How Much Did Each Gaming Table in Atlantic City Win During October?

The Short Take:

  • Borgata had the highest monthly win per gaming table in October, coming in at over $86,000 per table
  • After only being in business for a few months, Hard Rock had the second highest win per gaming table in October, winning over $53,000 per table
  • Many casinos saw steep decreases in their win per gaming table in October including Harrah’s, Caesars, Bally’s and Golden Nugget

As we discussed in an earlier article, the Atlantic City casinos’ wins from table games increased 16% in October on a year-over-year basis.  Overall, the nine casinos won $56.3 million at their gaming tables during the month.

Another way to look at the table games wins is to look at how much each casino won per gaming table during the month.  To do this we take two numbers that are reported to the state of New Jersey by each casino: the total table games wins for the month and the number of tables in each casino.

Here’s a look at that data:

When we divide the total table games wins by the number of gaming tables at each casino, we see that Borgata (MGM) has, by far, the highest win per gaming table during October.  In fact, its $86,700 of wins per table was over $30,000 more than its next closest competitor.  That competitor happens to be one of the new casinos in town – the Hard Rock.  After just a few months in operation, Hard Rock generated over $53,000 in wins per gaming table during October.

The chart below shows the win per table in October 2018 on the left side versus the win per table a year earlier, October 2017, on the right side:

 

As you can see, many casinos saw their win per gaming table tumble from 2017 to 2018.  This is most likely due to the two new casino openings. Three notable casinos to take a look at are Harrah’s, Bally’s and Caesars.  All three of these casinos are owned by Caesars Entertainment (CZR) and all three saw dramatic declines in their monthly wins per table.  Golden Nugget also saw significant year-over-year decreases.

On the bright side, several casinos did see year-over-year increases in wins per gaming table. Borgata had both the highest win on an absolute basis, but it also increased that win by more than $11,000 per table from October 2017 to October 2018.

Tropicana (ERI) saw significant increases in its wins per table, rising $17,000 per table YoY.  It should be noted that the October 2017 table game wins for the Trop are probably skewed by a run of bad luck since they are significantly lower than usual.  One other casino that saw YoY increase in wins per table was Resorts which is at the lower end of the spectrum and saw its wins per table increase by almost $3,000 per table.

We are really starting to see the effects that the two new casinos are having on some of the legacy casinos.  Some, like Borgata and Tropicana, are holding their own while others like Harrah’s and Caesars are suffering.  All of the casinos will need to be creative to win back and keep their customers from the shiny new casinos on the Boardwalk.

Battle of the Atlantic City Newcomers: Hard Rock vs Ocean Resort

The Short Take:

  • After over five months in operation, Hard Rock is becoming an Atlantic City casino leader while Ocean Resort lags
  • Hard Rock won $23.2 million in its casino in October, compared to $13.1 million for Ocean Resort
  • Wins from slot machines totaled $15.1 million at Hard Rock versus $8.2 million at Ocean Resort
  • Wins from table games at Hard Rock in October totaled $8.1 million while Ocean Resort had only $4.7 million in table game wins

Since Hard Rock and Ocean Resort have been open on the Atlantic City Boardwalk for about five months now, we decided to take a look at some key casino stats to see how these two newcomers are doing.  We’ll use the October 2018 data that was just released last week for this comparison.

Total Casino Win

The overall casino win is a good indicator of the level of business in a casino.  It is the total amount that the casino won for the month from all of the table games and slots in the casino.  By this measure, Hard Rock is, by far, doing better than Ocean Resort.  The Hard Rock’s total casino win for October was $23.2 million, compared to $13.1 million for Ocean Resort.

Hard Rock, after less than six months in operation, controlled 11.6% of the total casino wins city-wide.  In fact, only Borgata (25.3%), Tropicana (12.5%) and Harrah’s (11.9%) took larger portions of the casino wins during October.  Ocean Resort, on the other hand, had a 6.5% casino win market share. This placed the Ocean Resort dead last in Atlantic City, just behind the much smaller Resorts.

Slot Win

Casinos typically get the majority of their total wins from slot machines, and Hard Rock and Ocean Resort are no different.  During the month, Hard Rock won $15.1 million from slots, almost twice that of Ocean Resort’s $8.2 million.

The Hard Rock’s October slot win equates to 10.6% of the total slot wins in Atlantic City.  Once again, Hard Rock is fourth in slot wins in the city behind Borgata (23.7%), Tropicana (14.0%) and Harrah’s (12.9%).  Ocean Resort’s 5.8% slot market share places it last among the AC casinos, about 1% lower than Bally’s.

