Louisiana Gaming Revenues - First Half 2017

Year-Over-Year First Six Months Net Gaming Revenues for the years 2014 through 2017

The first six months revenues had a rebound for the first six months of 2017 in three of the four regions and in the statewide totals. The 7.4 percent increase in the Baton Region led by L’Auberge of Baton Rouge, exceeded the others by a significant percentage. In addition, only one, the Baton Rouge Region, saw 2017 exceeding their 2015 revenues.    

Source: Louisiana Gaming Control Board Revenue Reports.

Revenue reports include those from the twenty licensed gaming facilities reporting to the Louisiana Gaming Control Board.  They do not include the four Native American Tribal casinos since the Tribal groups do not report to the Louisiana state gaming agency.

Mississippi Gaming Revenues – First Six Months 2017

Year-Over-Year First Six Months Net Gaming Revenues for the years 2014 through 2017

Overall, Mississippi Gaming Revenues were down 2.88% for the first six months 2017 compared to 2016. Mississippi ‘River Counties’ continue to see a decline in their first six months Gaming Revenues, over $81,511,933 or 15.13% from 2014 to 2017. ‘Coastal Counties’ saw a slight decline their first six months Gaming Revenues for the first time in four years. However the Net Revenues in the ‘Coastal’ Region have risen by $58,684,669 or 10.81% during that same 2014 – 2017 period.  

Table 1 – Net Gaming Revenues for the two Regions first Six Months each year (000’s)        

Arkansas Racino Revenues – First Half 2017

Year-Over-Year Net Revenues (Net Wins) increase significantly again

Arkansas has two licensed gaming facilities, Oaklawn Racetrack and Casino in Hot Springs, and Southland Park Racetrack and Casino in West Memphis. Each one continues to appreciate significant increases in Net Revenues as a result of their 2015 – 2016 expansions.  

Table 1 : 2017, 2016, 2015 Comparison – Arkansas Racino EGS Net Revenues     

JAN-JUN		Net Revenue*		Y-o-Y		%Win**
2017	$180,563,640		8.5%		6.82%
2016	166,441,566		35.9%		N/A
2015	122,455,761		27.9%		N/A

*Net Revenue is designated as ‘Net Win’ by the Arkansas Racing Commission.  It is the dollars wagered minus the payouts.

  **  “% Win” is defined as Net Win as a percentage  of dollars wagered.

         

  Table 2:  2014 - 2017 EGS Net Revenues for the two facilities first six months of each year

	2014	2015	2016	2017
Oaklawn	$33,792,897	$47,094,323	$62,180,146	$68,164,609
Southland	$61,914,065	$75,361,438	$104,261,420	$112,385,031
Total	$95,706,962	$122,455,761	$166,441,566	$180,549,640

Source:  February through July 2017 Electronic Games of Skill Revenue Reports, Arkansas Racing Commission