RubinBrown Gaming Stats 2010

Adjusted Gross Receipts by Region

While overall revenues in Indiana declined, patronage increased 4 percent from 25.4 million to 26.4 million. In 2009, the Indiana Gaming Commission also began an examination of Indiana’s industry as compared to other states. Topics include land-based casinos, non-smoking accommodations, and competitiveness with tribal casinos. Going forward, Indiana will face increased competition from Ohio’s recent legalization of commercial gaming and the addition of Illinois’ tenth casino in the Chicago suburbs. Even though the Chicago area casinos have Indiana’s highest AGR per square foot, they are still 31 percent less than the competition on the Illinois side. The AGR per patron is also lower in the Chicago vicinity as compared to the other regions. This statistic is consistent with the trend in large metropolitan communities, as these properties offer additional non-gaming attractions that increase admissions figures. The casinos in Southeastern Indiana have the highest EGD hold in the state, which could potentially boost AGR per EGD, but may account for why patronage is only 19.46% of the total state admissions, while being located in a larger market like Cincinnati. With regard to table games, an inverse relationship exists between table hold and AGR per table. This is consistent with the overall trend observed in the Midwest states examined. Additionally, the AGR per table followed the population centers as the Chicago vicinity is the largest, followed by the Cincinnati market, and then the other Ohio River Communities, respectively.

$1.3B

$867M

$433M

$0

Chicago Vicinity

Southeastern Indiana Ohio River Communities

2007

2008

2009

Adjusted Gross Receipts Analysis

$100

$4K

$95.78

$95.18

$3,867.92

$3,002.92

$2.7K

$90

$2,876.45

$85.11

$80

$1.3K

$70

$0

Southeastern Indiana

Ohio River Communities

Chicago Vicinity

AGR per Square Foot

AGR per Patron

Electronic Gaming Devices Analysis

13.17%

$290

14.00%

$285.45

$260.51

$279.04

$193

11.00%

9.22%

9.02%

8.00%

$97

5.00%

$0

Southeastern Indiana

Ohio River Communities

Chicago Vicinity

AGR per EGD per Day

Average EGD Hold

Table Games Analysis

$1,900

22.00%

$1,817.37

21.59%

$1,250

20.33%

$1,271.68

$1,168.10

19.56%

18.67%

$633

18.52%

16.10%

$0

St. Louis Vicinity Southeastern I diana

Other Communities Ohi River Communities

Chicago Vicinity ica icinity

AGR per Table Game per Day

Average Table Game Hold

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