2017 Net Gaming Revenues for the Southeastern States

Year-Over-Year Net Revenues for Commercial Casinos and Racinos Reported to State Gaming Agencies in the southeastern states

2016 2017 y-o-y +/(-) $  y-o-y +/(-) % Arkansas  $322,766,635 $349,639,881 $26,873,246 8.32% Florida $545,954,766 $546,586,992 $632,226 0.12% Louisiana $2,538,530,264 $2,561,399,716 $22,869,052 0.90% Mississippi $2,122,287,544 $2,080,088,835 ($42,198,709) -2.00% Totals $5,529,539,209 $5,537,715,424 $8,176,217 0.15%

This report is produced by the Southern Economist, llc, a Florida based firm providing consulting services to the casino and racino industries in the nine southeastern United States. Data provided in this report is gathered from the four state agencies listed below. These four states have commercial, non-American Indian casinos within their boundaries. Florida, Louisiana and Mississippi have American Indian casinos within their boundaries, however, American Indian entities are not required to report their revenues to their respective state agencies. The states of Alabama and North Carolina each have American Indian casinos which, likewise, are not required to report revenues to state agencies. The states of Georgia and Tennessee do not have casinos or racinos operating within their boundaries.

Florida, Louisiana and Mississippi gaming revenues were negatively affected by two of the most devastating hurricanes in the history of the United States. Hurricane Harvey made landfall August 25^th and drenched Texas and Louisiana for five days. The storm was responsible for 103 deaths and an estimated $125 Billion in damages. Hurricane Irma made landfall September 9^th at the southwestern tip of Florida with 130 mile-an-hour winds along with massive rains and storm surges. At one point during the storm it covered the entire state of Florida. Irma traveled along the Gulf Coast of Florida then made landfall again on the Gulf Coast of Mississippi on

On September 12^th, Hurricane Irma was responsible for 100 deaths in United States and over $66 Billion in damages. We have not quantified the losses in damages and/or revenues to the three states affected, however we are impressed that the year-over-year gaming revenues for Florida, Louisiana and Mississippi casinos and racinos were good in spite of the storms.

Southern Economist, llc members personally, physically visit each of the 79 commercial and American Indian casinos and racinos in the southeastern states. We provide quarterly and annual revenue reports for each of the four state agency reporting states and provide customized reports on request. For further detail of gaming revenues and/or facilities reviews, contact us at jamesmcgregorsr@gmail.com or call 904.859.7344.

Sources:  Alabama, Electronic Games of Skill Summary Reports; Florida Racinos Monthly Slot Revenues, UNLV Center for Gaming Research; Louisiana Gaming Control Board Revenue Reports; and Mississippi Gaming Commission Monthly Adjusted Gross Gaming Revenue Reports.