United States Gaming Industry Overview
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- Darrell Higgins
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1 United States Gaming Industry Overview U.S. gaming revenue grew 7% in 2004 to reach an all-time high of $77.6 billion. Tribal gaming showed the greatest increase, up 12% from 2003 revenues. Lotteries and commercial casino and card room revenue grew more than 6% in Charitable gaming, race and sports wagering declined from 2003 totals. Commercial casino and card room gaming led other gaming segments with a 39% share of total revenue, lotteries accounted for 28%, and tribal gaming came in at 25%. Race and sports wagering provided 6% R evenue of the total b y G revenue, am in g Acitivity and charitable gaming s share was 2%. U.S. Revenue by Gaming Activity Tribal Gam ing 25% C asino and C ard R oom Gam ing 39% R ace and S ports W agering 6% Lotteries 28% Charitable Gam ing 2% Casino City s Pocket Gaming Directory Edition
2 Canadian Gaming Industry Overview In 2004, Canadian gaming revenue grew 1.8% to reach a total of $10.3 billion. Lotteries and casino and card room gaming accounted for 89% of Canadian gaming revenue. Ontario generated more than half of the country s total gaming revenue for the Revenue year. by Gaming Activity Canadian Revenue by Gaming Activity Tribal Gaming 1% Race and Sports Wagering 3% Casino and Card Room Gaming 41% Lotteries 48% Ontario Québec Alberta British Columbia Saskatchewan Manitoba Nova Scotia New Brunswick Newfoundland and Labrador Prince Edward Island Northwest Territories Yukon Nunavut Charitable Gaming 7% 2004 Revenue in Billions CAD 2004 Revenue in Billions of Canadian Dollars $0 0 $1 1 $2 2 $3 3 $4 4 $5 5 $ 6 See order form on page 33 or visit CasinoCityPress.com to order online. 3
3 U.S. State Gaming Revenue Nevada ranked #1 in 2004 with $10.5 billion in gaming revenue. California, New Jersey and New York finished out the top four with $8.25 billion, $6 billion, and $4.2 billion, respectively Revenue by State in Billions USD Nevada California New Jersey New York Louisiana Michigan Mississippi Illinois Indiana Connecticut Florida Missouri Minnesota Arizona Texas Washington West Virginia Massachusetts Iowa Pennsylvania Wisconsin Georgia Ohio Colorado New Mexico Oklahoma Oregon Kentucky Delaware Maryland Virginia Rhode Island South Carolina Montana South Dakota North Carolina Kansas Idaho North Dakota Tennessee Nebraska New Hampshire District of Columbia Maine Alaska Alabama Arkansas Vermont Wyoming 2004 Revenue by State in Billions of US Dollars $0 0 $2 2 $4 4 $6 6 $8 8 $10 10 $ Casino City s Pocket Gaming Directory Edition
4 U.S. State Gaming Revenue Growth In 2004, 17 U.S. states had higher gaming revenue growth rates than Nevada. At the top of the list was Wyoming with 66% growth. At the bottom was North Carolina with a decline of 16%. Wyoming Oklahoma Vermont Idaho Arizona South Carolina Alabama West Virginia Arkansas New Mexico California Iowa Florida Virginia Rhode Island Texas Washington Nevada New York Missouri Montana Nebraska Michigan New Jersey Indiana Delaware South Dakota Kentucky Kansas District of Connecticut Colorado Maryland Wisconsin Pennsylvania Louisiana North Dakota New Mexico New Minnesota Mississippi Ohio Oregon Alaska Tennessee Maine Illinois Massachusetts Georgia North Carolina 2004 Revenue Change by State 2004 Revenue Change by State -30% -20% -10% 0% 10% 20% 30% 40% 50% 60% 70% See order form on page 33 or visit CasinoCityPress.com to order online. 5
5 U.S. State Gaming Revenue per Capita In 2004, gaming revenue in Nevada reached $4,500 per resident on average, or 12% of the state s GDP. Mississippi came in a clear second with $1,078 per capita, followed by Delaware with $886. With its large population, California only placed 23rd with $230 in gaming revenue per resident despite ranking second in overall gaming revenue. Nevada Mississippi Delaware West Virginia Connecticut Louisiana New Jersey New Mexico South Dakota Iowa Rhode Island Indiana Montana Minnesota Michigan Missouri Arizona North Dakota Washington Oklahoma Oregon Wisconsin California Illinois New York Colorado District of Columbia Massachusetts Kentucky Florida Alaska Idaho Maryland Kansas Georgia South Carolina Pennsylvania New Hampshire Virginia Ohio Vermont Maine Nebraska Texas North Carolina Tennessee Arkansas Alabama Wyoming Revenue per Capita in USD Revenue per Capita in US Dollars $0 0 $1, $2, $3, $4, $5, Casino City s Pocket Gaming Directory Edition
6 State of Nevada Overview Nevada gaming revenue, after adjusting for inflation, dropped slightly each year from 2000 to 2003 and then grew 8.6%, or 5.7% after adjusting for inflation, between 2003 and The state of Nevada contains 2,524 gaming properties, 208,220 slot machines, 6,193 table games, 784 poker tables, and 750 electronic bingo machines. Nevada Annual Nevada Inflation-Adjusted Annual Inflation-Adjusted Casino and Card Room Gaming Gaming Revenue Revenue Revenue in Millions 2004 USD 12,500 11,500 10,500 9,500 8,500 7, Inflation Adjusted Revenue in Millions of US Dollars Casinos/Card $10, $9, $9, $10, Rooms Excerpted from Casino City s Nevada Gaming Almanac. See page 13 for more details. See order form on page 33 or visit CasinoCityPress.com to order online. 7
7 World Gaming Industry Overview More than 150 countries around the world participate in some form of legalized gambling from casino and card room gaming, lotteries and charitable gaming to online gaming and race and sports wagering. Our research shows that more than 100 countries around the world participate in legalized casino and card room gambling. Lotteries are just as widespread with more than 100 countries offering some kind of lottery product. Online gaming is licensed in 37 jurisdictions around the world. Horse and dog tracks have felt increasing financial pressure from the proliferation of casinos and lotteries over the past decade. Recent strategies to improve performance include a global circuit of premier races and the addition of slots and table games to existing facilities. More than 60 nations participate in the race betting industry. Table Games By Country (Including Poker) Cruise Ships 1,132 2% Oceania 1,394 3% Africa 1,427 3% Asia & Middle East 3,855 8% Caribbean 1,482 3% Central & South America 2,340 5% North America 25,172 52% Europe 11,832 24% Excerpted from Casino City s Global Gaming Almanac. See page 14 for more details. 8 Casino City s Pocket Gaming Directory Edition
8 More Key Findings More key findings are available in a variety of insightful gaming business publications newly released from Casino City Press. Casino City s North American Gaming Almanac provides more than 500 pages of research and analysis on the North American gaming industry with nearly 1,000 revenue charts and tables by gaming activity plus detailed profiles for each property and property owner for every state and province with legalized gaming in the United States and Canada. See page 10 for more details. Casino City s Indian Gaming Industry Report covers the U.S. Indian gaming industry with up-to-date revenue data by state, Indian gaming market summaries and trends, and economic impact analysis. See page 11 for more details. Casino City s Global Gaming Almanac covers every world gaming jurisdiction with market summaries, statistics and profiles of properties, owners and regulators. See page 14 for more details. Casino City s Nevada Gaming Almanac provides detailed coverage of the Nevada gaming market with financials, property profiles, owner profiles, industry suppliers, and executive contacts. See page 13 for more details. See order form on page 33 or visit CasinoCityPress.com to order online. 9
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