Table Games Win

Hard Rock dominated Ocean Resort at the gaming tables.  Hard Rock’s $8.1 million in table games wins converts to a 14.4% city-wide market share.  Only two other casinos in town had a higher table games win market share: Borgata (28.2%) and Caesars (10.8%).

Ocean Resort can finally claim a casino category that it was not last in Atlantic City.  It’s $4.7 million in table games wins gave it a 8.4% market share in October.  This beat out two casinos which had lower market share, but which are also much smaller casinos: Golden Nugget (6.5%) and Resorts (5.1%).

Here’s a look at the casino win statistics for Hard Rock and Ocean Resort for October:

 

Additional Statistics

We’ve gathered some additional statistics about the Hard Rock and Ocean Resort casinos that you may find interesting.  All data is as of October month-end:

Casino Square Footage:

Hard Rock: 119.901 square feet

Ocean Resort: 131,083 square feet

Number of Slot Machines

Hard Rock: 2,065

Ocean Resort: 1,937

Win Per Slot Machine for Month:

Hard Rock: $7,333

Ocean Resort: $4,243

Number of Table Games

Hard Rock: 152

Ocean Resort: 107

Win Per Table Game for Month:

Hard Rock: $53,300

Ocean Resort: $44,026

Number of Poker Tables:

Hard Rock: 0

Ocean Resort: 8

Win (Rake) Per Poker Table for Month:

Hard Rock: n/a

Ocean Resort: $19,381

Caesars Entertainment Has an Atlantic City Problem

The Short Take:

  • Caesars Entertainment’s three Atlantic City casinos have seen their casino wins decline month after month
  • In October 2018, the year-over-year decline in total casino revenues totaled more than $14.5 million
  • All three casinos – Harrah’s, Caesars and Bally’s – saw year-over-year declines in total casino wins, slot wins and table games wins in October

Caesars Entertainment (CZR) has a problem.  Specifically, an Atlantic City problem.  Casino wins at all three of its AC casinos have been in a serious downtrend, and the arrival of Hard Rock and Ocean Resort is compounding the damage.

In each of the past five months, or about as long as the two new Boardwalk casinos have been in operation, the three Caesars Entertainment properties in Atlantic City have had year-over-year declines in their total casino wins, with the exception of Caesars in August which showed a 0.83% YoY growth.  This is very troubling since the competition is just going to get fiercer as Hard Rock grabs market share and the other casinos in town pull out all of the stops to keep their customers.

The October casino data is a great example of what is happening to the CZR casinos in Atlantic City.  All three casinos had negative YoY growth for total casino wins, slot wins and table game wins.

Total Casino Wins

The “best” CZR casino in AC in terms of year-over-year total casino wins in October was Bally’s which saw its total wins decline 14.66%.  The $14.4 million in total wins in October was $2.4 million less than October 2017.

Caesars and Harrah’s had even more drastic decreases in total casino wins.  Caesars’ $20.2 million in wins in October was 21.45% less than a year earlier when the wins totaled $25.7 million.  Harrah’s total wins slid even more, falling 21.65% to $23.8 million from $30.4 million a year earlier.  This was a year-over-year decline of $6.6 million.

Here’s a look at the total casino wins for each of the three Caesars casinos in Atlantic City for October 2018 and October 2017:

 

Slot Wins

The three casinos did not fare any better with wins from their slot machines.  Harrah’s was the worst performing of the three in terms of the annual decline in slot wins.  Harrah’s $18.3 million in wins in October was $4 million less than a year earlier.  This was a YoY decline of 17.76%

Caesars saw a similar decline in slot wins.  Its 15.02% YoY decrease put its October slot wins at $14.1 million.  This is $2.5 million less than the $16.6 million Caesars won at its machines in October 2017.

Bally’s had a somewhat smaller YoY decline in slot wins.  Its total slot machine wins of $9.5 million was 9.1% less than a year earlier.

Here’s an overview of the three CZR casinos’ slot wins for October 2018 versus October 2017:

 

Table Games Wins

If the decline in slot wins at the CZR Atlantic City casinos were bad, the table games wins were horrendous!  Leading the pack was Caesars which saw its table games wins in October plummet 33.19% versus the same month last year.  That is a decline of $3 million, falling from $9.1 million last October to $6.1 million in October 2018.

