National Gaming Results, Update
Net gaming growth around U.S. for 2014 vs 2013 YTD is basically flat thru December 2014. However, in later 2014 we started to see some signs of improvement, largely due to a bit better employment factor and a bigger driver – gas prices declining to the $2.00/gallon level. For Q1 2015 versus Q1 2014, we see most areas of the country improving with slower declines in areas that had been previously declining faster. Please remember, too, that some of the advancing states (AR, FL, MD, OH, LA) all added more facilities in 2014.
The improvement in later 2014 is shown in our chart viewing the number of states reporting growth versus declines and this continues into 2015.
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.
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.