Net gaming growth around
the U.S. for 2014 vs. 2013
YTD is basically flat through
December 2014. This had
previously been -2% or worse
for earlier 2014.
In recent months more
states are reporting monthly gains – a trend
begun in April 2014.
Nevada – While tables (baccarat) declined, slot
win increased +6%. To our JSA readers, this is
precisely why we don’t calculate NV or NJ table
win into our figures due to the extreme volatility
of table games in both drop and/or win. We feel
slot win for these two markets is most accurate.
Maryland – In a year-to-year comparison, excluding
Horseshoe Casino Baltimore which opened in
August 2014, year-to-year revenue decreased from
December 2013 by $2.4M or -3.6%.1
New Jersey – Without adjusting for four properties
that have closed since early 2014, total gaming
win declined by -13% to $179.8M. When
comparing operators open this and last year, casino
win was $179.8M in December 2014, reflecting a
7.3% increase compared to December 2013.2
JSA 2015 national forecast for overall gaming
growth:
2015 versus 2014 will be roughly even to
declining by -1% to -3%, which is a revision higher
from our -2% to -4% forecast in June 2014.
Note: JSA calculates monthly trends in adjusted
total win for all states. We use adjusted total win for
a variety of reasons but mostly to provide a consistent
basis. Many states report combined slot and
table revenue and our reporting reflects the same.
Some states separate slot and table win and where
this occurs we report the combined total. The exceptions
to the separate slot and table win are NJ and
NV, where table revenue is a large component of
total win and often generates very volatile results.
So, for a better picture of the overall market for NJ
and NV results, slot revenue is reported.
While growth was not generated for YTD 2014 vs.
YTD 2013, the rate of decline had been down by –
2% or worse in mid-2014. That said, the past six
months have shown many more states’ net growing,
which returned the 12-month YTD figures to a very
slight decline of -.5%.
For this G&L report, we use the published figure
by the agency and we do not factor out new
properties opening or properties closing. For our
clients or those in need of specialty research, we
can provide “same store” breakdowns where
available. That is to say, by excluding new outlets
or outlets that have since closed, comparisons
are on equal footing making data more directly
comparable.
We hope you find the information useful. If
you have any questions or needs in regards to this
information, do not hesitate to contact us.
1State website, http://gaming.mdlottery.com/maryland-
casinos-generate-85-6-million-in-revenue-during-
december/ Accessed 1/10/15
2NJ-DGE Dec. 201 4 Gaming Results,
http://www.nj.gov/oag/ge/docs/Financials/PressRel2014
/December2014PressRelease.pdf, Accessed 1/17/2015
Jay Sarno has 20+ years of experience in the
Hospitality and Gaming Industry. Jay consults on
casino marketing segmentation programs, software
product development and technology solutions evaluations,
selections and implementations. Jay has
implemented over 20 data warehouse systems and
currently also teaches courses in Hospitality
Management for Richard Stockton College of NJ.
Jay can be reached at JSA2002@comcast.net and
welcomes your comments and questions.