Harrah’s table games wins declined just slightly less, falling 32.18% YoY.  This October’s $5.3 million in table games wins was $2.5 million less than last year’s $7.8 million.  Bally’s, meanwhile, saw its table games wins come in at $4.6 million, representing a 23.98% drop from a year earlier.

Here are the October 2018 table games wins versus the 2017 wins for the three CZR casinos:

 

In total, the three Caesars Entertainment casinos in Atlantic City saw an October year-over-year decrease of total casino wins totaling more than $14.5 million.  Will management be able to turn this ship around or will all of the new competition in Atlantic City cause the hemorrhaging to continue?  We’ll be keeping an eye on this for you, so check back with Ante Research soon!

Borgata is the Leader in Wins Per Slot Machine in Atlantic City, but Hard Rock is Making Waves

The Short Take:

  • Borgata had the highest monthly win per slot machine in Atlantic City, with $11,965 won from every machine on average in October
  • All legacy casinos saw a YoY decline in their slot win per machine in October
  • After just a few month of operations, Hard Rock is gaining serious slot market share in Atlantic City. In October it controlled over 10% of the slot wins in the city, with over $7,300 won per machine

In earlier articles we touched on the fact that the Atlantic City gaming market saw an 8% overall increase in casino wins in October 2018 versus October 2017 .  Further, the casinos’ wins just from slot machines jumped 5.3% YoY in October to over $142.5 million.

As you walk into a casino the first thing you see is row after row of slot machines.  So we wondered, if AC casinos made over $142 million in slot wins in October, how much did they win per machine?  We’ve put together those numbers for you and the results on a casino by casino basis may be surprising.

First, an explanation on how we came up with the per slot machine win per casino.  Atlantic City casinos are required to submit a monthly report to the state of New Jersey.  Two figures they must report are the total slot wins for the month and the number of slot machines in the casino.  To calculate the win per slot machine we just divide the total slot wins by the number of slot machines.  Here is the raw data used in the calculation for October 2018:

The table below shows the win per slot machine for October 2018 on the left.  For comparison, we provide the same information from a year ago, October 2017.

 

The clear winner is Borgata, with almost $12,000 in monthly wins per slot machine.  On the downside, Borgata’s October 2018 win per machine decreased by over $1,200 per machine compared to October 2017.  In fact, every casino that was open in October 2017 saw a year-over-year decrease in the monthly wins per slot machine.

The most likely reason for this slot win decline for the legacy Atlantic City casinos?  The recent openings of Hard Rock and Ocean Resort. Hard Rock won over $15 million from its slot machines, or over $7,300 per machine.  After just a few months of opening the doors, Hard Rock controls over 10% of the Atlantic City slot market!

The other newcomer on the Boardwalk, Ocean Resort, is not as large of a threat for the legacy casinos, but it is still another competitor to deal with.  In October, Ocean Resort won $8.2 million from its slots, or 5.8% of the AC market.  By the way, Ocean Resort had the lowest slot win per machine for the month, coming in at just over $4,200 per machine.

When standing in the middle of a casino you can feel like you’re surrounded by slot machines with hundreds or thousands surrounding you.  It’s truly amazing the amount of profit each and every machine makes for the casino!

Atlantic City Casinos Win 16% More YoY at Table Games in October but Many Legacy Casinos Take a Hit

The Short Take:

  • City-wide table game wins at the nine Atlantic City casinos increased 16% in October with $56.3 million in table wins
  • Of the legacy casinos, only Borgata and Tropicana saw year-over-year table games wins increase
  • The new casinos, Hard Rock and Ocean Resort, won a combined $12.8 million from table games
  • All three casinos owned by Caesars Entertainment saw dramatic decreases in table games wins

In October, Atlantic City casinos saw their total casino win increase by 8.0% and their total win at slot machines increase by 5.3%.  So how did the casinos do at their table games?

It turns out pretty well! Total table games wins at the nine Atlantic City casinos came in at over $56.3 million for the month of October. This is a 16.0% year-over-year (YoY) increase compared to October 2017.

In terms of total table games wins, Borgata was the big winner, as usual.  During the month Borgata won $15.9 million from its tables. This is a YoY increase of 12.6%. Borgata’s win at the tables was nearly twice that of its next closest competitor – the newly opened Hard Rock. That’s right, just several months after opening, the Hard Rock is rising to the top of the Atlantic City casino pecking order.

