EGS Wagers Slip In November, But Increase Year-Over-Year
Electronic Games of Skill (EGS) wagers slipped in November compared to the previous month, but the gambling revenue continues to far outpace last year’s levels.
Oaklawn Park in Hot Springs and Southland Park in West Memphis are the only two venues allowed to offer casino-style gambling, although certain aspects of the games are electronic. EGS wagers include video blackjack, poker and slot machines.
According to November figures released by the Arkansas Racing Commission, Oaklawn reported lower EGS wagers of $51.68 million for the month. In October, Oaklawn posted EGS wagers of $55.29 million and one year ago the Hot Springs racetrack recorded wagers of just $37.05 million.
Southland saw EGS wagers taper off to $116.38 million in November compared to $119.83 million in October. In November 2010, Southland’s EGS wagers totaled just $64.24 million.
Year-to-date, Oaklawn’s EGS revenues have topped $598.12 million, while Southland’s totals have exceeded $1.185 billion. Combined, EGS revenues for the two tracks equal more than $1.783 billion for the first 11 months of 2011.