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Georgia Gaming Market Assessment - Pennsylvania Treasury

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Slot Revenue ($MM)<br />

$1,000<br />

$900<br />

$800<br />

$700<br />

$600<br />

$500<br />

$400<br />

$300<br />

$200<br />

$100<br />

$0<br />

Dec-07<br />

Feb-08<br />

Source: PGCB, The Innovation Group<br />

Slot Revenue and Win Per Unit (Trailing 12 Months)<br />

Apr-08<br />

Jun-08<br />

Aug-08<br />

Oct-08<br />

Dec-08<br />

Feb-09<br />

Apr-09<br />

Jun-09<br />

Aug-09<br />

Oct-09<br />

Dec-09<br />

Feb-10<br />

Slot Revenue WPU<br />

Apr-10<br />

Jun-10<br />

SugarHouse<br />

Sept 10<br />

Aug-10<br />

Oct-10<br />

SugarHouse has generated $98.6 million in slot revenues YTD 2011 (through July), while Parx<br />

and Chester have seen their slot revenues decline by nearly $42 million compared to the same<br />

period in 2010. This effectively means that 42.6% of SugarHouse’s slot revenues represent<br />

cannibalization and 57.4% market growth.<br />

SugarHouse $98,564,440<br />

Decline at PARX $21,435,556<br />

Decline at Chester $20,521,310<br />

Total Cannibalized $41,956,867<br />

% Cannibalized 42.6%<br />

% Growth 57.4%<br />

Dec-10<br />

Feb-11<br />

The Innovation Group Project #054-11 August 2011 Page 37<br />

Apr-11<br />

$450<br />

$400<br />

$350<br />

$300<br />

$250<br />

$200<br />

$150<br />

$100<br />

$50<br />

$0<br />

Win Per Unit

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