Here’s a look at the October 2018 table games wins compared to the October 2017 wins:

 

While Borgata had the highest wins from table games, the Tropicana was the casino with the largest year-over-year growth.  The Trop’s $5.1 million in wins placed it fifth in terms of total table wins, but it represents a 57.4% increase from October 2017.  You should take this huge growth rate with a grain of salt though.  The Trop’s very low table games win in October 2017 was a rare anomaly, probably due to bad luck with a whale or two.

While table games wins in the Atlantic City market increased year-over-year by 16.0%, Tropicana and Borgata were the only two casinos that had positive YoY growth.  As we mentioned, Hard Rock skyrocketed to the number two winner with $8.1 million in table games wins, and the other new casino in town, Ocean Resort, pulled in $4.7 million from its tables in October. All of the other casinos in town suffered as a result.

All three properties owned by Caesars Entertainment (CZR) saw significant decreases in their table games wins.  The least bad CZR property in terms of YoY declines was Bally’s which saw an annual decline of 24%. Harrah’s win dropped an amazing 32.2% while Caesar’s fell 33.2%. These are not good numbers at all, but they are also in line with what we saw on the annual slot wins for these CZR casinos.

CZR properties were not the only casinos in town that suffered.  Resort’s table games wins fell 4.2% year-over-year.  Even worse, Golden Nugget saw a huge annual decline of 30.2%.

Here’s a look at the October 2018 year-over-year changes in table games wins for the legacy Atlantic City casinos:

 

While it is encouraging that the overall Atlantic City gambling market is expanding in terms of casino wins, resorts and jobs, the steep declines at some of the legacy casinos we’ve seen after the openings of Hard Rock and Ocean Resort are alarming.  Are gamblers just checking out the new kids in town and then will go back to their old casino of choice, or are the two new casinos, especially Hard Rock, stealing these customers for good?  Time will tell and we here at Ante Research will bring you updates every month!

Internet Gambling in New Jersey Up 30%; Golden Nugget Leads the Way

The Short Take:

  • Total internet wins for the seven Atlantic City casinos that offer internet gambling in New Jersey totaled $26.75 million during October, a 30.1% year-over-year increase
  • The leader in internet gambling in New Jersey is the Golden Nugget.  Its $9.7 million in wins during the month was a 57.6% annual growth rate
  • Two relative newcomers to internet gambling in New Jersey are Hard Rock, which had $1.0 million in wins, and Ocean Resort with $600 thousand in wins

In October, the seven Atlantic City casinos that offer internet gambling within the state of New Jersey won over $26.75 million.  This was up 30.1% over the total wins in October 2017.

Leading the way was the Golden Nugget.  During the month, the Nugget won $9.7 million from its internet gambling websites (see the end of this article for a list of the websites that the AC casinos operate). This was a huge 57.6% year-over-year increase over the same month last year.

 

Borgata had the second highest internet gaming win in New Jersey, but it was well less than half of the Golden Nugget’s.  During October Borgata won $4.4 million.  Borgata’s win grew a less substantial, but still very respectable, 4.4%.

The three remaining casinos that have been in operation for at least a year won in the upper $3 million range.  Caesars’ $3.9 million in internet wins was a very healthy 18.0% YoY gain.  Tropicana’s 7.0% annual gain translates into $3.7 million in internet wins in October.  Finally, Resorts secured $3.5 million in wins through its gaming websites, a YoY growth rate just positive, at 0.3%.

 

Hard Rock and Ocean Resort were not open in October 2017, so we do not have year-over-year growth numbers, but we do have October’s wins for each.  These casinos’ websites brought in the two lowest wins during the month, but they were still decent showings for newcomers.  Hard Rock won $1.0 million and Ocean Resort won $600 thousand during the month.  Without a doubt, these figures will increase in the coming months as their gambling websites gain traction.

Internet gambling in New Jersey is growing stronger!  The Atlantic City casinos that offer online gambling to people in New Jersey are reaping the benefits.

Here is a list of the websites that each of the seven AC casinos operated as of the end of October 2018:

Borgata

www.BorgataCasino.com

www.BorgataPoker.com

www.NJ.PartyPoker.com

www.PalaCasino.com

www.playMGMcasino.com

www.playMGMpoker.com

 

Caesars

www.CaesarsCasino.com

www.HarrahsCasino.com

www.WSOP.com

www.888.com

 

Golden Nugget

www.goldennuggetcasino.com

www.betfaircasino.com

www.playsugarhouse.com

 

Hard Rock

www.HardRockCasino.com

 

Ocean Resort

www.OceanOnlineCasino.com

 

