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
No comments:
Post a Comment