RubinBrown Gaming Stats 2012

National Electronic Gaming Device Revenue Analysis

Electronic Gaming Devices (EGD) Revenues by State

the state’s gaming revenues, which was 19.9% below the national average of 82.8%. Excluding Maryland, since Maryland only offers EGDs, the percentage of revenues generated from EGDs was the highest in Iowa and South Dakota, both generated 91.2% of the state’s gaming revenues. Revenues per Electronic Gaming Device per Day Analyzing revenues per EGD per day provides an interesting perspective on the ability for regions to absorb additional competition within the industry: • Nevada, South Dakota and Colorado are the top three states in terms of the number of casinos; however, they produced the three lowest revenue amounts per machine per day. • Illinois produced the highest revenue per machine providing evidence that the state could support additional gaming. Contributing to the high revenue per machine is the state’s limit on the number of gaming machines allowed, resulting in a reduced number of machines per property. • Pennsylvania EGD revenues only increased by 5.8%; however, the state’s total gaming revenues increased by 21.7%. • Kansas experienced the largest increase in EGD revenues in 2011, recording a 22.3% increase.

When examining EGD revenues by state, the growth in revenues remains consistent with the overall trends. Of the thirteen states in the analysis, Nevada’s EGDs contributed the least to the state’s total gaming revenues. In Nevada, EGD revenue contributed 63.0% of

Electronic Gaming Device Revenues by State 1

2010

2011

% Change

Colorado

$684,349,371

$675,053,358

-1.4%

Illinois

$1,199,396,000

$1,271,908,000

6.0%

Indiana

$1,963,683,039

$1,892,473,071

-3.6%

Iowa

$1,251,115,771

$1,298,229,802

3.8%

Kansas

$32,046,415

$39,196,247

22.3%

Maryland

$27,596,428

$155,708,793

464.2%

Mississippi

$2,024,993,986

$1,894,028,971

-6.5%

Missouri

$1,585,911,930

$1,600,000,890

0.9%

Nevada

$6,637,267,659

$6,737,826,767

1.5%

New Jersey

$2,476,634,108

$2,342,936,626

-5.4%

Pennsylvania

$2,273,934,190

$2,405,867,897

5.8%

South Dakota

$97,418,227

$91,986,745

-5.6%

West Virginia

$738,611,000

$738,583,000

0.0%

1 Louisiana and Michigan were excluded from the analysis as gaming revenues is not broken down between electronic gaming devices and table games.

5 RubinBrown - Commercial & Tribal Gaming Stats 2012