Resorts

www.ResortsCasino.com

www.MoheganSunCasino.com

www.PokerStarsNJ.com

 

Tropicana

www.TropicanaCasino.com

www.VirginCasino.com

Atlantic City Casinos See 5.3% Increase in Slot Wins in October, But Most Casinos Down

The Short Take:

  • Atlantic City’s city-wide slot wins increased by 5.3% in October
  • Every legacy casino saw year-over-year decreases in slot wins in October due in large part to the arrival of Hard Rock and Ocean Resort on the scene
  • Borgata, as usual, had the highest slot wins with $33.8 million.  Ocean Resort had the lowest with $8.2 million in slot wins
  • On a year-over-year growth basis, Harrah’s performed the worst, with its slot wins sliding 17.8% YoY

While the city-wide total casino slot wins increased by 5.3% in October 2018 versus October 2017, the majority of casinos are not seeing this as good news.

The introduction of Hard Rock and Ocean Resort caused the slot wins at all of the other legacy casinos to drop dramatically.  In fact, every single legacy casino saw their slot wins decrease.  This decrease in slot wins for the legacy casinos is very similar to their drop total casino wins that we discussed in an earlier article.

 

Among the legacy casinos, Golden Nugget fared the best, but the Marina casino still saw its October slot wins decrease by 1.5% compared to October 2017.  Tropicana, Resorts and Bally’s had moderate YoY declines in their slot wins, ranging from the mid to high single digits.  The real losers were Caesars (down 15.0%), the seminal AC leader Borgata (down 15.5%) and Harrah’s (down 17.8%).

While Borgata’s slot wins were down 15.5% year-over-year, it is still the leader in Atlantic City.  Its October slot wins of $33.8 million were almost $14 million more than the second place Tropicana which won $19.9 million from its slots.

The chart below shows the October 2018 slot wins for each Atlantic City casino on the left compared to the October 2017 wins on the right.

 

The new guys in town had mixed results.  Hard Rock was ranked fourth in total slot wins in October.  Its $15.1 million placed it between Harrah’s $18.3 million and Caesars’ $14.1 million.  Ocean Resort, on the other hand, came in last in slot wins.  Its $8.2 million was more than a million less than Bally’s $9.5 million in slot wins.

As we can see, the expansion of gambling in Atlantic City, especially the opening of the Hard Rock, is taking its toll on the legacy casinos.  Even though the broad market is increasing, with city-wide slot wins up over 5% YoY, that increase is being absorbed, and then some, by the Boardwalk’s two new casinos.

Atlantic City Total Casino Wins Grows 8%; Legacy Casinos’ Wins Drop

The Short Take:

  • October total casino wins city-wide increased 8.0% year-over-year in Atlantic City, coming in at over $200.6 million
  • The two newcomers in town, Hard Rock and Ocean Resort, had combined casino wins of $36.3 million in October
  • All of the legacy casinos saw their casino wins YoY growth rates in negative territory with the exception of Tropicana
  • Ocean Resort had the lowest casino win in Atlantic City while Harrah’s had the largest decline on a year-over-year basis

October 2018 saw an 8.0% increase in total casino wins at Atlantic City casinos, versus the wins in October 2017.  But for the legacy casinos, the openings of Hard Rock and Ocean Resort spelled trouble.

Casino wins for all Atlantic City casinos surpassed $200.6 million for October 2018.  Compared to October 2017’s $185.8 million, AC saw its casino wins increase by 8.0%.  The newcomers on the scene, Hard Rock and Ocean Resort, had a combined $36.3 million in wins for the month.  These wins definitely came at the expense of the legacy casinos in town.

In fact, all but one legacy casino had significant year-over-year decreases in casino wins. The only casino to show positive YoY wins was Tropicana.  The Trop’s monthly wins increased by just 2.1% compared to October 2017.  Resorts, Borgata and the Golden Nugget had YoY casino wins drop in the high single digits.

The three worst performing Atlantic City casinos based on year-over-year declines in casino wins were the three properties owned by Caesars Entertainment (CZR).  Bally’s saw a decrease of 14.7% while Caesars’ casino wins dropped 21.4% YoY.  Harrah’s was the worst performer in town.  Its casino wins fell 21.7% in October 2018 compared to October 2017.

Here’s a look at the year-over-year growth rates at all of the legacy casinos.  Hard Rock and Ocean Resort are not in this chart because they were not in business in October 2017.

