In the first
half of 2017, we see a slight increase of 1.1% in Net Revenues from slot
machines at racinos. However, the decline in the rate of growth for Florida
racino slot machine net revenues continues.
(See our March
2017 revenues report for 2016 year-end numbers.)
Table: Florida Racino
Slot Net Revenues, 2015-2017
Jan-Jun
|
Net Revenue*
|
YoY +/(-)
|
Promo**
|
YoY +/(-)
|
2017
|
$290,180,990
|
1.1%
|
$49,821,203
|
8.7%
|
2016
|
286,880,554
|
2.3%
|
45,822,841
|
10.2%
|
2015
|
280,464,109
|
6.1%
|
41,566,061
|
9.5%
|
* Net
Revenue: Dollar amount of money retained by slot machines after paying
jackpots.
**
Promo: Total dollar amount of promotional credits played at the eight Florida
locations.
Source: University of Nevada Las Vegas, Center for Gaming Research, July 2017.