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.
2008-10-15
Reading time 26 seg

Figures 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.

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 Condiciones de uso 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