International edition
August 02, 2021

Gambling venues generated a combined us$ 53 million gross revenue last month

Indiana casinos lose out to weather and economy

(US).- Hurricane Ike delivered a blow to Southeast Indiana casinos in September, as the Argosy, Belterra and Grand Victoria properties saw a combined 19 % dip in revenue.

F

igures from the Indiana Gaming Commission show the casinos generated a combined us$ 53 million in adjusted gross revenue in September, down from us$ 63 million in the same period last year. Total admissions declined 18 % to just over 523,000.

Grand Victoria saw the steepest decline, with revenue falling 23 % to us$ 9.3 million. Argosy recorded revenue of us$ 31.5 million for the month, a 21 % decline over September 2007.

The Argosy Casino, in Lawrenceburg, is owned by Penn National Gaming. Belterra Casino & Spa, in Florence, is owned by Pinnacle Entertainment and the Grand Victoria Casino & Resort, owned by Hyatt Gaming Management, is in Rising Sun.

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