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Facing facts
NUMBER CRUNCHINGISSUES 0 FACING FACTS 48.6 236.9 156.5 618.7 600 400 200 38.7 4.6 Revenue (US$ million) 1,173 1000 500(US$ million) 48.6 236.9 156.5 618.7 600 400 200 38.7 4.6 Revenue (US$ million)
1500 1000
(US$ million) 500
0
62 244
62 -425
244
% of US adults -425
0 Las Vegas 0 Locals
Downtown Las Vegas Las VegasLocals Midwest & Downtown SouthLas Vegas Midwest & South -500
Revenue -500 Adjusted Property Revenue Adjusted Property
Gambling Insider EBITDA focuses its lens on various facts and figures from the EBITDA global gaming industry in 2021, focusing specifically on the US market
Comparing TV ad activity for DraftKings and FanDuel for Jan-Sept 2020 and 2021 Comparing TV ad activity for DraftKings and FanDuel for Jan-Sept 2021 and 2020 Comparing TV ad activity for DraftKings and FanDuel for Jan-Sept 2021 and 2020
National TV and spend TV ad impressions Pennsylvania July and August 2021 sports betting handle (total wagers) and revenue
July August Comparing Q2 2021 and Q2 2020 Comparing Q2 2021 and Q2 2020 revenue for two of the biggest casino revenue for two of the biggest casino operators in the US
(Year-on-year % increase)
125
100
75
50
25
0
98 (Year-on-year % increase)
125
100
75
50
34
25
122
98 122
67
34
(US$ million) 67
0 DraftKings FanDuelDraftKings FanDuel 400
300
200
100
0
400
348.5
304.4
(US$ million)
300
200
100
304.4 348.5
27.5 25.3
0
Handle (Total Wagers)
RevenueHandle (Total Wagers)
Revenue (US$ million)
27.5 25.3
Revenue 300
200
100
0
Source: iSpot.tv • Over 75% of DraftKings’ 2021 impressions are from sports-related programs, compared to over 80% for FanDuel • 41% of DraftKings’ ad impressions were local, compared to 55% for FanDuel Source: Pennsylvania Gaming Control Board • • Melco Resorts & Entertainment Q2 2021 operating revenue distribution by sector Melco Resorts & Entertainment Q2 2021 operating revenue distribution by sector 14% increase in revenue from July to August 8% decline in handle from July to August
400
Describe gaming as a
300 200 100Revenue (US$ million) growing industry Believe that gambling is an acceptable form of entertainment Think that the industry gives back to communities where it operates Think the gaming industry behaves responsibly in
the communities where 0 it operates Say the industry employs a diverse workforce Think that the industry caters to a diverse clientele
Comparing Wynn Resorts Q2 2021 revenue per venueComparing Wynn Resorts Q2 2021 revenue per venue Americans’ attitude towards gaming in 2021
400
355
270.3Revenue (US$ million)
300
200
100
8.7
270.3
184
8.7 11.8
184
57
64.8
11.867
0 Wynn Palace Wynn MacauWynn Palace Las Vegas Wynn Macau Operations 500
478.6500
478.6 Canadian GGY by product in 2019
355
77
87
165.2
64.8 165.2
2
American attitudes toward gaming in 2021
Encore Boston Harbour
Revenue (US$ million) 400 300 200 100
39.7
25.4 Las Vegas Operations 0 Casino Rooms Food and Beverage retail and other
Encore Boston Harbour
Revenue (US$ million) 400 300 200 100 27% 7% 1%
39.7
0 Casino 24% Rooms
41% 78
Source: American Gaming Association (AGA) • Survey results come from two online polls - Kantar (Aug/Sept 2021) & YouGov (Jun 2021) - conducted on behalf of the American Gaming Association among national samples of 2,000 Americans • The data was weighted to approximate 2 a target sample of adults based on age, educational attainment, gender, race and region
