Being the northernmost and easternmost portion of the New England region in the United States, Maine is ranked 41st in terms of population size and 38th in terms of population density, according to 2014 data by the US Census Bureau.
At present, the state of Maine hosts two commercial casinos – Hollywood Casino Hotel and Raceway in the city of Bangor and Oxford Casino in the city of Oxford. In addition, the state has one establishment of Native American type, which is owned and managed by the Penobscot Indian Nation.
A Closer Look at Industry Numbers
| Monthly Casino Gaming Revenue by Type and by Establishment in Maine in US dollars | |||||
|---|---|---|---|---|---|
| Period | Hollywood Casino | Oxford Casino | |||
| Net Slot Revenue | Table Revenue | Net Slot Revenue | Table Revenue | ||
| 2015 | May | $3,975,944 | $695,811 | $5,664,797 | $1,228,892 |
| April | $3,716,917 | $1,006,526 | $5,284,220 | $1,236,815 | |
| March | $3,818,411 | $880,294 | $5,379,059 | $1,233,775 | |
| February | $3,126,382 | $557,987 | $4,039,159 | $1,114,801 | |
| January | $3,011,371 | $629,620 | $3,819,257 | $996,998 | |
| 2014 | December | $3,445,276 | $679,343 | $4,173,817 | $1,081,703 |
| November | $3,592,828 | $873,958 | $4,223,064 | $1,121,500 | |
| October | $4,192,042 | $661,379 | $4,987,040 | $1,230,806 | |
| September | $4,116,698 | $682,699 | $5,153,195 | $1,073,444 | |
| August | $4,622,184 | $730,860 | $5,932,833 | $1,387,137 | |
| July | $4,216,983 | $492,768 | $5,845,790 | $1,450,330 | |
| June | $3,590,146 | $613,377 | $4,823,729 | $1,153,177 | |
| May | $4,204,848 | $730,725 | $5,074,456 | $1,106,712 | |
| April | $3,786,999 | $722,635 | $5,028,986 | $1,338,233 | |
| March | $3,894,404 | $655,396 | $4,909,908 | $1,348,032 | |
| February | $3,369,717 | $473,149 | $4,338,211 | $1,022,002 | |
| January | $3,378,454 | $710,528 | $3,877,020 | $1,151,114 | |
| 2013 | December | $3,071,991 | $551,207 | $3,271,254 | $963,284 |
| November | $3,672,337 | $611,024 | $4,485,760 | $1,177,743 | |
| October | $3,931,705 | $553,540 | $4,899,304 | $1,000,785 | |
| September | $4,135,653 | $626,864 | $5,311,639 | $1,198,328 | |
| August | $4,601,598 | $597,942 | $5,938,164 | $1,197,560 | |
| July | $4,523,324 | $636,950 | $5,940,263 | $1,164,256 | |
| June | $4,042,276 | $646,733 | $5,098,997 | $1,106,356 | |
| May | $4,294,928 | $664,583 | $5,287,761 | $1,046,824 | |
| April | $3,808,037 | $709,731 | $4,846,730 | $1,005,067 | |
| March | $4,321,990 | $679,175 | $5,315,261 | $1,360,329 | |
| February | $3,381,392 | $536,922 | $3,925,273 | $1,026,020 | |
| January | $3,484,478 | $574,181 | $4,033,542 | $1,015,316 | |
| 2012 | December | $3,559,190 | $514,593 | $3,646,839 | $1,188,691 |
| November | $3,787,307 | $678,412 | $4,203,926 | $1,161,046 | |
| October | $4,211,070 | $697,653 | $4,492,539 | $980,877 | |
| September | $4,545,216 | $670,889 | $4,766,681 | $972,495 | |
| August | $5,016,176 | $734,265 | $4,490,704 | $859,249 | |
| July | $4,877,040 | $653,202 | $4,378,046 | $919,274 | |
| June | $4,635,436 | $810,878 | $3,908,526 | $570,649 | |
