RubinBrown Gaming Stats 2013

New York Resorts World Casino New York brings in $60 million in net revenue and over one million patrons during July. The racino opened in October 2011 and offers over 5,000 electronic table games and slot machines. In 2012 the racino generated gaming revenue of $672.5 million. Ohio Ohio welcomes commercial gaming with three casinos opening in 2012. In May, Penn National opened the Hollywood Casino in Toledo and Caesar’s Entertainment opened the Horseshoe Casino in downtown Cleveland. In October, Penn National’s Hollywood Casino Columbus opened; it is currently the largest casino in the state, offering more than 3,000 gaming machines. The state’s fourth and final casino, Horseshoe Cincinnati, is set to open in early 2013. Ohio’s slot-only racino, Scioto Downs, provides stiff competition to its full-scale casino competitor, Hollywood Casino - Columbus. Since opening in October, the Hollywood Casino - Columbus has generated $130 per machine per day, which is $24 less than neighboring slots- only racino, Scioto Downs.

Oklahoma Will Rogers Downs experiences its most successful year since reopening five years ago. Most of the success can be attributed to the racino’s extensive simulcast distribution around the country and increasing its stake races to eight. Pennsylvania Pennsylvania surpasses New Jersey for second most in annual gaming revenues while celebrating its sixth straight year of increased slot revenue. The eleven casinos’ total revenue increased 2.7% since last year to $2.5 billion. Sugarhouse had an 11% growth in revenue and led the state in total revenue in 2012. Isle of Capri finally receives a Pennsylvania gaming license. In August 2012, the Pennsylvania Supreme Court ruled in favor of Isle of Capri, granting the company the state’s last resort casino license. Isle will open a casino at its Nemacolin Woodlands Resort, offering 600 slot machines and 28 table games. Rhode Island Voters approve Twin Rivers’ plan to add table games to the slots-only casino. In order to stay competitive with Massachusetts’ legalization of gaming, Twin Rivers plans to add over 65 table games to its facility. Meanwhile, Rhode Island’s other slots-only casino, Newport Grand, is still unable to add table games as voters neighboring the casino rejected its expansion.

South Dakota Legislature raises the bet limits from $100 to $1,000 with minimal resistance. Early in 2012 there were multiple gaming expansion bills introduced into the legislature. Ultimately, Senate Bill 108 passed, raising the maximum bet limit. In July 2012 the higher limits were enacted, which resulted in an immediate increase in statewide gaming revenue. West Virginia Competition from Pennsylvania and Ohio lead to a decline in gaming revenue for the two casinos located in the Northern Panhandle. Meanwhile, the Hollywood Casino in Charles Town continued to lead all other casinos in revenue, generating more revenue than all other West Virginia casinos combined.

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