Wednesday, July 21, 2010


Below is the latest on slots revenues at the 2 local casinos... still no info I see on the revenues coming in from table games.  But table games or not, slots revenues at Meadows are over that at Rivers $68,444,225 to $63,868,101 respectively in the latest week.

But at Rivers, the opening of table games intersected with the July 4th weekend so it was unclear what data from the previous week, June 22-July 4, said about the future.  Now we have a full week of data and the total slots wagers the week of July 12-18 of  $63,868,101 is nearly identical to the total slots wagers of $63,642,038 week of June 28-July 4, which was the last full week without slots. Time will tell if that means anything.

Something interesting to watch as well.  Here is the time series of total slots wagers for the two casinos combined.  I think the description to go with it can be summarized as a plateau. Pretty amazingly so if you look at the narrow band the combined wagers have been stuck in since the end of winter.  But table games will change everything right?


Anonymous BrianTH said...

If you believe, as the casino industry insists, that slots and table games draw from different markets, then the plateauing of total slots revenues doesn't really undermine the idea that table games revenues will increase total revenues.

But then again, they also insist that table games should increase slots revenues (on the theory that people coming to play table games will bring along people who will play slots). This wasn't a good week for that theory, but obviously there is enough weekly noise to make that not necessarily telling (and I renew my call for someone to do the work of putting together something like a 4-week trailing average chart).

Wednesday, July 21, 2010 9:27:00 AM  
Anonymous MH said...

I went to the casino today for the first time. I lost $2 in the slot machines and made $75 on blackjack. It isn't half bad in there and it does not lead to a general despair at the human condition the way Atlantic City does. Anyway, the tables were 2/3rds full at 11:30 a.m. and the slot machines had less than one person per bank.

Saturday, July 24, 2010 3:41:00 PM  

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