Tuesday, August 8, 2017

2017 Florida Net Racino Slots Revenues Show Slight Increase

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.

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