The five local casinos took in USD 80.79M in April, a 6.9% drop

Indiana blames VGTs for downfall in casino revenue

Dan Nita, senior vice president and general manager at Horseshoe Hammond, blamed competition from video gaming machines in bars and other businesses in Illinois for the slide.
2017-05-17
Reading time 40 seg
Dan Nita, senior vice president and general manager at Horseshoe Hammond, blamed competition from video gaming machines in bars and other businesses in Illinois for the slide.

"There are two divergent stories. Table games have been quite stable and grown ever so slightly, but that can't offset the decline in slot machines due to the (video gaming machines)," Dan Nita said.

Table games at Horseshoe were up 0.5 percent, while the slot side was down 4.5% last month, he said.

According to the monthly revenues released May 10 by the Indiana Gaming Commission, only Majestic Star I in Gary had an increase in revenue. The casino had revenues of $8.65 million compared with $8.55 million in April 2016.

Ameristar took in $18.16 million last month compared with $21.16 million in April 2016, Blue Chip Casino in Michigan City brought in $13.49 million compared with $14.02 million, Horseshoe Hammond raked in $35.11 million compared with $36.62 million and Majestic Star II took in $5.38 million compared with $5.95 million.

Related topics:
Leave your comment
Subscribe to our newsletter
Enter your email to receive the latest news
By entering your email address, you agree to Yogonet's Terms of use and Privacy Policies. You understand Yogonet may use your address to send updates and marketing emails. Use the Unsubscribe link in those emails to opt out at any time.
Unsubscribe
EVENTS CALENDAR