RubinBrown Gaming Stats 2010
National Comparison
Adjusted Gross Receipts by State (Millions)
In 2009, the U.S. gaming industry continued to struggle with revenues down 6.46 percent from 2008. The most significant declines were felt in formerly robust states like Nevada and New Jersey, which suffered double digit reductions in revenue. Only three of the 13 states with legalized commercial gaming experienced gains in 2009, due primarily to changes in restrictive gaming regulations such as the elimination of wager or loss limits. A number of states have legalized gaming in order to overcome budget deficits and increase tax revenue. The trend of increased legalization is expected to continue as more states benefit financially from commercial gaming. Recent gaming legalization includes: • Delaware – Sports Books • Illinois - Video gaming terminals at licensed establishments (bars and truck stops) • Kansas – Opened first Commercial Gaming property • Maryland – Slot Parlors From a market share perspective, Nevada continues to dominate the landscape with more than one-third of the market. The east coast dominance currently owned by New Jersey could be challenged in the coming years by Pennsylvania’s current and proposed growth. • Ohio – Commercial Gaming • Pennsylvania – Table Games
2009
2008
% Change
Colorado
735
716
2.65% -8.92% -3.41% -0.84% -6.17% -1.54% -9.41% 2.85% -10.40% -13.25% 21.60% -0.04% -6.45% NA
Illinois Indiana
1,429 2,379
1,569 2,463
Iowa
945
953 NA
Kansas* Louisiana Michigan Mississippi
2
2,053 1,339 2,465 1,730
2,188 1,360 2,721 1,682
Missouri Nevada
10,393
11,599
New Jersey Pennsylvania South Dakota
3,943 1,965
4,545 1,616
102
102
Total
$29,480
$31,514
*The first commercial Kansas casino opened on December 15, 2009, therefore there is no information to report prior to 2009.
National – Percentage of Gaming Industry
MI 5%
IL 5%
IA 3%
CO 2%
MO 6%
KS & SD <1%
PA 7%
LA 7%
NV 36%
IN 8%
MS 8%
NJ 13%
www.rubinbrown.com | 2
Made with FlippingBook - Online catalogs