77
Sports Casino (including poker and bingo)
0 25 50
% of US adults
75 100
Virginia Canadian GGY by product in 2019
6.0%
1%
Others
Top 10 states by total transaction 3.8% Canadian GGY by product in 2019Illinois 8.2% 7% Iowa 3.1%volume for the 2021 NFL opening weekend
1% Colorado 3.7%
Arizona 41% Source: GeoComply Solutions Inc. • There were 58.2 million geolocation 10.4% transactions across 18 states and the District of Columbia from 9-12 September • This represents a 126% increase from the same period of the 2020 NFL season
Tennessee 7%5.2%
Indiana 5.5%
24% 27%
Virginia 6.0% 41%
Pennsylvania 19.8%
Michigan 12.9% Others 3.8%
New Jersey 21.4%
Iowa 3.1% Colorado 3.7%
Tennessee 5.2%
Pennsylvania 19.8%
Illinois 8.2%
Canadian GGY by Province / Territory (C$m) in 2019Americans’ attitude towards gaming in 2021
24%Arizona 10.4% Indiana 5.5%
1.17
California 100
Texas
Florida
New York June July 1.5 IllinoisAugust Ohio
1.0 0.5Revenue ($ billion) Pennsylvania North Carolina Georgia 81 74
61 New Jersey
0 0.0
77 1%
1.07 1.04
106
1.23
97.8
95.6
87.1
86.4 186.7
57166.3
1.19 1.36
67 California
Texas
Florida
New York
231.4
1.17
78 87
331.1
Illinois 8.2%7% Projected online sports betting tax revenue for US states per year: Top 10
Canadian GGY by Province / Territory (C$m) in 2019 Arizona
10.4% 27% 41% 231.4
Source: The Action Network • California - the country’s most populated state - is top with $331.1m projected online sports betting tax revenue • Michigan is bottom of the complete list with $1.7m • 331.1 Nevada does not make the top 10, because an estimated 20% of it's annual visitors come from California
186.7 24%
166.3
0
75.3
100
Illinois
200 Ohio
77
March April25 May June July August50 75 Projected tax revenue ($ million) Pennsylvania
% of US adultsNorth Carolina
300
106
97.8
100 95.6
87.1 400
Have multiple sportsbook accounts
Conduct research before betting
Georgia Selected statistics from the inaugural Pickswise.com Annual Sports Bettor Survey New Jersey
0
100
86.4
75.3
California Nevada gaming revenue from March-August 2021
100
200 1.5 Projected tax revenue ($ million)
300
1.23 Texas 400
Florida
1.36
Comparing Scientific Games’ Q2 7175 50 25% of US adults-425 2021 and Q2 2020 revenue, and consolidated AEBITDA 8801000 750
383 61 70
61 74 81
Revenue ($ billion)
1.0
0.5
1.07 1.04 New York 1.19
Illinois
Ohio
Pennsylvania
North Carolina
1.17
0
Bet to win money 121 Bet for the thrill Bet at least weekly
Place at least three bets per week Have multiple sportsbook accounts
Conduct research before betting
Comparing Q2 2021 and Q2 2020 revenue for two of the biggest casino operators in the US
Comparing Q2 2021 and Q2 2020 revenue for Boyd Gaming Corporation, per region
Comparing Scientific Games’ Q2 618.7 2021 and Q2 2020 revenue, and consolidated AEBITDA
Revenue Comparing Q2 2021 and Q2 2020 revenue for Boyd Gaming Consolidated AEBITDA Source: Pickwise.com • The first Pickswise.com Annual Sports Bettor Survey included • Corporation, per region1,500 self-identified US sports bettors All bettors were of legal betting age, all residing in states with legal sports betting 1500
1,173 1000 0.0
March April May GeorgiaJune July August New Jersey
Source: Nevada Gaming Control Board 0 • Six consecutive months of over $1bn in gaming revenue for Nevada casinos • July had highest revenue in that period with $1.36bn
