RubinBrown Gaming Stats 2016

PORTLAND REGION †

$3.20B

54 OPS

51

51

$3.10B

52 OPS

50

49

49

49

$3.00B

50 OPS

47

$2.90B

48 OPS

46

NO. CASINO OPERATIONS

$2.80B

46 OPS

$2.70B

44 OPS

$2.60B

42 OPS

$2.50B

40 OPS

$2.40B GAMING REVENUES

38 OPS

$2.30B

36 OPS

$2.20B

34OPS

$2.10B

32 OPS

$2.00B

30 OPS

$2.26B

$2.38B

$2.52B

$2.66B

$2.76B

$2.87B

$2.90B

$2.93B

FY 2007

FY 2008

FY 2009

FY 2010

FY 2011

FY 2012

FY 2013

FY 2014

10.3% TRIBAL GAMING REVENUES

GAMING REVENUE $2.93B

GAMING REV $7.30

THREE YEAR COMPOUND ANNUAL GROWTH RATE 1.9% FIVE YEAR COMPOUND ANNUAL GROWTH RATE 3.0%

$57.39M AVERAGE REVENUE PER CASINO

51

CASINO OPERATIONS

0.8%

4.2% OF ALL 2014 GAMING REVENUES

The Portland Region is one of two regions that has never experienced a year of declining revenues. In 2014, the trend did not change as the region generated revenue growth of 0.8%, the smallest growth rate in over a decade. Overall, the Portland region represents 10.3% of the tribal gaming revenues. Since 2007, the region has grown by $663.0 million or 29.3%. • The region continues to see the opportunity for future growth, as multiple new casino projects are underway. The Spokane Tribe is working to build a $400 million casino near Spokane, Washington. The Cowlitz Tribe is currently constructing a $510 million casino near Ridgefield, Washington, 25 miles north of Portland, Oregon. And the Coos, Lower Umpqua and Siuslaw Indians opened a second casino, Three Rivers Casino in Coos Bay, Oregon. • Oregon tribes face increased competition from "illegal" casinos linked to limited stakes gaming. In Oregon, casino operations are limited to tribal nations; however, the state allows limited stakes gaming establishments so long as they do not generate more than 50% of their revenue from gaming. During a recent audit by the state auditor, more than half of the establishments did not comply with the 50% revenue limitation making them "illegal" casinos. The report claimed the lottery has backed away from enforcing their own regulations, while accepting more than $550 million in annual tax revenues.

22 | RubinBrown 2016 Gaming Stats

† see statistical note on page 29