| May | $5,311,182 | $640,968 | $0 | $0 | |
| April | $5,094,361 | $750,269 | $0 | $0 | |
| March | $5,779,789 | $319,837 | $0 | $0 | |
| February | $5,011,194 | $0 | $0 | $0 | |
| January | $4,384,965 | $0 | $0 | $0 | |
| 2011 | December | $4,514,812 | $0 | $0 | $0 |
| November | $4,596,099 | $0 | $0 | $0 | |
| October | $5,041,854 | $0 | $0 | $0 | |
| September | $5,586,872 | $0 | $0 | $0 | |
| August | $5,512,447 | $0 | $0 | $0 | |
| July | $5,911,566 | $0 | $0 | $0 | |
| June | $5,118,870 | $0 | $0 | $0 | |
| May | $4,854,154 | $0 | $0 | $0 | |
| April | $4,798,484 | $0 | $0 | $0 | |
| March | $4,979,414 | $0 | $0 | $0 | |
| February | $4,461,358 | $0 | $0 | $0 | |
| January | $4,077,150 | $0 | $0 | $0 | |
| 2010 | December | $4,111,330 | $0 | $0 | $0 |
| November | $4,727,506 | $0 | $0 | $0 | |
| October | $5,512,042 | $0 | $0 | $0 | |
| September | $5,600,103 | $0 | $0 | $0 | |
| August | $5,705,912 | $0 | $0 | $0 | |
| July | $6,086,751 | $0 | $0 | $0 | |
| June | $4,926,282 | $0 | $0 | $0 | |
| May | $5,179,596 | $0 | $0 | $0 | |
| April | $5,003,960 | $0 | $0 | $0 | |
| March | $5,351,025 | $0 | $0 | $0 | |
| February | $4,920,444 | $0 | $0 | $0 | |
| January | $4,542,264 | $0 | $0 | $0 | |
| 2009 | December | $4,516,216 | $0 | $0 | $0 |
| November | $4,503,530 | $0 | $0 | $0 | |
| October | $5,487,961 | $0 | $0 | $0 | |
| September | $5,123,095 | $0 | $0 | $0 | |
| August | $5,682,795 | $0 | $0 | $0 | |
| July | $6,055,002 | $0 | $0 | $0 | |
| June | $5,019,081 | $0 | $0 | $0 | |
| May | $5,443,144 | $0 | $0 | $0 | |
| April | $4,505,716 | $0 | $0 | $0 | |
| March | $4,700,122 | $0 | $0 | $0 | |
| February | $4,156,598 | $0 | $0 | $0 | |
| January | $4,004,961 | $0 | $0 | $0 | |
| 2008 | December | $3,500,711 | $0 | $0 | $0 |
| November | $4,279,707 | $0 | $0 | $0 | |
| October | $4,885,980 | $0 | $0 | $0 | |
| September | $4,762,016 | $0 | $0 | $0 | |
| August | $5,652,393 | $0 | $0 | $0 | |
| July | $6,296,830 | $0 | $0 | $0 | |
| June | $3,371,102 | $0 | $0 | $0 | |
| May | $4,008,232 | $0 | $0 | $0 | |
| April | $3,666,839 | $0 | $0 | $0 | |
| March | $3,580,773 | $0 | $0 | $0 | |
| February | $3,383,358 | $0 | $0 | $0 | |
| January | $3,127,441 | $0 | $0 | $0 | |
Source: Maine Gambling Control Board
| Monthly Change in Casino Gaming Revenue by Type and by Establishment in Maine in % | |||||
|---|---|---|---|---|---|
| Period | Hollywood Casino | Oxford Casino | |||
| Net Slot Revenue | Table Revenue | Net Slot Revenue | Table Revenue | ||
| 2015 | May | 6.97 | -30.87 | 7.20 | -0.64 |
| April | -2.66 | 14.34 | -1.76 | 0.25 | |
| March | 22.14 | 57.76 | 33.17 | 10.67 | |
| February | 3.82 | -11.38 | 5.76 | 11.82 | |
| January | -12.59 | -7.32 | -8.49 | -7.83 | |
| 2014 | December | -4.11 | -22.27 | -1.17 | -3.55 |
| November | -14.29 | 32.14 | -15.32 | -8.88 | |
| October | 1.83 | -3.12 | -3.22 | 14.66 | |
| September | -10.94 | -6.59 | -13.14 | -22.61 | |
| August | 9.61 | 48.32 | 1.49 | -4.36 | |
| July | 17.46 | -19.66 | 21.19 | 25.77 | |
| June | -14.62 | -16.06 | -4.94 | 4.20 | |
