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Facing facts
Casino (including FACING FACTS Casino (including poker and bingo) poker and bingo) Canadian GGY by product in 2019Canadian GGY by product in 2019
1% 400
Italy: monthly e-gaming and betting revenues (index based at 100 in June 2018*) The advertising ban in Italy did not reduce e-gaming.
7% 1% 400
Italy: monthly e-gaming and betting revenues Gambling Insider takes a statistical look at the results of different companies (index based at 100 in June 2018*) The advertising ban in Italy did not reduce e-gaming. 7% for the second quarter of 2021, with many operators recovering from a difficult Q2 2020
Horse bettingHorse betting
350 350
800 618.7 600 400 236.9 200 156.5 48.6 0
Evolution Q2 2021 revenue per geographical region
Comparing Q2 2021 and Q2 2020 revenue Comparing Q2 2021 and Q2 2020 for Boyd Gaming Corporation, per region revenue for Boyd Gaming Corporation, per region
Las Vegas Locals Downtown Las Vegas 125 800
100
Revenue (US$ million) 600 400 200 0 236.9 48.6 38.7 4.6 618.7 156.5 (US$ million) 1500 1000 500 0 1,173 62 244 -425 Revenue (EU€ million) 75 50 25 16.4
Midwest & South -500 Revenue Adjusted Property 0 Nordics EBITDA
Comparing Q2 2021 and Q2 2020 revenue Comparing Q2 2021 and Q2 2020 for Boyd Gaming Corporation, per region revenue for Boyd Gaming Corporation, per region
Las Vegas Locals Downtown Las Vegas
Casino 300
250 125
Gaming machines
200 100
Revenue (US$ million) 38.7 4.6 (US$ million) Lottery and sports betting Charitable gaming 1500 1000 500 0 1,173150 100 50 0 16.4 75 50 25Revenue (EU€ million)62 244 -425 Jun-18 Oct-18 Feb-19 Jun-19 Oct-19 Feb-20 Jun
Midwest & South -500 Revenue Adjusted Property 0 Nordics EBITDA
Advertising ban begins
27% 24%
Cut-off for existing deals
41%
Casino 300
250
Gaming machines
200
Lottery and sports betting 150
100
Charitable gaming
50 0 Jun-18 Oct-18 Feb-19 Jun-19 Oct-19 Feb-20 Jun
27% 24% Advertising ban begins
41%
Comparing Las Vegas Sands revenue and adjusted property EBITDA for Q2 2021 and Q2 2020 Q2 2021 Q2 2020 Q2 2021 Q2 2020
Source: Company reports • Total revenue climbed 326% year-on-year from $209.9m to $893.6m • Downtown Las Vegas grew 732% year-on-year, with Las Vegas Locals and Midwest & South growing by 385% and 295% respectively
Evolution Q2 2021 revenue Evolution Q2 2021 revenue per geographical regionper geographical region
125 125
100
75 50 25Revenue (EU€ million)
100
75
50
25
16.4 16.4 19.8 19.8 104 104
65.7 65.7
27.2 27.2
23.5 23.5
0 0 Nordics UK Rest of Europe Asia North America
Nordics UK Rest of Other Europe Asia North America Other
Sports Sports Casino (including poker and bingo) Casino (including poker and bingo) Source: Company reports • Q2 2021 operating revenue was €256.7m ($301.1m), a 100% year-on-year increase • Rest of Europe revenue led the way with €104m, with Asia in second at €65.7m Evolution Q2 2021 revenue Evolution Q2 2021 revenue per geographical regionper geographical region
Source: Company reports • Casino revenue represented $843m of total revenue • Macau operations represented $855m of total revenue
Melco Resorts & Entertainment Q2 2021 operating revenue distribution by sector Melco Resorts & Entertainment Q2 2021 operating revenue distribution by sector Melco Resorts & Entertainment Q2 2021 operating revenue distribution by sector
500 500
478.6 478.6
Revenue (US$ million) 400 300 200 100 Revenue (US$ million)
400
300
200
100
39.7 39.7
(US$ million)
25.4 25.4 22.6 22.6
0 0 Casino Rooms Food and Beverage
Casino Rooms Entertainment, Food and retail and otherBeverage
Entertainment, retail and other
Source: Company reports • Total operating revenue for Q2 2021 was $566.4m, a 222% increase from the prior-year period • Casino revenue grew 224% year-on-year Evolution Q2 2021 revenue Evolution Q2 2021 revenue per geographical regionper geographical region Comparing Wynn Resorts Q2 2021 revenue per venue Comparing Wynn Resorts Q2 2021 revenue per venue
Melco Resorts & Entertainment Q2 2021 operating revenue distribution by sector 500 478.6 Evolution Q2 2021 revenue per geographical region
