Georgia Gaming Market Assessment - Pennsylvania Treasury
Georgia Gaming Market Assessment - Pennsylvania Treasury
Georgia Gaming Market Assessment - Pennsylvania Treasury
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West Virginia Slot Performance by Property<br />
Slot Revenue Slots Win per Slot<br />
Mountaineer<br />
2005 $257,353,300 3,159 $223<br />
2006 $257,832,502 3,178 $222<br />
2007 $226,025,207 3,197 $194<br />
2008 $209,273,933 3,185 $180<br />
2009 $187,482,675 2,847 $180<br />
2010 $164,926,453 2,665 $170<br />
Jan-Apr 2011 $52,526,927 2,461 $179<br />
Wheeling Island<br />
2005 $194,715,355 2,265 $236<br />
2006 $201,730,442 2,310 $239<br />
2007 $172,676,057 2,191 $216<br />
2008 $160,444,114 2,048 $215<br />
2009 $145,987,570 1,874 $213<br />
2010 $123,564,313 1,843 $184<br />
Jan-Apr 2011 $38,537,915 1,890 $171<br />
Charles Town<br />
2005 $414,124,376 4,028 $282<br />
2006 $448,022,619 4,120 $298<br />
2007 $463,367,841 4,739 $268<br />
2008 $454,010,812 5,012 $248<br />
2009 $424,334,013 4,976 $234<br />
2010 $397,124,594 4,645 $234<br />
Jan-Apr 2011 $128,854,529 4,428 $245<br />
Source: West Virginia Lottery<br />
Beginning in October 2007, Mountaineer and Wheeling installed poker table games, followed by<br />
a full spread of table games beginning in December. The host county referendum for Charles<br />
Town Races was defeated at that time, but Charles Town later installed tables in July 2010.<br />
Mountaineer had 109 tables, including 40 poker tables in 2010. Wheeling Island had 64 tables,<br />
including 20 poker tables and Charles Town had 134 tables, including 30 poker tables.<br />
Mountaineer and Wheeling have since decreased their offerings in 2011.<br />
The table games have performed well, though revenues have declined in 2009 and 2010 at<br />
Mountaineer and Wheeling. In 2010 daily win per table was $1,324 at Mountaineer, $1,135 at<br />
Wheeling Island and $1,436 at Charles Town. The performance of the poker tables has varied<br />
widely, due possibly to having an over-supply of tables, and the increasing competition from<br />
neighboring states. In 2011, each facility has seen win per poker table and win per other table<br />
increase during the first four months. The increase in these figures can largely be attributed to<br />
the fact that each facility has reduced the number of tables offered. Charles Town has been the<br />
clear leader with a win per poker table of $1,800 and a win per other table of almost $3,900.<br />
West Virginia’s table performance by property is shown below.<br />
The Innovation Group Project #054-11 August 2011 Page 66