RubinBrown Gaming Stats 2019

TRIBAL GAMING SACRAMENTO REGION †

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

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

NO. CASINO OPERATIONS

74

71

70

68

66

64

63

62

62

59

GAMING REVENUES

0 OPS

$7.36B

$6.97B

$6.79B

$6.90B

$6.96B

$6.99B

$7.30B

$7.88B

$8.38B

$9.00B

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.

26.9% TRIBAL GAMING REVENUES

GAMING REVENUE $9.00B

GAMING REV $3.04

THREE-YEAR COMPOUND ANNUAL GROWTH RATE 7.2% FIVE-YEAR COMPOUND ANNUAL GROWTH RATE 5.3%

$65.07M VERAGE REVENUE PER CASINO

$121.57M AVERAGE REVENUE PER CASINO

74

CASINO OPERATIONS

7.3%

11.8% OF ALL 2017 GAMING REVENUES

In 2017, the Sacramento region generated $9.0 billion in gaming revenues, growing at a rate of 7.3%. The growth rate of 7.3% made the Sacramento region the fastest growing tribal gaming region in 2017. The region’s growth in gaming revenues is attributed to both organic growth, as the average casino saw their gaming revenues increase by 1.5%, and new casino expansion, as the region’s number of casinos increased to 74 casinos in 2017. Soboba Joins the List of California Tribes Offering Resort Style Casinos: In February 2019, the Soboba Band of Luiseno Indians opened a new casino resort, providing a significant upgrade to their prior casino which was a decades old tent casino with a snack bar. The new facility offers 7 restaurant options, a full service 200 room hotel, swimming pool, convention center and adjoining golf course. The resort is just one example of how California tribes are reinvesting in their gaming facilities to drive additional revenue growth. Sports Wagering Unlikely for California Tribes: In California, tribal nations will need to renegotiate the terms of their tribal-state gaming compacts before offering sports wagering. However, competing interest will likely undermine any prospects for a successful renegotiation. The State’s tribal casinos, horse tracks, card clubs and the lottery have all expressed interest in offering sports wagering; however, each segment has conflicting views and priorities on how sports wagering should be legalized. Adding additional complications to the prospect of legalized sports wagering is the fact that the tribal gaming industry is contesting the legality of the card clubs, which has created greater discord between the respective gaming segments.

Tribal Gaming

19

† see statistical note on page 25