Evolution Q2 2021 revenue per geographical region Evolution Q2 2021 revenue per geographical region
Melco Resorts & Entertainment Q2 2021 operating revenue distribution by sector 478.6500 Evolution Q2 2021 revenue per geographical region
Comparing Churchill Downs Q2 2021 and Q2 2020, Comparing Q2 2021 and Q2 2020 revenue for Gaming revenue and EBITDA and Leisure Properties and Vici Properties Q2 2021 Q2 2020 Evolution Q2 2021 revenue per geographical region Q2 2020Q2 2021
27.2
Entertainment, retail and other
Other Asia North America
23.5 Revenue (US$ million)(US$ million)(US$ million)
400 600600
300
400400 200
100 200200
Other 0 0 0
515.1515.1
185.1 39.7
Revenue (US$ million)185.1 400 300 200 100 233.3
233.3
25.4 39.7 22.6 30.130.1 25.4 22.6
Revenue (US$ million)Revenue (US$ million)
Casino 0 Rooms Food and BeverageRevenueRevenue Adjusted EBITDA Casino Adjusted EBITDA Entertainment, retail and otherRooms Food and Beverage Entertainment, retail and other 400400
300300
200200
100100
0 0
317.8317.8
262262
Gaming and Gaming and leisure Propertiesleisure Properties
376.4376.4
257.9257.9
VICI VICI PropertiesProperties
Source: Company reports • Total operating revenue for Q2 2021 was $566.4m, a 222% increase from the prior-year period • Casino revenue grew 224% year-on-year
Revenue (US$ million)
400
300
200
100
0
270.3
355 64.8 Encore Boston Harbour
Evolution Q2 2021 revenue per geographical region Comparing Wynn Resorts Q2 2021 revenue per venue
400
317.8 300 262 200 165.2
100 0 2 Gaming and leisure Properties
376.4 400
Revenue (US$ million) 257.9 300 200 100 270.3 184
8.7 11.8 VICI 0 Wynn Palace 0 Wynn Macau Las Vegas Properties Operations
355 64.8 Encore Boston Harbour
Revenue (US$ million) 165.2
2
Comparing Q2 2021 and Q2 2020 revenue for two of the biggest casino operators in the US
Comparing Scientific Games’ Q2 2021 and Q2 2020 revenue, and
300 1000 2267.9 750
200 100 289.8 (US$ million) 500
250 0 0 MGM Resorts
Evolution Q2 2021 revenue per geographical region Comparing Wynn Resorts Q2 2021 revenue per venue
400
300 200 100 317.8 262 Revenue (US$ million) 2520
12.7
0 Gaming and Caesars leisure Properties Entertainment
376.4 400
Revenue (US$ million) 257.9 300 200 100 270.3 184
8.7 11.8 VICI Wynn Palace Wynn Macau Las Vegas Properties Operations
355 64.8 Encore Boston Harbour
Revenue (US$ million) 165.2
2
Comparing Q2 2021 and Q2 2020 revenue for two of the biggest casino operators in the US
Comparing Scientific Games’ Q2 2021 and Q2 2020 revenue, and
300 1000 2267.9 750
200 100 289.8 (US$ million) 500
250 0 0 MGM Resorts
Source: Company reports • Gaming and Leisure Properties revenue grew 21% year-on-year, Vici
Properties grew 46% • Both real estate investment trusts specialising in casino properties reported a year-on-year increase in net income Revenue (US$ million) 2520 Source: Company reports • Q2 2021 revenue reached $990.1m • Las Vegas operations led Q2 2020Q2 2021 the way with $355.1m 12.7
Caesars Entertainment
1000 880 750 539 500 250
(US$ million) 383
121
Comparing Q2 2021 and Q2 2020 revenue for two of the biggest casino operators in the US
Comparing Scientific Games’ Q2 2021 and Q2 2020 revenue, and consolidated AEBITDA
300 1000 880 2267.9 750
200 100 289.8 (US$ million) 500 539 383
250 121 0 MGM 0 Revenue 0 Consolidated Resorts AEBITDA
Revenue (US$ million) 2520
12.7
Caesars Entertainment
Comparing Q2 2021 and Q2 2020 revenue for two of the biggest casino operators in the US
Comparing Scientific Games’ Q2 2021 and Q2 2020 revenue, and consolidated AEBITDA
300 1000 880 2267.9 750
200 100 289.8 (US$ million) 500 539 383
250 121 0 MGM Revenue Consolidated Resorts AEBITDA
Comparing Q2 2021 and Q2 2020 revenue for two of the biggest casino operators in the US Q2 2021 Q2 2020 Q2 2021 Q2 2020 Revenue (US$ million) 2520
12.7 Caesars Entertainment
0 Source: Company reports Revenue Consolidated • MGM Resorts reported net income of $105m; Caesars $71m AEBITDA • MGM Resorts regional venues reported revenues of $856m; Caesars regional venues reported $1.4bn Source: Company reports • AEBITDA (adjusted EBITDA) was the highest in Scientific Games’ history • Revenue grew 63% year-on-year, while AEBITDA grew 217%