 

The chart below shows the clear downward spiral of casino wins for each legacy Atlantic City casino since Hard Rock and Ocean Resort entered the scene.  The left side of the chart shows the total casino wins for each casino in October 2018 while the right side shows the same for October 2017, one year earlier.

 

Borgata is still, by far, the clear leader in the city.  Its $50.7 million in casino wins in October was more than double the next closest casino, the Tropicana, which had $25.2 million in wins.  While Harrah’s casino win fell 21.7% YoY, it is still ranked third in Atlantic City with $23.8 million.  Harrah’s just barely beat out Hard Rock’s $23.2 million in casino wins.

While Hard Rock is making a splash in the Atlantic City casino scene, Ocean Resort is not performing nearly as well.  Ocean Resort was dead last in total casino wins in October in Atlantic City.  It’s $13.1 million in wins was $700 thousand less than the much smaller Resorts and $1.3 million less than Bally’s.

While it is great that casino wins city-wide increased by 8% in October, the legacy casinos definitely have their work cut out for them to make sure that Hard Rock and Ocean Resort don’t continue to eat into their casino business.

Wynn Resorts and Las Vegas Sands: Vegas Slot Machine and Table Game Daily Unit Wins

The Short Take:

  • One way to look at a casino’s revenue and profitability is to look at the average daily wins per slot machine and gaming table
  • Las Vegas Sands had a daily win per slot machine during Q3 2018 of $351 at its Las Vegas casinos while Wynn’s was $334
  • Wynn conquered the daily win per gaming table with $4,003 in wins per table per day in Vegas in Q3 while LVS won $3,489 on average per day for each table in its Vegas casinos

With the third quarter financial reports for Las Vegas Sands (LVS) and Wynn Resorts (WYNN) in the rearview mirror we decided to take a look at some of the casino stats for each companies’ Las Vegas properties.

Slots

One way to look at a casino’s slot business is to see how much the casino wins per machine per day. Both LVS and WYNN report these stats in their quarterly filings.  In the third quarter, LVS won a daily average of $351 per slot machine per day at its two Las Vegas Strip casinos, Venetian and Palazzo.  Wynn’s average daily win per machine was a bit less, coming in at $334. In fact, over the last five quarters, LVS had a higher average daily win per machine in four quarters.

On a year-over-year basis, LVS’ average win per machine per day increased from $306 in the third quarter of 2017, or a YoY gain of 14.7%.  On the other hand, the win per day fell 4.6% YoY for WYNN, dropping from $350 in the same quarter last year.

Las Vegas Sands and Wynn Resorts have almost the identical number of slot machines in Las Vegas.  In the third quarter, LVS had 1,833 slot machines in its Vegas casinos.  WYNN’s two Strip casinos, Wynn and Encore, had a combined 1,823 machines.

 

Table Games

For table games, we can look at a similar statistic: the average win per gaming table per day. This includes gaming tables on the main casino floor.  It excludes poker tables.

In Q3 2018, WYNN beat out LVS in Las Vegas daily per unit gaming table wins.  Also, over each of the last five quarters WYNN’s daily wins beat out LVS. In Q3, WYNN had a daily average of $4,003 of wins per gaming table per day.  The win at LVS was significantly lower, coming in at $3,489.

On a year-over-year basis, WYNN saw a pretty significant drop.  Last year, in Q3 2017, the average daily win per table at WYNN was $6.065.  This represents a YoY drop of 34.0% this year. On the other hand, LVS saw a YoY increase of 9.3%, rising from last year’s Q3 daily win per gaming table of $3,193.

Like slot machines, WYNN and LVS have almost the exact same number of table games in Las Vegas. Las Vegas Sands’ two casinos have a combined 232 tables.  Wynn and Encore have a combined 235 tables.

 

Of course, looking at the average daily unit win for slot machines and table games is just one small way to look at a casinos’ revenue and profitability, but for investors, and the casual gambler, it is an interesting insight into the underbelly of a casino.

If you have interest in digging deeper into all of the casino and hotel stats for these two companies, check out the WYNN Data Viewer or the LVS Data Viewer.

More Industry Coverage is Coming Soon

Big News: We’ll be Expanding our Industry Coverage Very Soon!!!

Thanks for stopping by Ante Research. We’ll soon be expanding our coverage universe to include the Hotel, Airline and Restaurant industries.  In addition to our current Casino industry analysis we’ll be picking up coverage of many more hospitality and travel companies.

So bookmark us and check back soon to take advantage of the additional industry analysis, articles and historical data we’ll have to offer.

Thanks for reading,

The Ante Research Team