RubinBrown Gaming Stats 2019

TRIBAL GAMING PORTLAND REGION †

$1.0B $1.5B $2.0B $3.0B $2.5B $4.0B $3.5B $4.5B $5.0B $5.5B $6.0B $6.5B $8.0B $8.5B $7.5B $7.0B $9.0B

60 OPS 50 OPS 40 OPS 30 OPS 20 OPS 10 OPS 70 OPS 80 OPS 90 OPS 100 OPS 110 OPS 140 OPS 150 OPS 130 OPS 120 OPS 160 OPS

NO. CASINO OPERATIONS

53

52

52

51

51

50

49

49

49

47

GAMING REVENUES

0 OPS

$2.38B

$2.52B

$2.66B

$2.76B

$2.87B

$2.90B

$2.93B

$3.02B

$3.18B

$3.38B

FY 2008

FY 2009

FY 2010

FY 2011

FY 2012

FY 2013

FY 2014

FY 2015

FY 2016

FY 2017

DATA FROM NIGC’S ANNUAL STATISTICAL RELEASE FOR TRIBAL FISCAL YEARS ENDING IN 2017.

10.2% TRIBAL GAMING REVENUES

GAMING REV $9.00

GAMING REVENUE $3.38B

THREE-YEAR COMPOUND ANNUAL GROWTH RATE 5.0% FIVE-YEAR COMPOUND ANNUAL GROWTH RATE 3.3%

$65.07M AVERAGE REVENUE PER CASINO

52

CASINO OPERATIONS

6.5%

4.4% OF ALL 2017 GAMING REVENUES

In 2017, the Portland region generated $3.38 billion in gaming revenues, growing at a rate of 6.5%. The growth rate was the highest growth the region has seen since 2007 when the Portland region generated annual growth of 8.8%. The Portland region also continues to be the only region that has never experienced a year-over-year decline in gaming revenues. The Ilani Casino Completes First Full Year of Operations: The Ilani Casino Resort, owned by the Cowlitz Indian Tribe, opened on April 24, 2017 and completed its first full year of operations in 2018. Prior to its opening, the development was subject to numerous lawsuits, as the Cowlitz Tribe was not federally recognized until February 14, 2000 and the tribe did not have land placed into trust until 2015. The tribe ultimately prevailed in its lawsuits and opened the casino, becoming the closest casino and resort to the 2.4 million people living in the Portland metropolitan area. Washington Tribes Look to Offer Sports Wagering: The ability for tribes in Washington State to offer sports wagering is contingent upon revisions to the pre-existing tribal-state gaming compacts. However, the State appears to be supportive of the expansion of sports wagering. In February 2019, Majority Caucus Chair, Eric Pettigrew, brought forth legislation that would legalize sports wagering for tribal casinos. The bill appears to have the support of the House, with lawmakers remaining optimistic that tribal casino sports wagering will be up and running in Washington State in time for the 2019 NFL season.

18

RubinBrown Gaming Stats 2019

† see statistical note on page 25