RubinBrown Gaming Stats 2012
Electronic Gaming Device Hold Percentages Overall hold percentages remained relatively consistent between years. Of the states included in the analysis, only ten states provided hold percentage information and six of those states had hold percentages of approximately 9.0%. Nevada had the lowest hold percentage of 6.3% followed by Colorado at 6.9%. Casinos in both of these states face significant competition, which has effectively driven down the hold percentages in the patrons’ favor. While properties in Colorado and Nevada have lowered their hold percentages from increased competition, casinos in South Dakota have been able to maintain a hold percentage of approximately 9.0%, which is one of the highest in the country. In comparing the hold percentages to effective tax rates, a direct correlation could not be established. Of the states examined, Pennsylvania has the highest EGD tax rate (55%), but the fourth lowest hold percentage (7.9%), which was 1.3 percentage points below the highest hold percentage (9.2%). Conversely, New Jersey has one of the lowest tax rates (8.0%), but one of the highest hold percentages (9.1%).
Electronic Gaming Devices Hold Percentages by State
6.8%
Colorado
6.9%
8.0%
Illinois
8.4%
9.1%
Indiana
9.2%
9.0%
Iowa
9.1%
7.4%
Mississippi
7.5%
9.1%
Missouri
9.2%
6.2%
Nevada
6.3%
8.9%
New Jersey
9.1%
7.6%
Pennsylvania
7.9%
9.1%
South Dakota
8.9%
9.0% 9.0%
West Virginia
5.0%
6.2%
7.5%
8.7%
10.0%
2010
2011
Electronic Gaming Device Revenue per Device per Day
$400
$300
$326.60
$319.09
$279.05
$274.26
$200
$248.64
$244.25
$236.20
$232.40
$222.49
$214.15
$202.35
$200.69
$197.42
$195.93
$191.64
$186.01
$179.63
$166.42
$158.35
$151.38
$100
$126.47
$124.59
$97.90
$95.05
$74.04
$69.74
$0
Iowa
Illinois
Kansas
Indiana
Nevada
Missouri
Maryland
Colorado
Mississippi
New Jersey
Pennsylvania
West Virginia
South Dakota
2010
2011
Commercial & Tribal Gaming Stats 2012 - RubinBrown 6
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