RubinBrown Gaming Stats 2014

Ohio Horseshoe Casino Cincinnati opens its doors. The last of four casinos that Ohio voters approved in 2009 opened for business on March 4, 2013. The $400 million casino was projected to generate $227 million in revenue in its first year. Ohio’s racinos are off to the races, as the second, third and fourth racinos open. On April 9, 2013, the $88 million Thistledown Racino opened in North Randall. On December 12, 2013, Miami Valley Gaming opened northeast of Cincinnati. On December 18, 2013, The Hard Rock Rocksino opened near Cleveland, Ohio. Oklahoma Oklahoma racinos see another steady year in gaming revenues. The Will Roger Downs Racino, owned by the Cherokee Nation, and Remington Park, owned by the Chickasaw Nation, generated $112.9 million in gaming revenues. When compared to 2012, revenues remained relatively flat, declining by 0.2%.

Pennsylvania Casinos post decrease in year-end gaming machine revenue for the first time since Pennsylvania opened casinos in 2006. The state’s 12 casinos generated a combined $2.38 billion in gaming machine revenue, a 3.5% decline from 2012, and the first decline in 7 years. The dip is a result of increasing competition in nearby states. However, in the commercial gaming industry, Pennsylvania ranks second in gaming machine revenue, behind only Nevada. SugarHouse Casino announces $155 million expansion plans. The expansion will include a banquet hall, a parking garage, an extended riverwalk and bike path, and an increase of 27,000 square feet of gaming floor to make room for an additional 500 slot machines, an additional 30 table games, and a poker room. Rhode Island Twin Rivers Casino debuts table games in Rhode Island. In June 2013, Twin Rivers began operating 80 table games including blackjack, roulette, craps, three card-poker and baccarat. The addition of table games helped Twin Rivers generate revenue growth of 7.1% amid declining gaming machine revenue.

South Dakota Gaming officials seek constitutional amendment to keep up with the competition. The desired amendment will allow roulette, craps and keno to be added to the lineup of already approved games: slot machines, poker and blackjack. The amendment is supported by the Deadwood Gaming Association, which wants to remain competitive with the variety of games offered at nearby tribal casinos. Lawmakers have committed to introducing bills to allow more games in Deadwood in 2014. West Virginia State Lottery Commission approves hybrid gaming system. The newly approved system gives players the option of using electronic touch screens to bet on traditional live table games such as roulette and mini-baccarat. The state is hopeful that this will help racetrack casinos compete with casinos in bordering states.

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