Georgia Gaming Market Assessment - Pennsylvania Treasury

Western Region
Presque Isle was the first to open in the region, February 2007, followed by the Meadows
(temporary) in June 2007. The Rivers opened in August 2009, shortly after the Meadows opened
its permanent facility in late April 2009. From June 2008 through August 2009, revenue and
supply were relatively stable, but the large supply increase has led to a steeper revenue growth
trend but a declining WPU trend.
Slot Revenue
$1,000
$900
$800
$700
$600
$500
$400
$300
$200
$100
$0
Source: PGCB, The Innovation Group
Slot Revenue and Win Per Unit (Trailing 12 Months)
Feb-08
Apr-08
Jun-08
Aug-08
Oct-08
Dec-08
Feb-09
Apr-09
Jun-09
Rivers
Aug 09
WPU experienced positive growth from April 2008 through June 2009. During this period, only
Presque Isle and The Meadows were operating in the market. This would indicate there was a
limited saturation. The WPU started to decline after June 2009 as both The Meadows increased
supply with its permanent facility and The Rivers opened. The declining WPU would start to
indicate that the sub-market has started to reach a saturation point. The uptick in WPU growth
seen from November 2010 through the current period is evident that the Rivers is continuing its
ramp-up period and that the market has some small room for growth in supply.
The Innovation Group Project #054-11 August 2011 Page 41
Aug-09
Oct-09
Dec-09
Feb-10
Slot Revenue WPU
Apr-10
Tables
Jul 10
Jun-10
Aug-10
Oct-10
Dec-10
Feb-11
Apr-11
$450
$400
$350
$300
$250
$200
$150
$100
$50
$0
Win Per Unit