RubinBrown Gaming Stats 2019

TRIBAL GAMING TULSA REGION †

57

$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

69

$2.03B 68

66

65

65

65

64

64

64

62

GAMING REVENUES

0 OPS

$1.70B

$1.72B

$1.77B

$1.89B

$2.01B

$2.01B

$2.14B

$2.26B

$2.31B

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.

7.2% TRIBAL GAMING REVENUES

GAMING REVENUE $2.31B

GAMING REV $7.33

THREE-YEAR COMPOUND ANNUAL GROWTH RATE 4.8% FIVE-YEAR COMPOUND ANNUAL GROWTH RATE 2.8%

$33.21M VERAGE REVENUE PER CASINO

$33.50M AVERAGE REVENUE PER CASINO

69

CASINO OPERATIONS

2.1%

3.0% OF ALL 2017 GAMING REVENUES

In 2017, the Tulsa region generated $2.3 billion in gaming revenues, growing at a rate of 2.1%. The Tulsa region represents 64 casinos in Eastern Oklahoma and five casinos in Northeastern Kansas. The 2017 gaming revenue growth matched the 2017 U.S. inflation rate (2.1%); however, the average revenue per casino declined by 2.4% as a result of increased competition within the region. Tulsa Casinos Expand Amenities to Retain Market Share: With the Tulsa market being highly competitive and revenues remaining in-line with inflationary increases, tribal nations are looking to expand and enhance their amenities to retain market share. Within the Tulsa metropolitan area, the Osage Nation completed a $160 million casino expansion project in August 2018. The expansion added a 141 room hotel, brewery, pool, entertainment area and expanded gaming floor. This was simply the latest addition to the Tulsa metropolitan area, as the Creek Nation completed a $365 million project in 2017 at the River Spirit Casino. Prairie Band Casino Retains Market Share Through a $55 Million Upgrade: Since December 15, 2009, the Prairie Band Casino and Resort has seen an increase in competition from the opening of four state-sponsored commercial casinos. Since the emergence of state gaming, the Prairie Band Casino has been able to hold its own amidst the increased competition. After 20 years of operations, the casino began to undergo a three-year, $55 million renovation which is aimed at ensuring the casino continues to be a leading regional resort and entertainment destination for decades to come. The renovations include a refresh of the casino interior, adding a spa, additional dining amenities and expanding the hotel by 75 rooms.

Tribal Gaming

23

† see statistical note on page 25