Georgia Gaming Market Assessment - Pennsylvania Treasury

Pittsburgh Market
The Pittsburgh Market includes the Meadows and The Rivers casinos. The market was
represented solely by the Meadows until August 2009. This submarket generated below $300
million until August 2009. From there, the market has experienced strong revenue growth
attributable to the increase in machines and opening of permanent and new facilities. As the
Rivers has continued its ramp up, it has grown both its market share and its relative share of total
market growth. The increase positive slope of the trailing 12 month revenue growth seen from
January 2011 through April 2011 is attributable to the Rivers continued ramp up and absorption
into the market.
Slot Revenue ($MM)
$800
$700
$600
$500
$400
$300
$200
$100
$0
Jun-08
Aug-08
Source: PGCB, The Innovation Group
Slot Revenue and Win Per Unit (Trailing 12 Months)
Oct-08
Dec-08
Feb-09
Apr-09
Jun-09
Rivers
Aug 09
Aug-09
The Innovation Group Project #054-11 August 2011 Page 43
Oct-09
Dec-09
Feb-10
Apr-10
Slot Revenue WPU
Jun-10
Tables
Jul 10
Aug-10
Oct-10
Dec-10
Feb-11
Apr-11
$450
$400
$350
$300
$250
$200
$150
$100
$50
$0
WPU