated casino operated by Cordish Companies with gaming, hotel, dining, sportsbook, and entertainment. Directly comparable as a major mid-Atlantic regional casino competing for the same Philadelphia-Baltimore-Washington player base.
• Wind Creek Hospitality (Wind Creek Bethlehem): Operator of Wind Creek Bethlehem, one of the largest Pennsylvania casinos with extensive gaming floor, hotel, dining, and entertainment. Directly comparable as a large-scale Pennsylvania integrated casino competing for the same regional gaming dollars as Parx Bensalem.
• Hollywood Casino at Penn National Race Course: Hollywood Casino at Penn National is a Pennsylvania casino and thoroughbred racing property operated by Penn Entertainment. Comparable as a Pennsylvania casino with racing operations competing for the same statewide gaming and pari-mutuel market share as Parx.
• MGM National Harbor: MGM National Harbor is a major Maryland integrated casino resort with gaming, hotel, dining, and entertainment from MGM Resorts. Comparable as a large-scale mid-Atlantic competitor for premium gaming and entertainment spend in the region Parx serves.
• Rivers Casino Philadelphia: Rivers Casino operates a land-based casino in the Philadelphia market and Rivers Casino Pittsburgh. Direct competitor to Parx in Pennsylvania with similar slots, tables, sportsbook, dining, and entertainment offering.
• Mohegan Sun Pocono: Mohegan Tribal Gaming Authority's Pennsylvania property in Wilkes-Barre, offering slots, table games, hotel, racing, dining, and entertainment. Directly comparable Pennsylvania casino competing for statewide gaming market share.
• Mount Airy Casino Resort: Mount Airy is a Pennsylvania casino resort in the Pocono Mountains offering gaming, hotel, dining, golf, and spa. Comparable as another integrated Pennsylvania casino competing in the same statewide gaming market.
• BetRivers (Rush Street Interactive): BetRivers is an online sportsbook and casino brand from Rush Street Interactive, active in Pennsylvania, New Jersey, and several other states. Directly comparable as a regional online sportsbook and iGaming operator competing head-to-head with betPARX in PA and NJ.

Broad incumbents

• DraftKings: DraftKings is a national online sports betting and iGaming operator available in 20+ U.S. states including PA, NJ, and MD. Comparable as a competing digital sportsbook/iGaming brand, though with substantially broader scale and marketing reach than betPARX.

Regional players

• Borgata Hotel Casino & Spa: Borgata is Atlantic City's largest casino hotel, operated by MGM Resorts, with gaming, poker, hotel, dining, and sports betting via BetMGM. Comparable as a major Northeast regional casino competing for the same drive-to and destination gaming market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/parxcasino
• Facebookfacebook.com/parxcasino
• Instagraminstagram.com/parxcasino
• LinkedInlinkedin.com/company/parx-casino

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Parx Casino