| May | 11.03 | 1.12 | 0.90 | -17.30 | |
| April | -2.76 | 10.26 | 2.43 | -0.73 | |
| March | 15.57 | 38.52 | 13.18 | 31.90 | |
| February | -0.26 | -33.41 | 11.90 | -11.22 | |
| January | 9.98 | 28.90 | 18.52 | 19.50 | |
| 2013 | December | -16.35 | -9.79 | -27.07 | -18.21 |
| November | -6.60 | 10.38 | -8.44 | 17.68 | |
| October | -4.93 | -11.70 | -7.76 | -16.48 | |
| September | -10.13 | 4.84 | -10.55 | 0.06 | |
| August | 1.73 | -6.12 | -0.04 | 2.86 | |
| July | 11.90 | -1.51 | 16.50 | 5.23 | |
| June | -5.88 | -2.69 | -3.57 | 5.69 | |
| May | 12.79 | -6.36 | 9.10 | 4.15 | |
| April | -11.89 | 4.50 | -8.81 | -26.12 | |
| March | 27.82 | 26.49 | 35.41 | 32.58 | |
| February | -2.96 | -6.49 | -2.68 | 1.05 | |
| January | -2.10 | 11.58 | 10.60 | -14.59 | |
| 2012 | December | -6.02 | -24.15 | -13.25 | 2.38 |
| November | -10.06 | -2.76 | -6.42 | 18.37 | |
| October | -7.35 | 3.99 | -5.75 | 0.86 | |
| September | -9.39 | -8.63 | 6.15 | 13.18 | |
| August | 2.85 | 12.41 | 2.57 | -6.53 | |
| July | 5.21 | -19.45 | 12.01 | 61.09 | |
| June | -12.72 | 26.51 | – | – | |
| May | 4.26 | -14.57 | – | – | |
| April | -11.86 | 134.58 | – | – | |
| March | 15.34 | – | – | – | |
| February | 14.28 | – | – | – | |
| January | -2.88 | – | – | – | |
| 2011 | December | -1.77 | – | – | – |
| November | -8.84 | – | – | – | |
| October | -9.76 | – | – | – | |
| September | 1.35 | – | – | – | |
| August | -6.75 | – | – | – | |
| July | 15.49 | – | – | – | |
| June | 5.45 | – | – | – | |
| May | 1.16 | – | – | – | |
| April | -3.63 | – | – | – | |
| March | 11.61 | – | – | – | |
| February | 9.42 | – | – | – | |
| January | -0.83 | – | – | – | |
| 2010 | December | -13.03 | – | – | – |
| November | -14.23 | – | – | – | |
| October | -1.57 | – | – | – | |
| September | -1.85 | – | – | – | |
| August | -6.26 | – | – | – | |
| July | 23.56 | – | – | – | |
| June | -4.89 | – | – | – | |
| May | 3.51 | – | – | – | |
| April | -6.49 | – | – | – | |
| March | 8.75 | – | – | – | |
| February | 8.33 | – | – | – | |
| January | 0.58 | – | – | – | |
| 2009 | December | 0.28 | – | – | – |
| November | -17.94 | – | – | – | |
| October | 7.12 | – | – | – | |
| September | -9.85 | – | – | – | |
| August | -6.15 | – | – | – | |
| July | 20.64 | – | – | – | |
| June | -7.79 | – | – | – | |
| May | 20.81 | – | – | – | |
| April | -4.14 | – | – | – | |
| March | 13.08 | – | – | – | |
| February | 3.79 | – | – | – | |
| January | 14.40 | – | – | – | |
| 2008 | December | -18.20 | – | – | – |
| November | -12.41 | – | – | – | |
| October | 2.60 | – | – | – | |
| September | -15.75 | – | – | – | |
| August | -10.23 | – | – | – | |
| July | 86.79 | – | – | – | |
| June | -15.90 | – | – | – | |
| May | 9.31 | – | – | – | |
| April | 2.40 | – | – | – | |
| March | 5.83 | – | – | – | |
| February | 8.18 | – | – | – | |
| January | 6.28 | – | – | – | |
Monthly net revenue from slot machines at Hollywood Casino went up 6.97% in May 2015 to reach USD 3.975 million. It has been the highest revenue level since October 2014, when a figure of USD 4.192 million was reported.
