Case Study: National Gaming & Racing achieves 98.2% forecast accuracy with Prevedere

National Gaming & Racing Company - Customer Case Study

Prevedere partnered with National Gaming & Racing, a gaming company with facilities across 19 states, which was struggling with the difficult task of predicting guest traffic and revenue. Without an accurate forecast, the company's finance and marketing teams were making sub-optimal capital and staffing decisions. Their key challenge was to identify geographic and demographic leading indicators to reduce risk and improve planning.

Using its AI/ML solution and global data, Prevedere built forecast models that incorporated highly predictive external indicators like consumer sentiment and disposable income. This data-driven strategy provided the leadership team with accurate forecasts in just a few weeks. As a result, National Gaming & Racing achieved a 98.2% average 12-month forecast accuracy, reduced the time to gather external data by 60%, and avoided a $14 million top-line revenue miss.