Georgia Gaming Market Assessment - Pennsylvania Treasury

Statewide Machine Development: 2003 Report vs. 2010 Actuals
Name/Location # of Machines
2003 Report Current 2003 Report 2010 Avg Difference
Philadelphia Park PARX 3,000 3,385 385
Chester Chester 2,500 2,912 412
Philadelphia (2) SugarHouse 6,000 1,601 -4,399
Philadelphia Area Subtotal
11,500 7,898 -3,602
Penn National Penn National 2,500 2,433 -67
Pocono Downs Mohegan @ Pocono 1,500 2,350 850
Long Pond Mt Airy 1,500 2,415 915
Allentown BethSands 3,000 3,099 99
Eastern Region Subtotal
20,000 18,195 -1,805
Meadows The Meadows 2,000 3,549 1,549
Pittsburgh The Rivers 4,000 2,920 -1,080
Presque Isle Presque Isle 1,500 1,998 498
Western Region Subtotal
7,500 8,467 967
Total
27,500 26,662 -838
Source: Pennsylvania Gaming Control Board; Innovation Group
The number of machines in place in 2010 is 838 less than the 27,500 projected in the 2003 report
(excluding Shrewsbury). The largest discrepancy is in Philadelphia, which has only 1,600
machines in one facility compared to the projected 6,000 machines in two casinos. However, the
suburban casinos, PARX and Chester, combined have approximately 800 more machines than
projected, meaning that the Philadelphia area has approximately 3,600 fewer machines than
projected. Development in the Poconos has exceeded projections, with Mt. Airy and Mohegan at
Pocono Downs combined having 1,765 more machines than projected. However, as discussed
previously, Mt. Airy has the lowest WPU and MSR in the commonwealth and could be
considered overbuilt. BethSands and Penn National both have developed very close to
projections. In the West, the downtown casino is 1,080 machines smaller than projected while
the Meadows is over 1,500 machines larger.
The Innovation Group Project #054-11 August 2011 Page 47