Taking into consideration the period January 2008-May 2015, net slot revenue at Hollywood Casino rose the most in July 2008 (86.79%), while the sharpest monthly drop was observed in December 2008 (-18.20%).
May 2015 net slot revenue at Hollywood Casino represented a 5.44% decline compared to May 2014, a 7.43% decline compared to May 2013 and a 25.14% decline compared to May 2012.
In the period September-December 2013 Hollywood Casino reported four consecutive months of slot revenue decline, which represented a total drop of 38.00%. However, it was a less steep decline in comparison with the four-month slot revenue drop, reported by Oxford Casino during that same period (-53.83%).
Monthly revenue from table games at Hollywood Casino plunged 30.87% in May 2015, the first drop in the past three months, to reach USD 695 811. The latter has been the lowest table revenue figure since February 2015, when a monthly level of USD 557 987 was posted. In addition, May 2015 drop rate has been the most notable one since February 2014, when table revenue slumped at a monthly pace of 33.41%. The latter, on the other hand, has been the steepest fall in monthly table revenue during the period April 2012-May 2015. Table revenue surged the most in April 2012 (134.58%).
May 2015 table revenue at Hollywood Casino represented a 4.78% drop compared to May 2014, but was 4.70% higher compared to the May 2013 level and 8.56% above the May 2012 level.
Monthly net revenue from slot machines at Oxford Casino rose 7.20% in May 2015 to reach USD 5.664 million. The latter has been the highest revenue level since August 2014, when a figure of 5.932 million was reported.
Taking into consideration the period June 2012-May 2015, net slot revenue at Oxford Casino rose at the fastest monthly rate in March 2013 (35.41%) and dropped the most in December 2013 (-27.07%). The latter marked the end of the second out of two strings of five consecutive monthly declines in net revenue from slot machines. The first string (September 2014-January 2015) produced a total drop of 41.35%, while the second one (August-December 2013) produced a drop of 53.86%.
May 2015 net slot revenue at Oxford Casino represented an 11.63% increase compared to May 2014 and a 7.13% increase compared to May 2013.
Monthly revenue from table games at Oxford Casino decreased for the first time in the past four months in May 2015, down 0.64%, to reach USD 1.228 million. The latter has been the lowest table revenue level since February 2015, when a figure of USD 1.114 million was reported. May 2015 rate of decline, however, has been the lowest one during the period June 2012-May 2015. During the same period monthly table revenue at the casino expanded the most in July 2012 (61.09%) and fell the most in April 2013 (-26.12%).
May 2015 table revenue at Oxford Casino represented an 11.04% increase compared to May 2014 and a 17.39% increase compared to May 2013.
| Annual Casino Gaming Revenue by Type and by Establishment in Maine in US dollars | ||||||
|---|---|---|---|---|---|---|
| Period | Hollywood Casino* | Oxford Casino** | ||||
| Net Slot Revenue | Table Revenue | Total Net Revenue | Net Slot Revenue | Table Revenue | Total Net Revenue | |
| 2014 | $46,410,579 | $8,026,814 | $54,437,393 | $58,368,047 | $14,464,188 | $72,832,235 |
| 2013 | $47,269,709 | $7,388,848 | $54,658,557 | $58,353,948 | $13,261,868 | $71,615,816 |
| 2012 | $56,212,926 | $6,470,964 | $62,683,890 | $29,887,262 | $6,652,279 | $36,539,541 |
| 2011 | $59,453,078 | $0 | $59,453,078 | $0 | $0 | $0 |
| 2010 | $61,667,214 | $0 | $61,667,214 | $0 | $0 | $0 |
| 2009 | $59,198,222 | $0 | $59,198,222 | $0 | $0 | $0 |
| 2008 | $50,515,382 | $0 | $50,515,382 | $0 | $0 | $0 |
* Hollywood Casino’s table revenue reported for March-December 2012
** Oxford Casino’s slot and table revenue reported for June-December 2012
| Annual Change in Casino Gaming Revenue by Type and by Establishment in Maine in % | ||||||
|---|---|---|---|---|---|---|
| Period | Hollywood Casino* | Oxford Casino** | ||||
| Net Slot Revenue | Table Revenue | Total Net Revenue | Net Slot Revenue | Table Revenue | Total Net Revenue | |
| 2014 | -1.82 | 8.63 | -0.40 | 0.02 | 9.07 | 1.70 |
| 2013 | -15.91 | 14.18 | -12.80 | 95.25 | 99.36 | 96.00 |
| 2012 | -5.45 | – | 5.43 | – | – | – |
| 2011 | -3.59 | – | -3.59 | – | – | – |
| 2010 | 4.17 | – | 4.17 | – | – | – |
| 2009 | 17.19 | – | 17.19 | – | – | – |
| 2008 | 16.79 | – | 16.79 | – | – | – |
Net slot revenue at Hollywood Casino fell for a fourth consecutive year in 2014, down at an annual rate of 1.82%, to reach USD 46.410 million. It has been the lowest net revenue since 2007, when a figure of USD 43.251 million was reported.
