Investor Presentaiton
Impact from New Regional Competition
TRWH's Rhode Island properties have weathered the impact from Encore Boston Harbor and established a new baseline from which to grow,
large part by TRWH's transfer of the Newport Grand license and opening of Tiverton.
Rhode Island monthly GGR post-Encore opening is virtually equal to its historical levels, highlighting the properties' resilience
Monthly Rhode Island Gaming Volume Since March 2017
driven in
June 2015
Opening of
Monthly Average Prior to Tiverton: $53.0mm
Plainridge Park
57.3
55.3
53.9
53.9
51.6
52.5 52.1
50.3 49.5 48.5 47.9
49.8
August 2018
Opening of MGM
Springfield
67.6
61.8
60.2
59.8
57.9
56.7
57.1
57.5
55.1
56.0
53.2
54.2 54.8
54.9 55.4
53.7
Monthly Average Post-Boston
Competition Opening
(1): $52.7mm
June 2019
Opening of
Encore Boston
56.1
52.7
53.4
53.8
51.0
50.9 51.7
51.7
21.4
Mar-
17
May-
17
Jul-
Sep-
Nov-
17
17
17
Jan-
18
Mar-
18
May-
18
Jul-
18
Sep-
18
Nov-
18
Jan-
19
Mar-
19
May-
19
Jul-
19
Sep-
Nov-
Jan-
19
19
20
Mar-
20
Lincoln
Newport
Tiverton
Online
TRWH
Source: RI state gaming commission website through March 2020. March 2020 gaming volume was significantly affected by the closure of the Rhode Island properties
beginning on March 14, 2020 due to the COVID-19 pandemic.
(1) Does not include gaming volume from March 2020 due to the temporary closure of the properties. Average including March 2020 is $49.2mm.
Note: Does not represent GAAP revenue
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