Regional markets looked better in August but that was predictable.

  • Mature regional gaming market revenue declined “only” 1.0%, beating our projection slightly.
  • However, the underlying trends are not good and we expect that to show through in September
  • Given the results from June-August, we estimate September 2013 same-store casino revenue will fall more than 8% (down 1 Saturday)

AUGUST REBOUNDS BUT SEPTEMBER COULD BE UGLY - r