Tuesday, August 4, 2015

Casino/Racino Revenues up through June

Arkansas
Significant revenue increases at both facilities resulting from additional gaming space and gaming units.


Arkansas
2014
2015
YoY Change
% Change
Oaklawn
$33,792,897
$47,094,323
$13,301,426
39.3%
Southland Park
$61,914,095
$75,361,438
$13,447,343
21.7%
Total
$95,706,992
$122,455,761
$26,748,769
27.9%
Source:  Electronic Games of Skill Revenues, Arkansas Racing Commission

Florida
Pompano Park continues to lead with gaming revenues up 12.6 % year-over-year and a market share of 28.9% of the 7 Racinos' total slot revenues.

Florida
2014
2015
YoY Change
% Change
Total of 7 Racinos
$264,334,231
$280,464,109
$16,129,878
6.1%
Source: Florida Racino Monthly Slot Revenues, UNLV Center for Gaming Research

Louisiana
Baton Rouge market – Gaming revenues for the overall market was + 4.4 % year-over-year with L’Auberge up 8.9%.

Bossier City/Shreveport market – Margaritaville continues to capture market share with gaming revenues + 17.1 % year-over-year, Harrah’s Louisiana Downs (-) 24.3 % year-over-year.  Overall market was up slightly at +.74% for the first 6 months.

Lake Charles Market – The Golden Nugget posted gaming revenues of $122,701,596 for the six month period. The facility opened in December 2014 so year-over-year was 100 %.  The overall market was up $119,692,398.

New Orleans Market – Gaming revenues for the three facilities outside New Orleans City limits, Amelia Belle + 2.0%, Treasure Chest + 5.9%, and Boomtown + 5.7% were all up for the six months. The two within New Orleans City limits were down: The Fairgrounds (-) 1.7 %, Harrah’s (-) 13.7 %, evidence that the non-smoking law in New Orleans is having a negative effect on gaming revenues.

Louisiana
2014
2015
YoY Change
% Change
Baton Rouge
Region
$189,200,581
$197,480,175
$8,279,594
4.4%
Bossier City/
Shreveport
$370,744,041
$373,489,563
$2,745,522
0.7%
Lake Charles
Region
$340,048,609
$459,741,007
$119,692,398
35.2%
New Orleans
Region
$334,538,170
$316,479,286
($18,058,884)
-5.4%
Total Louisiana
$1,234,531,401
$1,347,190,031
$112,658,630
9.1%
Source:  Louisiana Gaming Control Board, Revenue Reports

Mississippi
The Mississippi gaming revenue trend continued with the Gulf Coast market up 6.8% and the Mississippi River Counties down 7.3%.

Mississippi
2014
2015
YoY Change
% Change
Gulf Coast
Region
$542,999,109
$579,641,580
$36,642,471
6.8%
Mississippi River
Region
$538,567,706
$499,421,901
($39,145,805)
-7.3%
Total Mississippi
$1,081,566,815
$1,079,063,481
($2,503,334)
-0.2%
Source:  Mississippi Gaming Commission Revenue Reports



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