Taking into account the period 2008-2014, net slot revenue at Hollywood Casino rose the most in 2009 compared to 2008 (17.19%) and dropped at the steepest annual rate in 2013 (-15.91%).
Table revenue at Hollywood Casino rose for a second straight year in 2014, up at an annual rate of 8.63%, to reach USD 8.026 million, following a 14.18% increase during the prior year.
Total net casino gaming revenue slipped for a second successive year in 2014, down 0.40%, to reach USD 54.437 million. The latter has been the lowest net revenue level since 2008, when a figure of USD 50.515 million was reported.
Considering the period 2008-2014, total net casino gaming revenue expanded the most in 2009 (17.19%) and fell at the sharpest annual rate in 2013 (-12.80%).
Net slot revenue at Oxford Casino ticked up 0.02% in 2014, which marked a second consecutive year of growth, to reach USD 58.368 million.
Table revenue at the same casino also continued to expand in 2014, reaching an annual level of USD 14.464 million.
With both composing elements growing in 2014, logically, total net casino gaming revenue at Oxford Casino went up at an annual rate of 1.70% last year to reach USD 72.832 million. The sharp levels of growth in revenue from all gaming options, observed in 2013 compared to 2012, were due to the fact that in 2012 Oxford Casino reported statistical data for the period June-December only.
| Revenue Share by Type and by Establishment in Maine in % | ||||||
|---|---|---|---|---|---|---|
| Period | Hollywood Casino* | Oxford Casino** | ||||
| Net Slot Revenue | Table Revenue | Total Net Revenue | Net Slot Revenue | Table Revenue | Total Net Revenue | |
| 2014 | 85.25 | 14.75 | 100.00 | 80.14 | 19.86 | 100.00 |
| 2013 | 86.48 | 13.52 | 100.00 | 81.48 | 18.52 | 100.00 |
| 2012 | 89.68 | 10.32 | 100.00 | 81.79 | 18.21 | 100.00 |
| 2011 | 100.00 | 0.00 | 100.00 | – | – | 100.00 |
| 2010 | 100.00 | 0.00 | 100.00 | – | – | 100.00 |
| 2009 | 100.00 | 0.00 | 100.00 | – | – | 100.00 |
| 2008 | 100.00 | 0.00 | 100.00 | – | – | 100.00 |
During the period 2008-2011 slot machines have been the only source of revenue for Maine’s Hollywood Casino, while during 2012-2014 they have still played a dominant role in total casino gaming revenue formation. The highest slot revenue share was observed in 2012 (89.68%), while the lowest share – in 2014 (85.25%).
During the period 2012-2014 table games at Hollywood Casino have expanded their revenue share, as, on average, they accounted for 12.86% of total casino gaming revenue. The highest table revenue share was observed in 2014 (14.75%), while the lowest share – in 2012 (10.32%).
During the examined period slot machines have been the key source of revenue for Oxford Casino, as, on average, they accounted for 81.14% of total casino gaming revenue. The highest slot revenue share was seen in 2012 (81.79%), while the lowest share – in 2014 (80.14%).
Table games at Oxford Casino increased their significance as a revenue source during the period in question. On average, they contributed to 18.86% of total casino gaming revenue, with the highest revenue share being observed in 2014 (19.86%) and the lowest share – in 2012 (18.21%).
